As unicorns emerge, angels gather for the hunt
Investing clubs have sprung up for deep-pocketed but time-starved investors looking to gather some fairy dust from South-east Asian unicorns
Add BT as a preferred source
Singapore
THE emergence of South-east Asian "unicorns" has fuelled a wave of angel investing clubs in Singapore that cater to wealthy individuals hoping to capture their own magical startup.
Among the newly-incepted organisations are AngelCentral, female-focused angel investment network she1K, Investible from Australia and NEXT50 Angel Network by venture capital firm Trive.
TRENDING NOW
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
