New Asia Fund X targets early-stage growth companies in South-east Asia

VETERAN venture capital investor Jeffrey Seah has launched a new fund, Asia Fund X (AFX), targeting early-stage growth startups that are on the cusp of expanding into multiple markets in South-east Asia.

“I felt that the early-growth-stage startups lacked support in South-east Asia, and many struggle with it,” he said.

Rather than being parked under Quest Ventures, where Seah runs Asia Fund II, the new fund is parked under MSW Ventures, his new business.