Venture Capital
Antler leads $5.1M Pre-Seed funding for 37 startups in SEA
Antler, the global early-stage venture capital firmbased in Singapore, has on Wednesday announced its largest pre-seed investment round to date, committing $5.1 million to 37 startups across Southeast Asia.
SoftBank Ventures Asia changes name to SBVA after closing $150M fund
SoftBank Ventures Asia is officially changing its company name to SBVA after closing $150 million fund. SBVA, through this fund, aims to actively discover early to mid-stage startups that capitalize on technological innovations in ICT, such as artificial intelligence (AI), robotics, and computing, and create new business opportunities.
Innoven Capital announces first close of second China fund at $130M
InnoVen Capital, an Asian provider of venture debt for high growth, venture-backed technology companies, has unveiled the launch of its second China fund — InnoVen China Fund II, a USD-RMB Dual Currency Fund. The fund targets a total size of $250 million, and an initial close of approximately $130 million has been completed.
Malaysian stock exchange partners SSM to launch platform to facilitate SMEs fundraising
Bursa Malaysia Berhad has on Thursday launched the SME X Platform in collaboration with the Companies Commission of Malaysia (SSM), to further support corporate fundraising and business investment opportunities.
MAVCAP invests in Vynn Capital’s Mobility and Supply Chain Fund
Malaysia Venture Capital Management Berhad (MAVCAP), Malaysia's largest venture capital firm, is investing as a limited partner in Vynn Capital's latest Mobility and Supply Chain Fund. This collaboration underscores MAVCAP's dedication to advancing technological frontiers in Malaysia and Southeast Asia.
AC Ventures raises $210M to back tech-enabled businesses in Indonesia and Southeast Asia
Indonesia-based venture capital firm AC Ventures has announced the final close of its fifth investment fund, ACV Capital V L.P. (ACV Fund V), totaling $210 million, including co-investment funds.
Study shows bearish funding forecasts prompt focus on profitability among Filipino startups in 2024
Filipino startup founders are pessimistic on funding climate in 2024, and are shifting focus to profitability, a study showed Thursday.
Gruhas joins hands with Collective Artists Network to create consumer fund
India-focused venture capital fund Gruhas has joined hands with new age media leader Collective Artists Network to create the Gruhas Collective Consumer Fund an initial investment fund of 150 Crore rupees ($18.29 million), dedicated to fostering innovative consumer brands.
Crunchbase: global startup funding in 2023 clocks in at lowest level in five years
A slower final quarter ended a lackluster year for global startup funding as venture capital investors continued to hold back in 2023, Crunchbase data showed Thursday. Global startup investment in 2023 reached $285 billion — marking a 38 percent decline year over year, down from the $462 billion invested in 2022.
Golden Gate Ventures expands global footprint with first regional MENA office in Saudi Arabia
Golden Gate Ventures, a Singapore-based venture capital fund founded by Silicon Valley natives, has on Monday announced the establishment of their first Middle East and North Africa (MENA) office in Saudi Arabia to strengthen ties between Singapore and MENA, and accelerate the development of the MENA startup ecosystem.
