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Chinese tech billionaire invests S$5m in Singapore VC fund

Tembusu ICT Fund I is said to be the only one here investing solely in software startups

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Published Wed, Nov 23, 2016 · 09:50 PM

    Singapore

    CHINESE tech billionaire Pang Shengdong is investing S$5 million in Singapore's Tembusu ICT Fund I - a S$70 million venture capital (VC) fund run by Tembusu Partners, The Business Times has learnt.

    The fund is said to be the only venture capital fund in Singapore investing solely in software startups.

    Deep techVenture capital

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