Venture Capital

The Southeast Asian fund will start expanding its investment mandate and investing more into countries like Vietnam, and the Philippines.

Antler continues to invest in its portfolio companies as they scale. The firm has a global network of over 600 expert advisors, and an online platform of resources, tools and supports its portfolio companies with introductions to global investors, hands-on assistance with new market entry, and access to a global network of expert advisors.

The fund will have an Asia Pacific predominance, due to Draper Startup House International having Singapore as its headquarters. Its reach potential, the firm said, includes 60 countries and 30 industries already represented on the company’s platform.

Shoplinks will use the funds to strengthen its foothold in Indonesia before expanding into other Southeast Asian markets. Additionally, the funds will be used to grow its team and invest more in product development.

Solarvest will assist in further fundraising and other grant applications that are relevant and help the company get connected by leveraging its extensive business network.

There have been lots of winners and losers from the pandemic. Initially, service sectors such as retail, real estate, hospitality, and travel took the initial blows. But I think it’s interesting the hardest hit industries are now at the forefront of innovation given they were facing existential events.

Orca Security will leverage Temasek’s investment portfolio and global network to deepen its penetration into the Asia Pacific (APAC) region and beyond, and into key industries such as telecom, financial services, transportation, consumer goods, and more.

The Hibiscus Fund is targeting a final close at $80 million to $100 million.

The Jakarta-based startup has reached a valuation of $1 billion after raising $153 million in a financing round led by DST Global.

The new funds will boost Techxila Fund I’s investments in early-stage tech companies across Pakistan.