Venture Capital

Government-backed startup Studio Indonesia Alumni raises $65.8M in funding

Startup Studio Indonesia (SSI), a startup accelerator program backed by the Indonesian government, has on Friday announced that its alumni have collectively secured funding worth $65.8 million.

Tech sector may be in ‘funding winter’ but AC Ventures sees opportunities in EV, circular economy & sustainable agriculture, says Managing Partner [Q&A]

In the interview, Helen Wong also shared her views on the overall investment sentiment in Indonesia and gave updates on the deployment of its funds, among others.

ORIGIN Conference: Why is Southeast Asia Prime for the Next Decade?

The panellists discussed about the reasons why Southeast Asia is prime for the next decade and where they see opportunities within the region. They also discussed the challenges of investing and operating in the Southeast Asian region and had given some pieces of advice to investors and companies looking into this multi-cultural and diverse market.

Southeast Asian tech startups raises $10.4B in 2022 despite global slowdown

Southeast Asian tech startups raised $10.4 billion in 2022, the third strongest year on record and on par with the pre-pandemic investment levels, said a report revealed by Momentum Works and Cento Ventures on Tuesday.

Malaysian government launches MYStartup NXT to create sustainable startup ecosystem

Ministry of Science, Technology and Innovation (MOSTI) in Malaysia, through Cradle Fund Sdn. Bhd. (Cradle), has on Tuesday launched a series of micro- conferences, MYStartup NXT, as part of the efforts to create an inclusive, impactful and sustainable startup ecosystem in Malaysia.

Japan’s Genesia Ventures raises $110M in final close of the third fund

Japanese venture capital firm Genesia Ventures said Wednesday it has raised $110 million in final close of the third fund. Organizations including Canal Ventures, Cygames, DBJ Capital, FFG Venture Business Partners GREE Ventures, JA Mitsui Leasing, Japan Investment Corporation, Mizuho Capital, Mizuho Bank, Oriental Land Innovations, Sumitomo Mitsui Trust…

Tenity launches XRPL Accelerator in Singapore for early-stage startups building on the XRP Ledger

Switzerland-based venture capital firm Tenity has on Tuesday announced that it has become the first program partner of the XRP Ledger (XRPL) Accelerator in Asia Pacific with the launch of a Singapore-based cohort.

Singapore’s Integra Partners closes second fund at $90M

Singapore-based early-stage venture fund Integra Partners (Integra), has on Thursday announced the final close of its second fund Integra Partners Fund II LP (Integra Partners Fund II) at $90 million. This brings the total committed capital managed by the firm to over $140 million.

Indian venture capital firm Chiratae Ventures raises $122.5M for Growth Fund

Chiratae Ventures, India's largest homegrown venture capital fund, has successfully concluded the fundraising for its first Chiratae Growth Fund (CGF-I), raising INR 1001 cr ($122.5 million).

Japan’s GLOBIS Capital Partners closes Fund VII at $534M

Japanese venture capital firm GLOBIS Capital Partners (GCP) has announced the final closing of its Fund VII at 72.7 billion yen ($534 million).