26/10/2026
We named ourselves after the wrong insect. It turned out to be exactly just right.
10 years ago, two very different angel investors decided to build a fund together. Our Managing Partner, Michael Blakey, was skeptical of VCs, but Will Klippgen 威廉, our Founder Emeritus, believed they could do better. They still disagree on plenty of things, but they share a few core beliefs: founders come first, hard lessons are worth sharing, and spray-and-pray investing is never the answer. That’s how Cocoon Capital came to be; those same beliefs continue to shape how we invest, work with founders, and build relationships that go beyond the cheque.
ACRA rejected the name New Asian Ventures (NAV). He came up with Cocoon while reading The Very Hungry Caterpillar as a bedtime story. It made him think about nurturing founders and helping them grow. Will liked the idea, and that was that. The companies we back are mostly enterprise and deep tech businesses that solve unsexy problems that others might overlook, but actually matter.
If you’re building something important but unglamorous and want an investor who comes in early and stays through the hard parts, pitch to us.
This is only part of the story. In his full article, Michael shares how he and Will first met, the bet that got our first fund started, how Cocoon has changed over three funds, who’s leading us into the next decade, and why he’s more excited about Southeast Asia than ever. 👉 https://lnkd.in/g9K4Vwhq