Stryv raises $11.5M Series B to expand home appliance lineup
The Singapore-based hardware company plans to enter Taiwan and build out regional operations across Asia.
ACV Capital led an $11.5 million Series B financing for Stryv, a consumer hardware company based in Singapore [0].
Openspace Capital and OCTAVE Capital also joined the equity round, which was announced on Oct. 26 [0]. Stryv manufactures and sells direct-to-consumer electronics, including personal care tools, air purifiers, and massage chairs [1].
The company previously broadened its portfolio by acquiring Singapore-based brand Sterra in March 2026 [1]. According to co-founder and CEO Roy Ang, the team intends to build "a multi-category ecosystem of personal and home care products for families across Asia" [1].
Stryv will use the fresh capital to launch operations in Taiwan while deepening its retail presence in Hong Kong and Malaysia [1]. The business also plans to expand its catalog through internal research and development as well as further brand acquisitions, according to reporting by e27 [1]. Co-founder Minghao Teoh and CFO Wenyou Tan help oversee operations alongside Ang [1].
Questions and answers
How much capital did Stryv raise in its Series B round?
Stryv raised $11.5 million in Series B funding led by ACV Capital.
What products does Stryv sell?
Stryv produces household and personal care hardware, including electronics, massage chairs, and air purifiers.
How does Stryv plan to allocate the new funds?
The company plans to enter Taiwan, expand in Malaysia and Hong Kong, and broaden its catalog through research, development, and acquisitions.
Companies & investors in this story
Sources
- 1.Stryv bags US$11.5M Series B to turn a hair dryer brand into a household appliance group — e27, Oct 27, 2026
