Venture Capital
East Ventures raises $550M multi-stage fund to focus on Indonesia and Southeast Asia startups
Indonesia-focused venture capital firm East Ventures has raised a total of $550 million in the final close of its latest fund. Headquartered in Singapore and founded in 2009, East Ventures has transformed into a holistic platform that provides multi-stage investment, including Seed and Growth for over 200 companies in Southeast Asia.
SC Ventures and SBI Holdings sign MOU to speed up portfolio expansion and build ecosystems
SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, announced that it had entered into a memorandum of understanding (MOU) with SBI Holdings, Inc. SC Ventures aims to expand their portfolio at a business and geographic level and to explore new ecosystems through this partnership.
India’s 9Unicorns announces fifth closure of its maiden fund at $100M
9Unicorns, an India-based early-to-growth stage accelerator fund, on Sunday announced the fifth closure of its maiden fund at $100 million. The company plans to invest $500,000 to $1 million in the idea stage and, up to $2 million in high-growth stage Series C and above startups this year with a focus on DeepTech, Enterprise SaaS, Web 3.0, FinTech, Media,…
Singapore’s Resolution Ventures announces first close of $20M Southeast Asia FinTech fund
Resolution Ventures, a Singapore-based venture capital firm, announced Wednesday the first close of its $20 million Southeast Asia-focused Fintech fund, Resolution Fintech Fund I. With its inaugural fund, Resolution Ventures is committed to backing the most promising founders in Southeast Asian Fintech, building solutions that have local, regional, and…
US-based MassMutual Ventures announces new $300M fund for Europe & APAC
United States-based MassMutual Ventures (MMV) announced Wednesday that its Asia-Pacific (APAC) and Europe team has launched a new fund of $300 million to invest in early and growth-stage companies in digital health, financial technology, enterprise software as a service (SaaS), and cybersecurity.
Singapore’s Venturi Partners hits final close of $175M in maiden fund
Venturi Partners, a Singapore-based investment platform that empowers audacious brands in India and Southeast Asia, announced Tuesday that its maiden fund has hit its final close of $175 million. The platform has raised commitments from large European Union and Asian family offices, such as Peugeot Invest, Ackermans & Van Haaren and Frederic De Mevius,…
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.
