# Velo Labs funding: rounds and investors

> Velo Labs has raised across 1 round since 2024. Investors include UOB Venture and DWF Labs. Every round with its source.

Source: https://millionrounds.com/company/velo-labs (Millionrounds; every figure on the page links to its filing or article)

Singapore · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Velo Labs*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

Funding summary Updated 26 Oct 2026

**Undisclosed** raised across 1 round since 2024, from 1 source

- **Latest round:** Venture Sept 2024
- **Investors:** 2

See who backed them

## The rounds

- **Sept 2024** Venture **Amount undisclosed** [UOB Venture](https://millionrounds.com/fund/uob-venture) [DWF Labs](https://millionrounds.com/fund/dwf-labs) Source recorded

## Founders and team

From Velo Labs's own website: 1 founder, 1 on the team.

**Jed McCaleb** Co-founder, Stellar Development Foundation

- **Korapat Arunanondchai** Chief Operating Officer

## Everyone who backed them

[UOB Venture](https://millionrounds.com/fund/uob-venture) VC firm **1** round

[DWF Labs](https://millionrounds.com/fund/dwf-labs) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=velo-labs).

## Quick answers about Velo Labs

### Who invested in Velo Labs?

Velo Labs's investors include UOB Venture and DWF Labs.

### How much has Velo Labs raised?

Velo Labs has raised 1 round since 2024, none with a disclosed amount.

### When did Velo Labs last raise?

Velo Labs's most recent round was a Venture in Sept 2024.

### Who backed Velo Labs first?

Velo Labs's first round on record, in Sept 2024, was backed by UOB Venture and DWF Labs.

### What stage is Velo Labs at?

Velo Labs's latest named round is a Venture, in Sept 2024.

### Where is Velo Labs based?

Velo Labs is based in Singapore.

## Companies like Velo Labs

In the same sector, and raised in the last eighteen months.

[**IPID** $16M · Oct 2026](https://millionrounds.com/company/ipid)[**Laters.com** $1.5M · Sept 2026](https://millionrounds.com/company/laters-com)[**Dtcpay** $50M · Sept 2026](https://millionrounds.com/company/dtcpay)[**Baskit** $8.5M · Apr 2026](https://millionrounds.com/company/baskit)[**Tazapay** $53M · Mar 2026](https://millionrounds.com/company/tazapay)[**Penguin Securities** $18M · Feb 2026](https://millionrounds.com/company/penguin-securities)

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