Asean-focused VCs face fund-raising challenges: report
Despite US$1.33b raised in Q1 2020, VCs seeing "dramatically changed" risk appetites: DealStreetAsia
Singapore
VENTURE capital (VC) firms focused on South-east Asia have raised US$1.33 billion in capital commitments in the first quarter of 2020, more than triple from the same period a year ago, according to a report by deal news outlet DealStreetAsia.
However, Q1's fundraise also represents a sharp cooling down from the US$2.5 billion in funds raised in Q4 2019. This marks the end of a four-quarter streak of quarter-on-quarter growth in funds raised by the South-east Asia-focused VCs.
TRENDING NOW
UOB found ‘grossly negligent’ over Stamford Land rights issue advice, to pay S$1.9 million
MAS allocates S$1.45 billion to five asset managers in third EQDP batch: Chee Hong Tat
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
NoMad Singapore marks brand’s arrival in Asia
