Venture Capital
Asia Partners closes its inaugural fund for Southeast Asia startups at $384M
Singaporean growth equity firm Asia Partners has closed its inaugural fund, Asia Partners I LP, at $384 million. This is the largest debut technology fund that will focus on investments in growth-stage startups in Southeast Asia.
AppWorks targets $150M Fund III to provide support for more startups across Taiwan and Southeast Asia, already raising $114M so far
With its Fund III, AppWorks is now stocking up on marketing securities to make more investments in sectors such as artificial intelligence, Internet of Things, blockchain, and decentralized finance.
Eurazeo to allocate 40% of $97M Smart City II Fund for energy, mobility, property, & logistics investments in SEA & China
The new fund will continue to invest in companies seeking to address the challenges brought about by . The fund will mainly look at investing in energy, mobility, proptech, and logistics industries from around the world.
500 Startups’ Global Launch Program opens to Singapore and US startups for 3rd batch
The program will provide access to 500 Startups mentors and founders who have significant business experience in the Southeast Asian Region and in the US. Qualified startups will also have access to the firm’s extensive network of investors.
What’s ahead? Southeast Asia startup and venture capital ecosystems 2021
Firms that introduce disruptive technologies in the tailwind industries such as Digital Wallets, Virtual Worlds, and New Retail are poised to thrive, as their solutions will continue to unlock new growth opportunities in existing markets and/or create new markets.
German early-stage tech investment firm Picus Capital eyes Asian focus starting 2021
Munich-based investment company Picus Capital is set to increase its investments across Asia. The company plans to invest up to $75 million in Asian startups in the next three to five years. This amount represents a 25 percent share of the total $250 million to $300 million the firm will be investing.
Malaysia private equity firm Creador plans $650M fifth fund by March 2021
Malaysian private equity firm Creador is reportedly planning to launch its fifth fund by March 2021 and is targeting a fund size of $650 million. Focusing on growth capital investments, Creador primarily targets companies in Malaysia, India, Indonesia, Vietnam, Singapore, and the Philippines.
