Jubilee unveils US$100m kitty for Series A startups
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A NEW US$100 million fund has been unveiled for Series A-stage startups in Singapore.
Managed by new venture-capital player Jubilee Capital Management, it will target startups in consumer tech, enterprise software, fintech and the Internet of Things. The Singapore-based fund, which will also target startups in South-east Asia, China, Israel and the US, will make investments over the next five years, with each investment to be valued at between US$500,000 and US$2.5 million.
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