Venture Capital
Singtel to invest an additional $100M into innovative technology start-ups through Singtel Innov8
Singapore telecommunications firm Singtel announced Tuesday its plan to invest a further $100 million into Singtel Innov8, its corporate venture arm, raising its total capital commitment to $350 million. With the capital injection, Innov8 will further expand its portfolio of investments in Southeast Asia, United States, China, Israel and Australia.
KPMG-HSBC report spots 10 potential unicorns in Malaysia: here’s a closer look
A recent report published by audit and advisory firm KPMG and banking group HSBC has featured 10 potential unicorns in Malaysia that are poised to make a lasting impact on the global business landscape over the next decade. We take a closer look at these companies.
Singapore’s Insignia Ventures raises $516M for third fund
Singapore-based venture capital firm Insignia Ventures Partners announced Monday the close of its latest funds totalling $516 million. This includes $388 million for the main fund IVPF III, $28 million for an Entrepreneurs’ pool that invests alongside the main fund and Annex Fund I at $100 million. These funds will focus on early-stage technology…
Stripe and Saison Capital team up on new insights programme for Southeast Asia’s startups
Singapore-based venture capital firm Saison Capital will be introducing to its portfolio companies a new insights program in collaboration with Stripe, a United States and Ireland-based financial infrastructure platform for businesses.
Alpha Startups™ Digital Accelerator Seeks Next-Gen Early-Stage Startups in Malaysia
New startup ideas and business models are key engines of economic growth. They not only create new jobs but also foster competitiveness and innovation, which is why the Malaysian government’s MyDIGITAL initiative is looking to attract two unicorns and launch 5,000 startups in the next five years.
B Capital closes $250M early-stage fund dedicated to building the economy of the future
B Capital, a global multi-stage investment firm, announced Wednesday the $250 million close of Ascent Fund II (Ascent), its first dedicated early-stage fund.B Ascent invests in pre-seed through series A rounds globally, with an emphasis on the United States and Asia.
East Ventures appoints Avina Sugiarto as Partner
East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 200 companies in Southeast Asia, announced Monday the appointment of Avina Sugiarto as a Partner at the firm.
ScaleUp Malaysia seeks to invest $1 million in ten startups
Growth stage accelerator ScaleUp Malaysia said Thursday it will invest a total of $1 million in ten startups in its 2022 Cohort which will officially start in the fourth quarter of 2022. It has increased its investment in its startups to $100,000 per company, making it one of the largest cheque sizes from an accelerator in Southeast Asia.
East Ventures remains bullish on Indonesia & Southeast Asia despite headwinds
In the exclusive interview, Cuaca also shared his views on the overall tech ecosystem in Indonesia, startups’ valuation and the firm’s exit strategy.
Women in tech: How these VCs are helping to close gender gap in Southeast Asia
We talked to several venture capital (VC) firms in the region to learn more from their perspectives about gender gap in the tech ecosystem. We sought for their thoughts on gender lens investing and asked for their suggestions on how female tech entrepreneurs can improve further, addressing their challenges in the male-dominated tech startup ecosystem.
