Venture Capital

Indonesia’s Alpha JWC Ventures banks on larger fund size as it scouts for opportunities in Southeast Asia

The firm, which has invested in several small and medium enterprises (SME) solutions companies, like GudangAda and UnaBrands, also believes that these firms will be the "next big trends" in the region.

True Global Ventures invests $25M into Web3 companies and blockchain

Singapore-based venture fund True Global Ventures 4 Plus (TGV4 Plus) Fund is investing about $25 million into the equity of five industry-redefining Web3 and blockchain. The fund focuses on three main verticals in Web3 which are infrastructure, financial services that are powered with blockchain and entertainment like play-to-earn games GameFi, metaverses,…

Southeast Asia’s Top 10 tech news in 2021

It’s that time of the year again when we take a look back at what had happened during the year in the tech and startup scene.

Malaysian securities regulator revises SPAC framework

The revised SPAC framework will take effect on Jan 1, 2022.

Singapore’s VC firm 1982 Ventures reaches first close of maiden fund at $12.5M

1982 Ventures announced the initial close of its first seed stage venture fund with $12.5 million in committed capital. The fund which is targeting to raise a total corpus of $15 million, is looking to invest in a total of 30 start-ups primarily in the fintech sector across Southeast Asia. Its first fund has been backed by US fintech unicorn Carta, Asia’s…

Indonesia to launch Merah Putih Fund worth $200M to support local ‘soonicorns’ – report

Erick said Indonesia has the potential to create more unicorns, 25 in his estimation.

Hong Kong venture accelerator Brinc closes $130M funding led by Animoca Brands

Brinc announced the closing of its $30 million Series B fundraise and a further $100 million for startup investments, led by Hong Kong unicorn Animoca Brands. The new capital will fuel Brinc’s global platform expansion across new locations and verticals – allowing more investors and corporate partners to leverage funds, accelerators and bespoke-deal…

Singapore skyline SGX SPAC

Singapore VC firm Golden Gate Ventures seeks $120M for new fund – report

Golden Gate's move comes at a time when Southeast Asia is attracting more investors into the region.

Enterprise Singapore and Latin Leap launch first market entry program to help Singapore tech startups expand and grow in Latin American market

Latin Leap and Enterprise Singapore (ESG) have launched the first market entry programme to help tech startups in Singapore to have greater access to business and partnership opportunities in Latin America. The Leap2LatAm programme aims to connect tech startups in Singapore with potential customers, multipliers, and joint venture partners in Latin America…