Venture Capital
Gobi Partners appoints Carlo Chen-Delantar as new Head of ESG
Gobi Partners, the Malaysia and Hong Kong-based venture capital firm, has appointed Carlo Chen-Delantar as its Head of environmental, social, and governance ESG, to further advance the company’s ESG agenda. Carlo will replace its outgoing ESG Head, Paul Ark.
Australian entrepreneur Monique Conheady joins Wavemaker Impact as its Venture Partner in Australia
Wavemaker Impact, a Singapore-based climate tech venture builder, announced on Wednesday that Monique Conheady has joined as its new Venture Partner for Australia and New Zealand. With Monique leading its efforts in Australia and New Zealand, Wavemaker Impact intends to launch its first venture in the region next year.
Quest Ventures’ Michelle Ng on the role of accelerators in sustainable impact [ORIGIN Innovation Awards Q&A]
ESG and impact are starting to feature more strongly in investment evaluation and decisions. Investors believe that a strong social-environmental impact will eventually lead to sustained outsized profitability, rather than a scramble for strong short-term profitability that will fizzle out.
Securities Commission Malaysia revises venture capital and private equity framework
The Securities Commission Malaysia (SC) has enhanced its guidelines on the registration of venture capital (VC) and private equity (PE) corporations and management corporations (VC/PE Guidelines). The revisions took effect on November 28.
Hong Kong’s FWD partners Malaysia’s Artem Ventures to launch $10.22M fund
FWD Group Holdings Limited (FWD Group) has on Thursday announced the launch of TIM Ventures, a MYR45 million ($10.22 million) venture capital fund in collaboration with Artem Ventures, a Malaysia-based venture capital firm, to invest in emerging start-ups in the insurtech and Islamic fintech space in Malaysia.
South Korea’s BigBang Angels to establish global venture fund in Singapore with Farquhar Venture Capital
South Korean early-stage accelerator and venture capital (VC) Bigbang Angels (BBA) has on Thursday announced its formation of a global investment fund and deepens its footprint in South East Asia, by cementing its partnership with Singapore homegrown early-stage innovation ecosystem enabler, Farquhar Venture Capital (FVC).
SCB 10X launches Web3 collaboration hub for international community-building in Bangkok
SCB 10X, the venture investment arm of SCBX group, announced Thursday the launch of SCB 10X DISTRICTX, a physical space in the middle of Bangkok central business district (CBD) to build and foster world-class communities in blockchain and Web3.
Singapore’s Iterative closes $55M Fund II to back 100+ more companies
Iterative, a Singapore-based early-stage venture capital firm that also runs a YC-style accelerator, said Wednesday it has closed its second fund at $55 million to invest in startups across Southeast Asia.
