Ficus Capital: Building Ethical and Impact-Driven Ventures Across Southeast Asia
Impact Investing Fintech Healthcare Greentech SEA 4 Minutes

Ficus Capital isn’t just Southeast Asia’s first ESG-Islamic VC firm it’s one of the few funds globally that fully integrates Shariah compliance with a rigorous ESG investment thesis. From Kuala Lumpur, Ficus is quietly but confidently backing a new generation of startups that prove profit and principle can go hand-in-hand.
ESG + Shariah: A Distinct Investment Framework
Core Investment Focus
Ficus Capital backs early-stage startups that are shaping the future of Southeast Asia, while staying anchored in a robust ESG-Islamic framework. Its sector focus includes:
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Greentech & Sustainability
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Logistics & Mobility
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Fintech & Digital Infrastructure
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Healthtech
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Edutech
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E-commerce Enablement
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Big Data & Cloud Services
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Web3 & Emerging Technologies
These startups are chosen not just for their commercial potential, but for their alignment with Ficus’s proprietary Quadruple Bottom Line (QBL) investment methodology: People, Planet, Profit, and Principle.
Geographic Focus
Ficus Capital invests across Southeast Asia with a strong emphasis on Malaysia and Indonesia, supporting founders who are solving real-world problems in Muslim-majority and ESG-conscious markets. With regional growth and social equity as guiding values, Ficus ensures its investments are both scalable and sustainable.
Investment Strategy & Stage
Ficus typically backs early-stage startups, from pre-seed to Series A, writing initial tickets from $250,000 to $1 million. The firm runs two main funds:
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Ficus SEA Fund – Backed by MAVCAP, this $13.6M vehicle focuses on startups addressing market gaps across ASEAN with digital-first and impact-led solutions.
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Ficus Greentech Fund – A collaboration with Malaysia’s GreenTech and Climate Change Corporation (MGTC), this fund accelerates net-zero aligned businesses.
Ficus often co-invests alongside institutional and strategic investors, bringing both capital and compliance expertise to the table. They are active in shaping governance, guiding Shariah alignment, and preparing startups for long-term growth and global expansion.
Portfolio Highlights: Where Principles Meet Innovation
Ficus’s growing portfolio includes high-impact, high-integrity startups such as:
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Eclimo (Malaysia) – An electric vehicle manufacturer promoting green mobility and battery tech, homegrown in Malaysia.
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Assemblr (Indonesia) – A visual platform democratizing AR creation for users across education, entertainment, and enterprise.
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Simplify – A peer-to-peer internet sharing startup that boosts access and affordability in underserved areas.
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KLEAN – A recycling ecosystem powered by reverse vending and AI, making waste management circular and rewarding.
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Morpheus Labs – A Web3 and AI-driven blockchain development platform simplifying DLT adoption across enterprises.
Why Founders Choose Ficus Capital
In a region where many founders struggle to find aligned capital, Ficus offers a unique proposition:
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Deep expertise in Islamic and ESG investing
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Strong institutional partnerships (MAVCAP, MGTC, Islamic banks)
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Commitment to long-term governance and ethical scaling
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Ability to open doors to Halal markets and socially responsible LPs
At Ficus, due diligence goes beyond the cap table it’s about character, community, and contribution.
WOWS Global: Your Gateway to VCs Like Ficus Capital
At WOWS Global, we connect founders with investors that align with their mission and model. Ficus Capital is an ideal partner for startups operating at the intersection of impact, innovation, and integrity especially those seeking capital that matches their values.
If you're building something that’s good for the world and ready to scale in Southeast Asia, we’d love to help you connect.
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