Microsoft co-founder's Vulcan Capital to deploy US$100m in venture funds across S-E Asia
Claudia Chong
Singapore
THE backer of tech big shots such as Uber, Spotify and Alibaba has waltzed into town brandishing a US$100 million war chest.
US-based Vulcan Capital - the multimillion-dollar investment arm of Vulcan Inc, founded by late Microsoft co-founder Paul G Allen - marked its first international expansion with the opening of its Singapore office on Monday. With opportunities abound in South-east Asia, the firm is looking to cut cheques ranging from US$1 million to US$10 million for startups in the seed to Series B stages.
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