Stryv raises USD 11.5 million in Series B funding led by ACV Capital, joined by Openspace Capital and OCTAVE Capital

L to R: Wenyou Tan, CFO, Stryv; Roy Ang, CEO & co-founder, Stryv; Minghao Teoh, Co-founder, Stryv

SINGAPORE – October 27, 2026 – Stryv, a fast-growing personal care and home wellness company, today announced it has raised USD 11.5 million in Series B funding. The round was led by ACV Capital, with participation from Openspace Capital and OCTAVE Capital, among other investors.

Stryv will use the funds to grow its regional presence, expanding into new markets such as Taiwan while growing its business in Malaysia and Hong Kong. 

It will also expand its product ecosystem by increasing investment in R&D, as well as by acquiring brands that fit it, as it did with Singapore-based Sterra. Acquired in March 2026, Sterra brought a presence in 200,000 households and opened up the home appliances category. In addition to gaining talent and product portfolio, acquiring brands with market presence distinct from Stryv will also open up more APAC markets for the company.

Already known and trusted for its personal care products such as hair dryers, stylers, shavers, Stryv is now also a home care brand. Leveraging the Sterra team’s expertise in this space, Stryv has launched the Stryv Oasis massage chair and Stryv Halo air purifier since September this year. This is underpinned by the successful integration of Sterra into Stryv, with the final steps of the brand merger to be completed in the next few months.

By serving both personal and home care, everyday categories where quality, trust and repeat use matter, Stryv can stay with its customers across more of their daily routines, a position the Series B round strengthens.  

“Stryv’s ability to deliver well-designed, high-quality products that offer value for money is a compelling proposition for consumers across Asia. As demand for personal care and home wellness products continues to grow, we see significant opportunities for Stryv to meet evolving consumer needs, particularly in areas such as clean air and water. We look forward to supporting the team as they expand the business into new markets,” said Helen Wong, Managing Partner at ACV Capital.

"We are deeply grateful to ACV Capital and the participating investors for their confidence in Stryv. Their backing is a strong endorsement of what we are building: a multi-category ecosystem of personal and home care products for families across Asia," said Roy Ang, CEO and co-founder of Stryv. "Every colleague across Stryv has played a part in earning this trust, and I am proud to build this company alongside them,” he added.

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About Stryv
Stryv is a fast-growing personal care and home wellness company dedicated to enhancing modern living. Known for its design-led, high-performance products, Stryv has built a diverse portfolio spanning hair care, men's grooming, oral care, air and water purification, and home comfort solutions — each crafted to help users look and feel their best, and live in healthier, cleaner home environments. With a strong and growing presence across key markets, Stryv is committed to bringing thoughtful, smart, and modern lifestyle solutions to homes across the region.

About ACV Capital
ACV Capital is a private equity investment firm backing high-growth businesses across Southeast Asia. With offices across South East Asia and headquartered in Indonesia, and a global network of partners, we help scale high-potential companies into market leaders. Our firm manages over US$500 million across five funds and, over the past eight years, has invested in more than 100 companies across Southeast Asia. 

Our vision is to support the growth of Indonesia’s and ASEAN’s most promising businesses. We partner with high-potential companies, providing smart, connected capital to help them scale and lead in their industries across Southeast Asia and beyond.

Our experienced team brings a strong track record across sectors, including consumer, financial technology, climate and sustainability, mobility and logistics, healthcare, education, enterprise solutions, retail, and commerce infrastructure. We partner with exceptional leadership teams to build transformative businesses and drive long-term, measurable impact. Learn more: acv.vc 

About Openspace Capital
Openspace Capital is a Singapore-based multi-strategy asset manager with a long-established specialist focus on Southeast Asia. Established in 2014, Openspace Capital invests in tech-native and tech-enabled businesses across multiple stages and strategies, including early-stage venture, growth equity, credit and listed equities. Openspace Capital has over S$1 billion in committed capital across its funds, with a regional presence across Singapore, Indonesia, Thailand, the Philippines, Vietnam, and Malaysia. Learn more: openspacecapital.com

About OCTAVE Capital
OCTAVE Capital invests in high growth businesses to build a more regenerative, inclusive and resilient economy. The firm invests in scalable businesses benefiting from long-term economic drivers, including cleaner energy, resource efficiency, rising demand for healthcare and human capital, and more resilient infrastructure and supply chains. OCTAVE Capital supports founders and businesses by strengthening commercial models, building strategic connections and enabling market access to drive sustainable growth.

Regulated by the Monetary Authority of Singapore as a Capital Markets Services-licensed fund manager, OCTAVE Capital is a Singapore-based investment firm that brings deep experience across venture capital and growth equity. The firm combines investment discipline with active portfolio stewardship to deliver both measurable impact and financial performance.

Learn more at www.octavecapital.co