No female decision-maker at 77% of SE Asia-headquartered venture firms

A March report by DealStreetAsia found that startups founded or co-founded by women in Southeast Asia bagged just a little over 17% of all private funding in 2021.

As a key source of capital for early- and growth-stage startups, venture investors can play a key role in addressing — or perpetuating — the gender funding gap. But how gender diverse are these firms themselves?

According to the latest report by DealStreetAsia – DATA VANTAGE, about 77% of venture investors headquartered in Southeast Asia don’t have a single woman in an investment decision-making role. The report defines a decision-maker as one with the authority to lead deals, sign cheques and sit on company boards.

In comparison, about 66.6% of the Asian and global investment firms with a presence in the region had no female decision-maker at all.

According to a February report by tech news site The Information, only 12 of more than 100 venture firms surveyed in the US did not have a single female investment partner.

DealStreetAsia’s latest report covered 380 venture investors headquartered in Southeast Asia and with a base in the region. The list comprised venture capitalists, venture debt providers, angel investment platforms, accelerators and incubators.

Here are some of the female decision-makers at Southeast Asia’s venture firms. For the full list of 107 decision-makers, get a copy of the report.

Expand Table

NameDesignationVenture investment firm
JinA BaeManaging PartnerAbound Capital
Amra NaidooCo-founder and General PartnerAccelerating Asia
Huiting KohPartner and CMOAltara Ventures
Huang Shao-NingPartnerAngelCentral
Mariko Asmara YoshiharaManaging PartnerAngo Ventures
Andrea Hajdu-HowePartner, Co-head of CapitalAntler
Melissa Cannon GuzyCo-founder and Managing PartnerArbor Ventures
Wei HopemanCo-founder and Managing PartnerArbor Ventures
Hau LyPartnerAscend Vietnam Ventures
Michelle SutejaPartnerCentral Capital Ventura
Jian Li YewCEOCitrine Capital
Irene UmarManaging PartnerDiscovery Nusantara Capital
Vy LeCo-founder and General PartnerDo Ventures
Maaike DoyerFounderEpic Angels
Jenny LeeManaging PartnerGGV Capital
Soo Wei ShawPartnerGobi Partners
Angela ToyPartner, Portfolio GrowthGolden Gate Ventures
Hyegi ChungFounding PartnerHuat Ventures
Soo Boon KOHFounder and Managing PartneriGlobe Partners
Minette NavarretePresidentKickstart Ventures
Tee SuraphongchaiManaging PartnerKoru Partners
Pinn LawjindakulPartnerLightspeed Venture Partners
Shannon LeePartner, Centauri FundMDI Ventures
Susli LiePartnerMonk's Hill Ventures
Jessica Huang PouleurPartnerOpenspace Ventures
Pahrada (Mameaw) SapprasertManaging PartnerORZON Ventures
An DoPartnerPatamar Capital
Shuyin TangPartnerPatamar Capital
Arni Laily AnwarrudinHead of Petronas VenturesPetronas Ventures
Visa KannanPartnerSaison Capital
Mukaya PanichChief Venture and Investment OfficerSCB10X
Pailin VichakulPartnerSCB10X
Yuan Lee ChungInvestorSIG Venture Capital
Geraldine OetamaPartnerSkystar Capital
Piruze SabuncuPartnerSquare Peg Capital
Iris YFounding PartnerStratified Capital
Virginia TanFounding Partner and CEOTeja Ventures
Mei TongPartner and COOTeja Ventures
Tran Phuong ChiPartnerTeko Ventures
Giang NguyenFounding PartnerThinkZone Ventures
Shirley WongManaging PartnerTNF Ventures
Tú NgôGeneral PartnerTouchstone Partners
Lim Qing RuPartnerTrue Global Ventures
Rishika ChandanManaging DirectorVenturi Partners
Tracy JinSenior Executive Director, InvestmentVertex Growth Fund
Carmen YuenGeneral PartnerVertex Ventures Southeast Asia & India
Marie-Anne Dupin VermerschFounding PartnerVisVires New Protein
Le Anh ThachFounderVSV Capital
Anne ChengPartnerVynn Capital
Cristina Ventura SerraGeneral PartnerWhite Star Capital

Female decision-makers agreed venture firms need to address the lack of diversity, especially at senior management levels.

“If we look across the industry today, there leaves more to be desired. Most firms do a decent job attracting diverse talent pools at the junior level but not as well higher up the ranks,” said Pinn Lawjindakul, who was in April promoted to partner at Lightspeed Venture Partners.

“Until women represent 50% of the VC workforce, individual firms can always do more,” said Visa Kannan, a partner at Saison Capital.


The Women in Southeast Asia’s VC Ecosystem 2022 report is available exclusively to DealStreetAsia – Professional subscribers. Subscribe/upgrade your subscription now to access our entire set of reports. Still not sure? Opt for a one-month trial for only $208.

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