XA Network partners Vertex, invests in fund
Claudia Chong
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.
TRENDING NOW
Firm loses wrongful dismissal case despite following termination clause
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Citi, OCBC downgrade UOB post-Q2 results; RHB upgrades on valuation
Soilbuild’s Lim Chap Huat sues Brookfield, claims it reneged on joint venture: WSJ