UOB's private equity arm co-leads US$31.2m Series A round

Singapore

UOB Venture Management, the private equity unit of UOB, has co-led a US$31.2 million Series A funding round for Bangkok-based fintech startup Lightnet.

The largest investors in the round were UOB Venture Management, Hanwha Investment and Securities, and Seven Bank. Other investors included Singapore-based Hopeshine Ventures, Signum Capital and Du Capital. Uni-President Asset Holdings and HashKey Capital rounded off the list of investors.