Spiral Ventures

Spiral Ventures is a Singapore-based venture firm formerly known as IMJ Investment Partners, with an extensive history investing across Southeast Asia and Japan in consumer technology, enterprise software, fintech, and digital services. The firm operates with a generalist regional mandate and has historically backed seed and Series A companies in the range of approximately five hundred thousand to three million dollars per round, with the ability to follow on selectively. Healthcare appears in the portfolio opportunistically rather than as a defined vertical. Healthcare AI founders should approach only if the company has clear regional ambitions in Southeast Asia or Japan, where the firm’s network of operators, corporate partners, and follow-on investors creates real value. Companies building consumer-facing health products, digital therapeutics with regional pilots, or B2B software targeting Asian healthcare buyers are the natural fit. Therapeutics, complex devices, and United States enterprise health software without an Asian angle are unlikely to match. The platform value-add is regional connectivity rather than deep clinical expertise, so founders should not expect detailed reimbursement or regulatory coaching. The best entry path is a warm introduction from a portfolio CEO, a Southeast Asian operator with firm relationships, or a banker covering cross-border deals. Direct outreach via LinkedIn to partners is acceptable for cold contact, particularly when the pitch leads with regional opportunity and includes specific market entry plans, partnership conversations, or early traction in the relevant geographies.