Venture Capital
News,Venture Capital,Indonesia
Tracxn : Indonesian tech startups funding declines 36 percent in first quarter
The Indonesia tech sector secured a total funding of $91.7 million in the first quarter of 2024 to date (till March 15, 2024), which is a drop of 36 percent from $143 million raised in the same period last year (till March 15, 2023). Tracxn said Thursday.
March 28, 2024
Tracxn : Vietnam tech startups funding fall 39 percent in first quarter
The Vietnam Tech ecosystem raised total funding of $35.7 million in the first quarter of 2024 to date (till March 15, 2024), which is a 39 percent decline from $58.6 million raised in the same period in 2023, Tracxn said Wednesday.
March 27, 2024
Tracxn : SEA tech startups see 13 pct decline in funding in first quarter
The Southeast East Asia (SEA) tech startup ecosystem secured a total funding of $816 million in the first quarter of 2024 to date (till March 15, 2024), the lowest-funded quarter in the past five quarters in the SEA tech sector, Tracxn said Wednesday.
March 27, 2024
News,SEA,Venture Capital,Singapore
HSBC launches $1B ASEAN Growth Fund; introduces Venture Debt Fund
Global lender HSBC has on Wednesday announced the launch of a $150 million Venture Debt offering in Singapore, and a $1 billion ASEAN Growth Fund, targeting new economy businesses.
March 27, 2024
Hang Seng Bank launches $4.22B SME Power Up Fund
Hong Kong-based Hang Seng Bank has on Tuesday unveiled the HKD 33 Billion ($4.22 billion) SME Power Up Fund, a strategic initiative to support the growth, cross-boundary development, and sustainable progression of Hong Kong's small and medium-sized enterprises (SMEs).
March 27, 2024
News,Venture Capital,Singapore
Golden Gate Ventures promotes Angela Toy to COO in strategic international expansion move
Golden Gate Ventures, a Singapore-based venture capital fund, has on Wednesday announced the appointment of Partner Angela Toy as its Chief Operating Officer (COO). This newly created position reflects Golden Gate Ventures' commitment to robust expansion and strategic leadership in startup ecosystems.
March 27, 2024
DNX Ventures raises $243M for two new Japan funds
DNX Ventures, a Japan and U.S.-based venture capital firm, has announced the final close of two new Japan funds, raising a total of approximately 36.5 billion yen (U.S. $243 million).
March 26, 2024
News,Venture Capital,Malaysia,Private Equity
Securities Commission Malaysia to launch 5-year MSME Roadmap to increase MSMEs capital market access
The Securities Commission Malaysia (SC) said Monday it will soon launch a five-year micro, small and medium enterprises (MSME) Roadmap, which aims to provide increased access to the capital market for MSMEs.
March 25, 2024
B Capital closes Opportunities Fund II at $750M
B Capital, a global multi-stage investment firm, has on Tuesday announced the close of B Capital Opportunities Fund II, L.P. (Opportunities Fund II) with aggregate capital commitments of $750 million, nearly doubling the size of its predecessor B Capital Opportunities Fund I.
March 20, 2024
News,Venture Capital,Philippines
Kaya Founders raises $18M in second close to support more Filipino entrepreneurs
Philippines-based venture capital firm Kaya Founders is targeting PHP1.4 billion ($25 million) across two new funds to invest in early-stage start-ups in the Philippines and Southeast Asia.
March 20, 2024