# Investors based in Cambodia (2026 list)

> 40 investors based in Cambodia. Led by Leopard Capital, Belt Road Capital Management, FPT Ventures. Ranked by what they funded.

Source: https://millionrounds.com/lists/investors-based-in-cambodia (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Investors based in Cambodia

Updated 7 November 2026

Firms headquartered in Cambodia, ordered by what we have observed them do rather than by what they claim to invest in. Where a firm sits is not where it invests; for that, see investors in Cambodia.

[See all 40 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-cambodia)The top 25

**40** investors on the list No change this week

**0** cheques in 12 months Too few cheques to tell

**$5M** median round they joined *-37%* against the market median

**0%** wrote a cheque in 12 months

**0%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

- 1 [Leopard Capital](https://millionrounds.com/fund/leopard-capital) quiet Private equity · Cambodia **12** **$3.4M** median round **May 2013** last seen
- 2 [Belt Road Capital Management](https://millionrounds.com/fund/belt-road-capital-management) quiet Private equity · Cambodia **1** **$5M** median round **Mar 2019** last seen
- 3 [FPT Ventures](https://millionrounds.com/fund/fpt-ventures) quiet Corporate VC · Cambodia **1** **$51M** median round **Aug 2018** last seen
- 4 [A.I Consulting co, ltd](https://millionrounds.com/fund/a-i-consulting-co-ltd) unknown VC firm · Cambodia **none observed** **-** median round **-** last seen
- 5 [ABA Bank](https://millionrounds.com/fund/aba-bank) unknown VC firm · Cambodia **none observed** **-** median round **-** last seen
- 6 [Aegies Fund Management](https://millionrounds.com/fund/aegies-fund-management) unknown Investment firm · Cambodia **none observed** **-** median round **-** last seen
- 7 [Apsara Fund Management](https://millionrounds.com/fund/apsara-fund-management) unknown Investment firm · Cambodia **none observed** **-** median round **-** last seen
- 8 [B2O Group of Companies](https://millionrounds.com/fund/b2o-group-of-companies) unknown Investment firm · Cambodia **none observed** **-** median round **-** last seen
- 9 [BIO Accelerator Program](https://millionrounds.com/fund/bio-accelerator-program) unknown Accelerator · Cambodia **none observed** **-** median round **-** last seen
- 10 [Belt Road Capital Investment Group](https://millionrounds.com/fund/belt-road-capital-investment-group) unknown Investment firm · Cambodia **none observed** **-** median round **-** last seen
- 11 [Cambodian Children's Fund](https://millionrounds.com/fund/cambodian-children-s-fund) unknown Investment firm · Cambodia **none observed** **-** median round **-** last seen
- 12 [Canadia Group](https://millionrounds.com/fund/canadia-group) unknown Company · Cambodia **none observed** **-** median round **-** last seen
- 13 [Canadia Impact Fund](https://millionrounds.com/fund/canadia-impact-fund) unknown Corporate VC · Cambodia **none observed** **-** median round **-** last seen
- 14 [Cardamom Capital Consultants Co., Ltd.](https://millionrounds.com/fund/cardamom-capital-consultants-co-ltd) unknown Investment firm · Cambodia **none observed** **-** median round **-** last seen
- 15 [Choice Accelerator](https://millionrounds.com/fund/choice-accelerator) unknown Accelerator · Cambodia **none observed** **-** median round **-** last seen
- 16 [DAUN PENH (CAMBODIA) GROUP](https://millionrounds.com/fund/daun-penh-cambodia-group) unknown Investment firm · Cambodia **none observed** **-** median round **-** last seen
- 17 [DEVENCO](https://millionrounds.com/fund/devenco) unknown Private equity · Cambodia **none observed** **-** median round **-** last seen
- 18 [Diversential Holdings](https://millionrounds.com/fund/diversential-holdings) unknown VC firm · Cambodia **none observed** **-** median round **-** last seen
- 19 [Dojology Group](https://millionrounds.com/fund/dojology-group) unknown Company · Cambodia **none observed** **-** median round **-** last seen
- 20 [Employee Benefits & Pension Fund in Cambodia](https://millionrounds.com/fund/employee-benefits-and-pension-fund-in-cambodia) unknown Investment firm · Cambodia **none observed** **-** median round **-** last seen
- 21 [FORTE Insurance](https://millionrounds.com/fund/forte-insurance) unknown Investment firm · Cambodia **none observed** **-** median round **-** last seen
- 22 [Grand Corporation Osaka](https://millionrounds.com/fund/grand-corporation-osaka) unknown VC firm · Cambodia **none observed** **-** median round **-** last seen
- 23 [Haystack Solutions](https://millionrounds.com/fund/haystack-solutions) unknown Company · Cambodia **none observed** **-** median round **-** last seen
- 24 [ICVC Venture Capitalists](https://millionrounds.com/fund/icvc-venture-capitalists) unknown VC firm · Cambodia **none observed** **-** median round **-** last seen
- 25 [ID Capital Plc.](https://millionrounds.com/fund/id-capital-plc) unknown Investment firm · Cambodia **none observed** **-** median round **-** last seen

**15 more on this list**

All 40 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-cambodia)

## The Newest Cheques

Rounds this list's investors joined most recently

- **18** Mar **[Groupin](https://millionrounds.com/company/groupin)** Series A · $5M *With* [Belt Road Capital Management](https://millionrounds.com/fund/belt-road-capital-management)
- **16** Aug **[Sendo Technology](https://millionrounds.com/company/sendo-technology)** Series B · $51M *With* [FPT Ventures](https://millionrounds.com/fund/fpt-ventures)

## Cheques by Quarter

Led Joined

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

Q3 26

Q4 26

The last bar is the quarter still running.

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[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about investors based in Cambodia

### Who are the most active investors based in Cambodia?

By cheques observed, the most active are Leopard Capital, Belt Road Capital Management, FPT Ventures, A.I Consulting co, ltd and ABA Bank.

### How many investors based in Cambodia are there?

40 are on record. 0% made an investment in the last 12 months.

### What have investors based in Cambodia invested in recently?

Recent rounds include Groupin (Series A, Mar 2019, with Belt Road Capital Management) and Sendo Technology (Series B, Aug 2018, with FPT Ventures).

### How is this list of investors based in Cambodia ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

### Can I see all 40 investors based in Cambodia?

The top 25 are here. All 40 are in the app, with filters for stage, sector, market and cheque size. A free account shows 10 per search, Pro up to 1,000.

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
