Singapore-based Origgin Capital, the venture capital arm of Origgin Ventures, announced the launch of its second fund, Origgin Capital Fund 2, with a target size of S$30 million ($23.33 million).

Origgin Capital said in a statement on Wednesday that building on the success of its inaugural fund, Fund 2 will focus on co-creating and scaling high-potential spin-offs from leading universities and research institutes across Asia.

The fund aims to support up to 50 promising early-stage startups in sectors including advanced engineering, MedTech, sustainability, agri-food, and information and communication technologies (ICT).

The new fund will leverage Origgin’s established network across Singapore, Thailand, Malaysia, Japan, and China to unlock cross-border commercialization opportunities and deliver high-impact ventures that address pressing global challenges.

“Fund 2 represents our continued commitment to bridge the gap between the lab and industry — ensuring promising research becomes industry-ready and delivers global impact,

“Our partnership with Jinan Xianxin (Singapore) and TusStar gives our startups a unique advantage — access to China’s market, talent, capital, and a proven innovation ecosystem with a strong track record of scaling companies to success,” said Clarence Tan, Founder and Managing Partner of Origgin Capital.

Origgin Ventures is a deep tech Venture Creator that specializes in transforming promising research and intellectual property into successful spin-offs through its Venture Co-Creation framework.

By pairing breakthrough technologies with its venture building team, corporate partners, and early market access, the firm bridges the gap between academia and industry, significantly increasing the success rate of deep tech commercialization.

To strengthen its market access capabilities, Origgin has partnered with Jinan Xianxin (Singapore) and Tsinghua Technology Ventures, the investment platform of TusStar.

TusStar operates over 150 incubation bases across China and has incubated and served more than 10,000 enterprises cumulatively — with over 41 companies successfully listed.

This strategic partnership gives Origgin Capital’s portfolio companies direct pathways into China’s vast market, leveraging Jinan’s industrial base, comprehensive supply chain and TusStar’s extensive innovation network to localize, find customers, and scale quickly.

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