Venture Capital

Singapore’s Genesis Alternative Ventures raises $125M for second venture debt fund

Singapore-based venture capital firm Genesis Alternative Ventures has raised total commitments of $125 million for its second Southeast Asia-focused venture debt fund.

Malaysia’s Cradle and Invest India form strategic alliance to strengthen startup ecosystems in both nations

Cradle Fund Sdn. Bhd. (Cradle), the government agency for Malaysia’s startup ecosystem, and Invest India, an investment promotion and facilitation agency under the Government of India, have formed a strategic alliance to strengthen startup ecosystems in both nations.

Tracxn : HealthTech, EdTech, and blockchain lead the pack with 5-year funding contributions in Southeast Asia

HealthTech, EdTech, and blockchain has led the pack with 5-year funding contributions in Southeast Asia (SEA), Tracxn said Wednesday.

Singapore’s EDB commits additional funding of $25M; facilitates partnerships with startups

The Singapore Economic Development Board (EDB) is committing S$32 million ($24.57 million) in fresh funds over the next two years to continue driving corporate venturing in Singapore.

Philippine government’s SCALE NCR launches roadmap to boost Metro Manila’s startup ecosystem

The Strategic and Collaborative Alliance for Leveraging Ecosystems of Startups - National Capital Region (SCALE NCR), a consortium established by the Department of Science and Technology (DOST) of the Philippines, has launched key initiatives to drive innovation and accelerate startup growth in Metro Manila.

Cradle partners VentureTECH to bridge funding gaps in Malaysia startup ecosystem

Cradle Fund, the focal point agency for Malaysia’s startup ecosystem, and VentureTECH, an impact investment company established by the government of Malaysia, have entered into a strategic collaboration aimed at fostering structured discussions between fund providers across government and private sectors.

Antler closes $72M SEA Fund II to double down on SEA startups

Antler, a Singapore-based early-stage venture capital firm, has on Tuesday announced the $72 million close of its second Southeast Asia fund, Antler SEA Fund II. The new Fund will continue investing in early-stage tech-enabled companies in Southeast Asia with pre-launch, pre-seed, and seed capital.

P&G partners QBO Innovation to launch vGrow SHOWQASE in the Philippines to boost startup ecosystem

Procter & Gamble (P&G) Philippines has forged a strategic partnership with QBO Innovation to launch the first-ever vGrow SHOWQASE in the Philippines aimed at harnessing the untapped potential of the Philippine startup ecosystem and finding innovative partners who share P&G’s vision for sustainable growth and serving Filipino consumers.

MYStartup launches Pre-Accelerator Cohort 4 with 30 promising startups

MYStartup, in collaboration with WatchTower and Friends, has on Wednesday announced the selection of 30 high-potential startups for the MYStartup Pre-Accelerator Cohort 4.

EDBI and SEEDS merge to form SG Growth Capital to bolster Singapore’s efforts in building innovative enterprises in Singapore

Singapore-based global investor EDBI and SEEDS Capital (SEEDS) will be merged to form a new government investment entity called SG Growth Capital Pte Ltd.