Venture Capital

Singapore’s Aera VC raises $30M for climate breakthroughs

Aera VC announced Monday a $30 million first close of its new fund investing in startups accelerating the planet toward a sustainable future. The new climate-focused fund is launching with a portfolio of global climate stars including Houston-based chemical decarbonisation firm Solugen, as well as Shiok Meats (Singapore), Carbon Chain (London), Noya and…

Malaysia’s drone tech hub ambition: Opportunities & Challenges [Part 1]

In this first part, we briefly look into the opportunities awaiting Malaysia drone tech startups.

Indonesia’s AC Ventures appoints venture capital veteran Helen Wong as Senior Advisor and Venture Partner

Indonesian venture capital firm AC Ventures announced Monday that venture capital veteran Helen Wong has joined as the fund Senior Advisor and Full-Time Venture Partner.

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…

Japan’s Mizuho Bank leads neobank Tonik’s $131M Series B

Mizuho Bank, one of Japan's largest banking groups, is the latest big backer of Philippine digital bank Tonik, leading its $131 million Series B round of funding.

Japanese VC firm Genesia Ventures raises $90M in first close of third fund to invest in Japan, SE Asia

Genesia Ventures announced the first close of its new fund, Genesia Venture Fund 3 Investment Limited Partnership, with a total amount of approximately $90 million. Similar to the first and second funds, the third fund is focused on investments in pre-seed and seed stage startups in Japan and Southeast Asia (SEA),

Resilience, adaptability & speed to scale are essential in navigating today’s business challenges, says Quest Ventures’ James Tan [ORIGIN Innovation Awards Q&A]

"More VCs in the medium and long-term with bigger war chests. This would mean more funds to deploy and the ability to grow the startup ecosystem more rapidly."

Singapore skyline SGX SPAC

Singapore’s Blockchain Founders Fund announces first close of $75M venture fund

Singapore venture capital (VC) fund Blockchain Founders Fund (BFF) announced Thursday the principal close of its $75 million BFF II. Some of the notable investors participating in BFF II include NEO Global Capital (NGC), Appworks, Sebastien Borget COO of The Sandbox, GSR, LD Capital, Metavest Capital, TechMeetsTrader, Zipmex, Baksh Capital, Octava, Aria…

Malaysian venture capital firm 1337 Ventures launches new $290,000 fund for Malaysian startups

1337 Ventures announced a new MYR1.2 million ($290,000) 1337 Accelerator Fund I to invest into promising early-stage Malaysian startups.The new fund is open to seed-stage startups across any industry, from fintech, edtech to healthtech,