Venture Capital

The United Nations Development Program (UNDP) and Trigger Asset Management (Trigger) have launched a partnership aimed at unlocking capital and strengthening support for startups and businesses advancing the Sustainable Development Goals (SDGs).

Cocoon Capital, a Singapore-based early-stage venture capital firms, has announced the first close of its third fund, Cocoon Capital Fund III, securing $30 million in commitments towards a target of $50 million.

Zoho Corporation, an India-based technology company, has announced a strategic partnership with Cradle Fund Sdn Bhd (Cradle), an early stage start-up influencer, to empower Malaysia’s startup ecosystem.

Bee Alternatives Management Ltd. (BAM), the equity holding company of Malaysia-based Bee Alternatives Limited (BAL), announced Wednesday that it has entered into a definitive agreement to acquire 100% of the shares in JAFCO Investment (Asia Pacific) Ltd. (JAFCO Asia) from JAFCO Group Co., Ltd. (JAFCO).

Over 4,300 startups onboarded, 17,000 individuals supported, and MYR 100+ million ($22.8 million) in investment secured last year, MYStartup Annual Report 2023/2024 showed Tuesday.

For Synagistics, its de-SPAC last October represented a strategic opportunity for the Singapore-based data-driven digital solutions provider. Co-founder Zanetta Lee said the listing gave it a platform to grow its business in both Southeast Asia and Greater China.

Clime Capital, the Singapore-based fund manager, has announced that the South East Asia Clean Energy Fund ll (SEACEF ll) has achieved maximum capitalization with $175 million committed.

Granite Asia, a multi-asset investment platform focused on technology, and Integral Corporation, Japan’s publicly listed private equity firm, have announced the formation of Granite-Integral, a joint venture designed to invest in high-growth companies with a strong Japan nexus.

The Philippine startup ecosystem is experiencing significant growth, with regional hubs expanding across the country, QBO Innovation said Monday.

Philippine-based early stage venture capital firm Kaya Founders has on Tuesday announced three new investments and two follow-on investments to start 2025, bucking the trend around Southeast Asia’s muted funding and dealmaking activities for early-stage companies over the past few quarters.