Venture Capital

Following the success of its debut $90 million fund in 2019, Singapore-based venture capital firm Genesis Alternative Ventures has launched its second venture debt fund to raise $150 million to finance start-ups across Southeast Asia. Almost half the fund was raised at first close earlier this month.

Taiwan-based venture capital firm Cherubic Ventures announced Thursday the successful completion of its Fund V at $110 million, with a total of over $400 million in committed capital under management.

Pan-Asian venture capital firm Gobi Partners announced Wednesday it has appointed Gui Ee Leen as its Human Resources Partner.In this newly created role, Ee Leen alongside Gobi’s Asean Human Resources (HR) team will be responsible for the company’s HR strategy including recruitment and employee retention programmes with a focus on gender diversity and…

Malaysia Venture Capital Management Berhad (MAVCAP) on Monday announced the appointment of Noor Amy Ismail as Chief Operating Officer (COO) and Paramjit Singh Gill as Chief Investment Officer (CIO), effective August 1.

Web3 leading incubator Icetea Labs announced Monday the creation of its inaugural Web3 accelerator program in conjunction with Polygon, one of the top blockchain development platforms offering scalable and sustainable blockchains and Alpha Venture DAO, the leading Web3 venture builder and incubator in Southeast Asia.

In the interview, Lomnitz shared the challenges Xpdite faces when it invests in seed-stage startups and how they manage risks. He also shared his views on the startup ecosystem in Southeast Asia and gave several suggestions for the tech ecosystem to improve.

Ethical and Islamic investment, and social finance platform operator Ethis Group has on Tuesday re-launched the Ethis Super Angel (ESA), rebranding it as the ESA Syndicate this year. Initially started as a network within the Ethis community in 2020, ESA is a private group of angel investors from across the globe that invests in Shariah-compliant startups…

Southeast Asia, in general, sees more consumers purchasing cross-border goods as digital platforms become more mainstream. This trend has attracted more investment dollars into the supply chain industry, due to the integral role of technology in scaling logistics infrastructure to support growing consumer and SME demand.

The world’s largest startup competition and accelerator program for women-led and women-impact tech startups has returned for its 8th year, operating in over 60 countries.

Singapore telecommunications firm Singtel announced Tuesday its plan to invest a further $100 million into Singtel Innov8, its corporate venture arm, raising its total capital commitment to $350 million. With the capital injection, Innov8 will further expand its portfolio of investments in Southeast Asia, United States, China, Israel and Australia.