Venture Capital
Gobi Partners and Ozora Venture launch first $10M seed fund for women startups in Indonesia
Venture capital (VC) firms Gobi Partners and Ozora Yatrapaktaja (PT Mega Ozora Venture) are partnering together to launch a $10 million seed fund for women start-ups in Indonesia, called the Ratu Nusa Fund. Focusing on health tech, e-commerce/social commerce, future of work/education, prop tech, enterprise/SME tech and fintech, the Ratu Nusa Fund will be…
Quest Ventures and raiSE launch accelerator for socially impactful enterprises
Quest Ventures and the Singapore Centre for Social Enterprise (raiSE) said Tuesday they have launched Asia’s first venture capital-backed accelerator programme to provide financial and non-financial support to seed-stage start-ups in the sustainable impact sector, aimed at improving competencies and providing access to regional and global markets.
Indonesia’s Alpha JWC Ventures deploys over $100M investments from its third fund
Indonesia-based venture capital firm Alpha JWC Ventures announced Tuesday a strong first quarter showing as the company witnessed record portfolio growth with 30 new signed deals from its Fund III - with over $100 million deployed.
Malaysia’s private equity and venture capital funding up 26.75% to $3.52B in 2021
Malaysia's total committed funds for private equity and venture capital rose 26.75 percent to MYR14.83 billion ($3.52 billion) in 2021 from MYR11.7 billion ($2.78 billion) in 2020, according to Securities Commission Malaysia's (SC) 2021 annual report revealed on Monday.Total committed funds under management for private equity increased to MYR9.65 billion…
Startup fundraising: Can you have your cake and eat it too?
Reflecting back on Singapore’s startup ecosystem, we dive into the more popular means of how startups seek financing and how new alternatives such as venture debt and revenue-based financing have become more prominent in recent years.
East Ventures becomes Indonesia’s first venture capital firm to sign UN Principles for Responsible Investment
East Ventures has officially become a UN Principles for Responsible Investment (UN PRI) signatory as part of its commitment to creating responsible and sustainable investment and ownership decisions. It becomes Indonesia's first venture capital firm listed as a signatory; which further strengthens its belief that the implementation of the environmental,…
Japan’s MUFG Bank to invest $300M in Indian startups
MUFG Bank plans to invest $300 million in Indian startups through the new MUFG Ganesha Fund. Through this fund, MUFG Bank will invest in middle- to late-stage Indian startups. In the future, the bank will aim to leverage its group strengths to provide a wide range of financial services to its portfolio companies.
Singapore FinTech firm Cake DeFi launches $100M venture capital arm
Cake DeFi has launched Cake DeFi Ventures (CDV), its venture capital arm with $100 million in earmarked capital. CDV is looking to invest in technology startups in Web3, gaming and fintech – especially those in the metaverse, non-fungible token (NFT), blockchain and esports industries, that will bring synergistic value to Cake DeFi’s core business.
Malaysia’s RHL Ventures scouts opportunities in ESG, healthcare & financial sectors as it finalizes Hibiscus fund
“While these trends may not seem new, these themes have started gaining momentum in recent times,” the Malaysia-headquartered VC firm Co-founder and Co-Managing Partner Raja Hamzah Abidin told TechNode Global.
Wavemaker Partners closes fourth fund above goal at $136 million
Wavemaker Partners has closed its fourth fund at $136 million, making it the largest fund focused on early-stage (Seed/Pre-A) enterprise, deep tech, and sustainability startups in Southeast Asia. Surpassing its $120 million fundraising goal, Wavemaker's Fund 4 is 22 percent bigger than the previous fund ($111 million) that closed in October 2020. Fund 4…
