S'pore sees jump in venture capital fund-raising
Investors putting money into the region's venture firms as they seek opportunities beyond the US and China; govt also providing incentives to attract entrepreneurs
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Singapore
SINGAPORE is experiencing a surge in venture capital fund-raising, reflecting growing interest in South-east Asia's startups.
This month, Vertex Ventures and two other venture-capital firms completed fund-raising efforts in the city, each with their largest fund yet. In September, East Ventures, which made early bets on successful startups like Tokopedia and Traveloka, raised US$30 million that will go towards seed capital and early-stage financing.
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