Singaporean venture capital firm Altara Ventures closes $130M inaugural fund to invest in next generation tech founders

Altara Ventures announced Thursday the successful final closing of its inaugural fund, reaching a total of $130 million, with support from institutional funds, sovereign wealth funds, financial services institutions, publicly listed corporations and prominent family offices. The firm has made seven investments to date and will continue to actively deploy capital into Series A and B stage investments in fintech, consumer, enterprise software, logistics, healthcare and education technology.