Heang Chhor's path is unusual for a venture investor: born in Cambodia, a French citizen educated in Europe, he spent 26 years at McKinsey—including leading its Japan office and sitting on its global board—before founding Qualgro in Singapore, and he judges founders through an explicit "DNA, skillset, mindset" lens that looks for courage, resilience, and straight answers to hard questions. He also pushes founders to check whether investors can actually help in the next 12–18 months and stick around during rough patches, argues Southeast Asia needs homegrown tech innovation tied to university research rather than copies of Western models, and evaluates consumer startups by real customer loyalty and spending patterns rather than app download numbers.
About their Fund
Sectors
AI, Data, SaaS, Enterprise, Fintech
Rounds
Series A - Series B+
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Notable Investments
Qualgro is a B2B deep-tech venture fund that builds behavioral-science rigor into its investing process, using tools like independent scoring, structured founder-assessment methods, and guidance from Olivier Sibony (co-author of Noise) to reduce bias, and this shows up in results: a third of its portfolio companies have at least one female founder, compared to the 87% of 2022 regional VC funding that went to all-male teams. It backs entrepreneurs building regional-to-global businesses with real defensibility, maintains long-term hands-on partnerships such as its 10-year relationship with PatSnap, and was the first VC fund in Southeast Asia to join Singapore's AI Verify Foundation for responsible AI governance.
Notable Fund
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