Supply Chain Angels (SCAngels) is the corporate venture arm of YCH Group, Asia Pacific’s leading integrated end-to-end supply chain management and solutions provider, supported by Y3 Technologies, a leading supply chain management information technology and services company.
Co-invested by National Research Foundation (NRF) under the Early Stage Venture Funding Scheme III (ESVF III), SCAngels invests in startups that are synergistic and complementary to YCH’s supply chain and logistic business with the aim of “Nurturing Innovative Disruptors”.
It is more than providing money. It is about providing SMART money. Startups would be able to tap into our eco-system by utilising our in-depth sector knowledge, processes and clients.
Our startups will be encouraged to locate in Supply Chain City, a 2m sqft logistics ecosystem housing logistic operations of numerous MNCs, training of supply chain professionals and in the heart of the Jurong Innovation District.
In tandem with Singapore’s Research, Innovation & Enterprise 2020 Plan (RIE2020), SCAngels partnered with SGInnovate to identify and co-invest in innovative Singapore-based deep tech startups with intellectual property and global market potential in the Services and Digital Economy domain including artificial intelligence (AI), cybersecurity and the Internet of Things (IOT).
Have access to the best-in-class technologies in the Supply Chain and Logistics sector, made possible by the innovative nature of YCH Group
Tap into the vast network of Asia’s leading supply chain management and solutions provider, providing unprecedented opportunities in the Asia-Pacific region
Elevate & enhance the culture of innovation through established frameworks and proven methodology of accelerated and sustainable growth
Beyond funding, we provide in-depth sector knowledge from industry experts mentoring start-ups throughout their growth journey
Be connected to critical networks of key stakeholders, providing technical, operational and knowledge capabilities to spur growth and innovation
Leverage on cutting-edge infrastructure, testbed platforms for new ideas and be connected to potential customers in our integrated systems
Locate your team in Supply Chain City to cowork among the extensive startups community and rapidly grow your business.
Robert Yap is the Executive Chairman of YCH Group, Singapore’s leading end-to-end supply chain company with operations spanning across Asia Pacific. He has close to four decades of experience in the logistics and supply chain management field.
Robert has been widely recognised for his thought leadership and contribution to the SCM industry. In 2016, Robert was named ‘Businessman of the Year’ for the year 2015 at the prestigious Singapore Business Awards. He was previously conferred the NUS Business School Eminent Business (Senior) Alumni Award in 2014 and the Lifetime Achievement Award (Logistics) by the World Chinese Economic Forum in 2013. Robert is also the recipient of the Ernst and Young Entrepreneur of the Year award in 2007, and the Asia Logistics Hall of Fame award in 2003.
Robert is currently President of Singapore National Employers Federation (SNEF), Deputy Chairman of International Enterprise Singapore (IES), Chairman of the ASEAN Business Advisory Council Singapore, and Singapore Chairman of the Malaysia – Singapore Business Council (MSBC). He also advises various business and strategic committees such as the Singapore National Committee for Pacific Economic Cooperation (SINCPEC), the ASEAN SME Advisory Board and the Singapore Management University’s School of Information Systems. Robert also contributes to various local government-related councils which include the Committee on the Future Economy, the National Productivity Council (NPC), the SkillsFuture Council, and Advisory Council on Community Relations in Defence – Employers & Business (ACCORD). Robert is also the Founding Chairman of Supply Chain Asia – a regional community of more than 30,000 supply chain professionals.
Catherine Yap is the Executive Director of YCH Group, a leading integrated end-to-end supply chain management and logistics partner to some of the world’s largest companies. She oversees finance insurance and audit functions, and with 2 decades of multi-dimensional business management and accounting experience in the logistics industry, Catherine brings to the group invaluable depth in enterprise and growth management.
Catherine graduated from the London School of Accountancy and is a Fellow of the Chartered Association of Certified Accountants (UK). She has also participated in the INSEAD Euro-Asis Center Strategic Management programme, and holds a Certificate in Insurance from the Singapore Insurance Institute.
SCAngels is interested to help High Technology Early Stage Companies grow not just by providing capital but also with the ecosystem of deep set industry knowledge and access to our footprint across Asia Pacific and marque international MNC clientele.
Investment Criteria
If you think you fit the bill and want to be part of the ecosystem, please feel free to contact us here.
“Mentors Are The Secret Weapons Of Successful Startups”
We believe that the startups should arm themselves with one of the most important weapons that they can have when going into “battle”. SCA will provide the “ammunition” with 3 categories of mentors: Industry, Venture and Management Mentors
Each start-up would be assigned mentors based on relevant of experience and skill sets. Mentors are allocated into three categories, where each start-up would be assigned at least one from each group:
We will be looking to invest at Pre-Series A or Series A with a minimum of S$500,000 and a maximum of S$2 million into a single portfolio company. There is a possible follow on investment at Series B with a limit of S$2 million of total investment.
Yes. Companies must be incorporated in Singapore. If you need help incorporating, please, refer to the ACRA website. Alternatively, you can approach a corporate secretarial firm to help you with incorporation.
It is not necessary to move the whole team to Singapore. However, the core high-value functions such as R&D, product and/or technology development and customization, and C-suite (CEO, CTO, etc) management team must be based in Singapore.
We have an investment committee process which includes analyzing the team’s ability to execute, the product, the business model, as well as the synergies with our supply chain and logistic business.
But essentially the startup would need to be:
We believe in providing more than just capital. Capital is just one enabler for the startup to grow. It is essential but there are so many other factors that are critical for the startup to become a unicorn.
Supply Chain Angels will provide the startup with the ecosystem to thrive. This entails giving the startup access to our infrastructure (more than 10 countries across Asia Pacific), our people (deep set industry knowledge) and our contacts (clients and service providers).
Supply Chain Angels will be focusing its investment in the following areas:
We’d like to help and hear from you
Supply Chain City, 8 Bulim Avenue #08-06, Singapore 648166