Venture Capital

Indonesia President Jokowi to launch VC fund backed by state-owned firms – report

State-owned companies will be directed to help with this new funding.

Malaysia’s MAVCAP launches two new tech-focused venture capital funds, targets total fund size of $35.83M

The two VC Funds will provide equity funding to startups with strong growth potential in Malaysia and other Southeast Asian markets, focusing on verticals such as Artificial Intelligence, Fintech, Healthtech, Greentech, Industrialtech, Internet of Things and EdTech.

Malaysia’s Sunway Group and Indonesia’s Kejora Capital launch $25M fund to support early-stage Malaysian startups

Orbit Malaysia will actively invest in Series A, industry-leading companies operating in the FinTech, AgriTech, eCommerce, EdTech and HealthTech sectors, and will invest not only in Malaysian startups, but also significantly in other high-growth Southeast Asian startups.

Japan’s Olympus Corporation launches $50M venture capital fund to strengthen MedTech leadership

Olympus Corporation has announced the establishment of Olympus Innovation Ventures to invest in pioneering startups with innovative technologies that improve clinical outcomes, reduce healthcare costs and enhance the quality of life for patients.

Philippine tech ecosystem poised to grow further with more investments & gov support – report

Funds raised by startups in the Philippines during the first ten months of 2021 almost exceed the total amount funds raised from 2017 to 2020.

Microsoft partners She Loves Tech to unlock $1B in capital for women entrepreneurs in Asia

Microsoft Asia has partnered with She Loves Tech to unlock $1 billion in capital for women-led businesses by 2030. The partnership will see Microsoft support an Azure-powered digital platform to facilitate connections at scale between women entrepreneurs, venture capitalists and angel investors from around the world.

Singapore early-stage venture capital firm Antler aims to invest in 100 startups in Indonesia

Antler plans to invest in at least 100 companies in Indonesia over the next 4 years, with the first Indonesia investments to be made in early 2022. It has launched in Indonesia to enable more entrepreneurs to build startups and raise funding with the support of the global Antler and take advantage of the unique ecosystem and opportunties across Indonesia.

Malaysia’s Penjana Kapital partners Indonesia’s AC Ventures to pave way for Malaysian start-ups to access $1T Indonesian market

AC Ventures has partnered with Translink Capital and Vertex Force to invest in Dana Penjana Nasional’s Southeast Asia (SEA) Frontier Fund focused on funding promising Malaysian start-ups to, among others, expand into Indonesia and form partnerships within the regional technology ecosystem.

Indonesia’s Alpha JWC Ventures closes $433M Fund III, the largest early-stage fund in Southeast Asia

Alpha JWC Ventures has closed an oversubscribed third fund, at $433 million, securing its place as Southeast Asia’s largest VC fund targeting early-stage companies. The fund saw strategic investment from global and regional Limited Partners and investors, including World Bank’s International Finance Corporation and Morgan Stanley Alternative Investment…

Aqua-Spark invests in sustainable aquaculture that generates returns while creating positive social & environmental impact [Podcast Q&A]

Aqua-Spark is a global investment fund (Utrecht, the Netherlands) that makes investments in sustainable aquaculture businesses that generate investment returns while creating positive social and environmental impact. The fund invests in enterprises that are working towards the production of safe, accessible aquatic life, such as fish, shellfish, and plants,…