Vynn Capital, a new entrant to Southeast Asia’s startup ecosystem, is gearing up to close its maiden fund after it landed an undisclosed sum from Malaysia Venture Capital Management Bhd (MAVCAP) as one of its anchor LPs. Founded by former Gobi Ventures VC Victor Chua and Singaporean investor Darren Chua (no relation) one year ago, […]
View More Vynn Capital snags investment from Malaysia’s MAVCAP for its maiden Southeast Asia fundCategory: golden gate ventures
TNB Aura closes $22.7M fund to bring PE-style investing to Southeast Asia’s startups
TNB Aura, a recent arrival to Southeast Asia’s VC scene, announced today that it has closed a maiden fund at SG$31.1million, or around US$22.65 million, to bring a more private equity-like approach to investing in startups in the region. The fund was launched in 2016 and it is a joint effort between Australia-based venture fund Aura […]
View More TNB Aura closes $22.7M fund to bring PE-style investing to Southeast Asia’s startupsKorean AI startup Skelter Labs lands strategic investment to expand to Southeast Asia
Korean AI startup Skelter Labs is expanding to Southeast Asia after it pulled in undisclosed funding from Singapore-based VC firm Golden Gate Ventures. Skelter Labs was founded in 2015 by founded by Ted Cho, the former engineering site director at Google Korea. It started out developing apps and services that made use of AI but then […]
View More Korean AI startup Skelter Labs lands strategic investment to expand to Southeast AsiaRide-hailing startup Shohoz raises $15M to build the Grab of Bangladesh
Uber may be global but it is very much the alternative in some parts of the world. One such place is Bangladesh — the South Asian country that’s home to 160 million people — where local rival Pathao is backed by Go-Jek and recently raised $10 million. Now Pathao’s closest rival, Shohoz, has also pulled in […]
View More Ride-hailing startup Shohoz raises $15M to build the Grab of BangladeshEight Roads Ventures targets Southeast Asia deals
Eight Roads Ventures, the investment arm of financial giant Fidelity International, is moving into Southeast Asia where it sees the potential to plug the later stage investment gap. The firm has funds across the world including the U.S, China and Europe, and it has invested nearly $6 billion in deals over the past decade. The firm […]
View More Eight Roads Ventures targets Southeast Asia dealsGolden Gate Ventures closes new $100M fund for Southeast Asia
Singapore’s Golden Gate Ventures has announced the close of its newest (and third) fund for Southeast Asia at a total of $100 million. The first hit a first close in the summer, as TechCrunch reported at the time, and now it has reached full capacity. Seven-year-old Golden Gate said its LPs include existing backers Singapore […]
View More Golden Gate Ventures closes new $100M fund for Southeast AsiaStealthy Singapore VC firm Qualgro is raising a $100M fund
Southeast Asia’s venture capital space is booming right now. Openspace Ventures just announced the close of its newest $135 million fund, Golden Gate Ventures hit the first close on its upcoming $100 million vehicle, and a third Singapore-based fund is also raising big right now: Qualgro. Unlike others, Qualgro has operated relatively under the radar to […]
View More Stealthy Singapore VC firm Qualgro is raising a $100M fundSingapore’s Openspace Ventures closes new $135M fund for Southeast Asia
It seems like everyone is out there raising new funds in Southeast Asia. Weeks after we reported Golden Gate Ventures hit a first close on its third fund aimed at $100 million, so Openspace Ventures — the Singapore-based firm formerly known as NSI — has announced a final close of $135 million for its second […]
View More Singapore’s Openspace Ventures closes new $135M fund for Southeast AsiaEthereum’s falling price splits the crypto community
Hello And Welcome Back To The Latest Edition Of All The Cryptos Are Getting Rekt Right Now. Crypto bloodbaths have become fairly common in 2018 — mainly because of the insane growth in 2017 — but we’ve not covered them all because they are so numerous and often include so-called ‘flash crashes’ or small drops, but […]
View More Ethereum’s falling price splits the crypto communitySingapore’s Golden Gate Ventures announces a $10M fund for crypto deals
VCs around the world are trying to wrap their head around crypto, and the new investment paradigm it brings. Some have made one-off deals but a few have jumped in off the deep end with dedicated crypto funds, with A16z in the U.S. the most prominent example. Now Singapore has its first from the traditional […]
View More Singapore’s Golden Gate Ventures announces a $10M fund for crypto dealsGolden Gate Ventures hits first close on new $100M fund for Southeast Asia
One of the fascinating things about watching an emerging startup ecosystem is that it isn’t just companies that are scaling, the very VC firms that feed them are growing themselves, too. That’s perhaps best embodied by Golden Gate Ventures, a Singapore-based firm founded by three Silicon Valley entrepreneurs in 2011 which is about to close a […]
View More Golden Gate Ventures hits first close on new $100M fund for Southeast AsiaNaspers is in talks to invest in Southeast Asia’s Carousell
Naspers, the South Africa-based firm that famously backed Chinese giant Tencent in its infancy, is in talks to invest in Singapore-based startup Carousell, according to two sources with knowledge of discussions. Carousell offers a mobile app that combines listings with peer-to-peer selling across Southeast Asia, Taiwan and Hong Kong. That makes it well-aligned with Naspers’ portfolio, […]
View More Naspers is in talks to invest in Southeast Asia’s Carousell