XA Network partners Vertex, invests in fund

Singapore

XA NETWORK, an angel investment circle made up of executives from global tech firms, has struck up a strategic partnership with Vertex Ventures and invested in Vertex's fourth South-east Asia and India fund, which closed at a record US$305 million.

XA will provide support to Vertex's portfolio companies through its deep-tech expertise and networks. In return, the partnership will allow XA to gain insights from an experienced investor.

The limited partner commitment by XA marks the first time the network is investing in a venture capital (VC) fund, said Marek Dawidowicz, an XA member and head of creator marketing at YouTube Asia-Pacific. More recently, XA…

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