VC surge: Southeast Asian startups safe substantial investments

e27.co

This week witnessed a surge in enterprise capital investments in Southeast Asian tech startups, reflecting the area’s rising prominence within the world tech panorama. Notable corporations embody Thrixen, Higala, and Fano Labs.

Under are the transient profiles of the buyers/corporations that invested in regional startups this week.

22Well being Ventures

It’s an early-stage healthtech funding agency deeply embedded in Singapore, offering accelerated entry to the US. It invests in entrepreneurs and applied sciences altering the way forward for well being throughout three themes: empowering well being choices, enabling rising remedies, and supporting wholesome ageing.

This week, 22Well being invested in Thrixen, a Singapore-based firm that’s creating a diagnostics platform for infectious ailments.

Talino Enterprise Studios

Talino Enterprise Studios is a worldwide enterprise studio for inclusive fintech. Born within the intersection of Silicon Valley and Southeast Asia, Talino goals to bridge monetary inclusion for over 1.7 billion folks all over the world. It makes use of the enterprise studio mannequin to construct repeatable, scalable, and worthwhile fintechs that empower underserved, underrepresented teams all over the world with monetary entry and mobility.

This week, Talino launched and invested within the inclusive instantaneous fee system Higala.

Cercano Administration Asia

Based in 2022, Cercano Administration is a personal funding fund based mostly within the US. The agency primarily invests in healthcare, software program, media, knowledge intelligence, cellular networks, semiconductors, different vitality sectors, infrastructure, vitality and pure assets, training, client, monetary providers, telecom and communications sectors, data providers, and life sciences.

Northstar Ventures

It really works with mission-based founders focusing on high-growth markets in wholesome ageing, the way forward for work and studying, the way forward for place, and local weather tech.

Touchstone Companions

Based in 2020, Touchstone Companions is a enterprise capital agency headquartered in Ho Chi Minh, Vietnam. It seeks to spend money on early-stage corporations working within the fintech, well being expertise, instructional expertise, provide chain and deep-technology sectors.

East Ventures

East Ventures is a sector-agnostic enterprise capital agency. Based in 2009, East Ventures has reworked right into a holistic platform that gives multi-stage funding, from seed to growth-stage investments, for over 300 tech corporations throughout Southeast Asia. It additionally has enterprise operations in Japan.

Saison Capital

It’s the Japanese agency Credit score Saison’s VC arm. Saison Capital invests in pre-seed to Sequence B corporations globally, with a deal with Southeast Asia and India. Its portfolio covers all verticals, together with however not restricted to fintech, e-commerce and Web3.

This week, Cercano, Northstar, Touchstone, East Ventures, and Saison Capital invested in Vietnamese edutech agency Prep.

Openspace Ventures

Openspace offers enterprise capital funding to again corporations in Southeast Asia. By specializing in the basics and with a wide-scale operations staff, it actively companions with its 45+ portfolio corporations to assist construct viable and accountable B2B and B2C companies. It’s co-headquartered in Singapore and Jakarta, with energetic workplaces in Bangkok, Manila, and Ho Chi Minh Metropolis.

This week, it invested in Fano Labs.

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