# Vulpes Investment Management: portfolio, investments and team

> Vulpes Investment Management is a family office based in Singapore. 3 investments on record, latest Oct 2025. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/vulpes-investment-management (Millionrounds; every figure on the page links to its filing or article)

Singapore · [Investor](https://millionrounds.com/investors)

# Vulpes Investment Management

Last cheque observed Oct 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet New fund $11M, Sept 2013 Family office

Pre-seed Seed Series A Metabolites Protein Medtech

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 3 on record

Since the last cheque **382** days **00** hrs **00** min **00** sec

Median round **$4.7M** Cheque size, as they say **$50K – $50M** Rounds led **0 of 3**

Pitch Vulpes Investment Management

## Vulpes Investment Management highlights

- 01 3 rounds on record
- 02 Mostly Seed and Series A: 67% of its rounds

## What they do

- **Type:** Family office (from a list, unverified)
- **Cheque size:** $50K – $50M as they say
- **Stages:** Pre-seed Seed Series A Series B
- **Sectors:** Metabolites Protein Medtech
- **Based in:** Singapore, Singapore
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **3 appearances**

- **2025** 1 round
- **Oct** **[Nexl](https://millionrounds.com/company/nexl)** Series B · AU · Startup Daily **$23M** With 5 others
- **2021** 1 round
- **Oct** **[ThoughtFull](https://millionrounds.com/company/thoughtfull)** Seed · MY · Firms' own news pages **$1.1M** With 2 others
- **Undated** 1 round
- **-** **[JigSpace](https://millionrounds.com/company/jigspace)** Series A · AU · Firms' own news pages **$4.7M** With 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **2 named**

FB **Frederick Butterfield Pickering** Director i Form ADV

SC **Stephen Charles Diggle** Founder and Director i Form ADV

We also hold **16** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$97M** assets it manages Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** Vulpes Investment Management Private Limited
- **SEC number:** CRD 161048

New fund on file

**$11M**

raised in Sept 2013

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$4.7M** the round, not its cheque

Led 0 of 3 rounds **0%**

- **Said size:** $50K – $50M
- **Sole investor:** Never alone
- **Last cheque:** Oct 2025

Rounds by stage said on their site

- Seed said *1*
- Series A said *1*
- Series B said *1*
- Pre-seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Investible](https://millionrounds.com/fund/investible) 2

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## Who they invest alongside

The investors most often in the same rounds as Vulpes Investment Management. A count of rooms they were both in, not a relationship either has claimed.

[**Investible** VC firm **2** rounds together](https://millionrounds.com/fund/investible)

## Recently backed

The latest companies Vulpes Investment Management put money into.

[**Nexl** $23M · Oct 2025](https://millionrounds.com/company/nexl)[**ThoughtFull** $1.1M · Oct 2021](https://millionrounds.com/company/thoughtfull)[**JigSpace** $4.7M](https://millionrounds.com/company/jigspace)

## Quick answers about Vulpes Investment Management

### What does Vulpes Investment Management invest in?

Vulpes Investment Management invests most often at Seed and Series A (67% of the rounds on record), in sectors such as Metabolites, Protein and Medtech.

### How active is Vulpes Investment Management?

3 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2025.

### What has Vulpes Investment Management invested in recently?

Its most recent investments on record: Nexl (Series B, Oct 2025) and ThoughtFull (Seed, Oct 2021).

### How big are Vulpes Investment Management's cheques?

The median round it joins is $4.7M. It says it writes cheques of $50K to $50M.

### Is Vulpes Investment Management investing now?

No investments in the last 12 months; the latest was in Oct 2025.

### Who does Vulpes Investment Management invest alongside?

Most often Investible (2 rounds together).

### What kind of investor is Vulpes Investment Management?

Vulpes Investment Management is a family office based in Singapore, Singapore.

### How much does Vulpes Investment Management manage?

About $97M, as regulatory assets under management (Oct 2026).

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