The company was founded by a group of entrepreneurs, corporate executives, venture capitalists, and IT luminaries who are passionate about helping local startups succeed. TNF Ventures aims to provide guidance and support to startups that lack the right connections and guidance in business model development. The firm seeks to invest in companies operating in various sectors such as telecommunications, technology, software, media, medical, and forestry. TNF Ventures is an approved Incubator under the Technology Incubation Scheme by the National Research Foundation (NRF) and is a co-investment partner of NRF. The company's mission is to nurture early-stage high-tech start-up companies in Singapore and contribute to the growth of the startup ecosystem in the country.