Venture Capital

Indonesia’s Open Labs launches $100M fund to invest in e-commerce sellers

The fund will invest in high-potential businesses and help them grow online, scale operations and become great consumer brands. Touted as the biggest fund among brand aggregators in Southeast Asia, the fund will focus specifically on investing in and providing operational support for e-commerce sellers, initially in Indonesia.

Malaysian investment firm Kenanga Investors launches fund to invest in tech firms

The fund aims to invest primarily in equity securities of global cutting-edge, innovative companies with long-term sustainable growth potential, are on the cusps of initial public offerings, and have or will develop products and services that are linked to technologically-driven innovations. The fund also aims to further bridge the gap between retail…

Temasek launches $3.34B investment platform to support businesses with regional or global aspirations

65 Equity Partners seeks to partner with fundamentally sound and well-managed businesses with clear growth strategies over the long term. It will invest across industries with strong structural tailwinds, such as consumer, industrial and business services, logistics, healthcare, and technology, underpinned by committed owners and management teams. 65 Equity…

White Star Capital raises $360M for third fund, will open an office in Singapore

White Star Capital has secured $360 million for its third flagship fund, above its original target of $300 million, to invest in exceptional entrepreneurs building ambitious, global businesses.

500 SEA expects more unicorns in Southeast Asia following successful exits like Grab, Bukalapak

The Southeast Asian fund will start expanding its investment mandate and investing more into countries like Vietnam, and the Philippines.

Singapore VC firm Antler raises over $300M to expand investment focus, will invest up to Series C

Antler continues to invest in its portfolio companies as they scale. The firm has a global network of over 600 expert advisors, and an online platform of resources, tools and supports its portfolio companies with introductions to global investors, hands-on assistance with new market entry, and access to a global network of expert advisors.

Draper Startup House Ventures launches first global fund, aims to create 1M entrepreneurs by 2030

The fund will have an Asia Pacific predominance, due to Draper Startup House International having Singapore as its headquarters. Its reach potential, the firm said, includes 60 countries and 30 industries already represented on the company’s platform.

Shoplinks raises $900K seed fund led by Cocoon Capital

Shoplinks will use the funds to strengthen its foothold in Indonesia before expanding into other Southeast Asian markets. Additionally, the funds will be used to grow its team and invest more in product development.

Malaysia-based Solarvest launches startup program focusing on RE, green tech, FinTech

Solarvest will assist in further fundraising and other grant applications that are relevant and help the company get connected by leveraging its extensive business network.

Legendary Ventures’ Jayson Kim on investing in SpaceX, transformative tech, and corporate innovation [Podcast Q&A]

There have been lots of winners and losers from the pandemic. Initially, service sectors such as retail, real estate, hospitality, and travel took the initial blows. But I think it’s interesting the hardest hit industries are now at the forefront of innovation given they were facing existential events.