VENTURE CAPITAL

Indonesia's Alpha JWC Ventures closes US$123m tech fund

[SINGAPORE] Alpha JWC Ventures, an Indonesian firm co-founded by a former banker turned venture capitalist, has closed its second fund at US$123 million.

Interview - Eugene Wong, Founder and MD, Sirius Venture Capital

IN THE NOT-TOO-DISTANT future, Eugene Wong envisions Singaporeans eating nasi lemak with crispy deep-fried grasshoppers instead of ikan bilis.

New trade group of startup investors who don't focus on flipping

[NEW YORK] Attracting venture capital (VC) has rarely been easier for well-connected tech guys in hoodies, but it's still a long shot for everyone else.

Tech startups finding few takers from private equity - for now

PRIVATE equity firms here don't seem ready to invest in the newfangled tech startups that their venture capital counterparts usually target, but this could change down the road as these startups...

Indonesia's startup scene exploding, but exits are another story

IN A neighbourhood nestled within South Jakarta, 37-year-old Romana operates a small roadside kiosk selling prepaid mobile credit and phone accessories.

Thai bank targets US$1b spinoff among its fintech units

[BANGKOK] Siam Commercial Bank Pcl plans to spin off some of its fintech divisions as it tries to monetise its push into technology investment at a time of sluggish earnings from traditional...

Spotify-backer Northzone raises US$500m for new investments

[LONDON] Venture capital (VC) firm Northzone said it raised US$500 million to create its ninth fund for investing in startups across Europe and the US, following lucrative early bets on companies...

For start-ups, cash is king. Again

SAN FRANCISCO (NYTIMES) - Mark Frank, who runs a health technology start-up called SonderMind, had planned to wait until the end of 2020 to raise more money for his company.

Asia Partners banks on 'Golden Age' from rising affluence of the middle class

THRONGS of firms have sprung up to follow the scent of South-east Asia's burgeoning startup scene. Asia Partners, one of the new investors in town, wants to capitalise on what it calls the "Golden...

ESG's venture arm SEEDS S$140m in funds over three years

SINGAPORE-BASED venture capital (VC) firm Wavemaker Partners might now be known as one of the handful of VCs specialising in deep tech, but it might have turned out differently had it not taken...