Venturecraft launches S$50m venture fund for medtech, ICT

Singapore

SINGAPORE-based private investment group Venturecraft - which was founded last year as a one-stop shop to help Singapore companies expand into China and overseas growth markets - has launched a new S$50 million venture fund, The Business Times has learnt.

This is Venturecraft's second fund, and it will target growth and late-stage startups in the medtech (medical technology) and ICT (information and communications technology) sectors.