Venture Capital
AC Ventures’ Adrian Li says Indonesia’s the most compelling market to invest in ASEAN [Q&A]
Last month, AC Ventures had closed its Fund III with over $205 million in committed capital.
Alpha JWC forecasts Indonesia will produce at least 10 more unicorns by 2025
Alpha JWC Ventures forecasts that Indonesia will produce at least 10 more unicorns by 2025. The VC firm saw four unicorns from its portfolio in 2021, with 14 companies valued between $500 million to $1 billion, buoyed by global investors’ interests and the strong performance of Indonesia’s tech sector. In the fourth quarter of last year, the VC firm also…
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…
