This week saw an increase in venture capital investments in Southeast Asian tech startups, highlighting the region’s growing importance in the global tech industry. Some noteworthy companies that received investments include Thrixen, Higala, and Fano Labs.
Below are brief profiles of the investors/companies that made investments in regional startups this week.
22Health Ventures
22Health Ventures is a Singapore-based early-stage healthtech investment firm with a strong presence in the US. They focus on investing in entrepreneurs and technologies that are shaping the future of health in areas such as empowering health decisions, enabling emerging treatments, and supporting healthy aging. This week, they invested in Thrixen, a company developing a diagnostics platform for infectious diseases based in Singapore.
Talino Venture Studios
Talino Venture Studios is a global venture studio specializing in inclusive fintech. They aim to bridge financial inclusion for over 1.7 billion people worldwide by building scalable and profitable fintech solutions that provide financial access and mobility to underserved populations. This week, they launched and invested in the inclusive instant payment system Higala.
Cercano Management Asia
Established in 2022, Cercano Management Asia is a US-based private investment fund that focuses on various sectors including healthcare, software, media, and more. They invested in Vietnamese edutech firm Prep this week.
Northstar Ventures
Northstar Ventures partners with mission-based founders targeting high-growth markets in areas such as healthy aging, the future of work, and climate tech.
Touchstone Partners
Touchstone Partners is a venture capital firm headquartered in Ho Chi Minh, Vietnam, investing in early-stage companies in sectors like fintech, health technology, and more.
East Ventures
East Ventures is a sector-agnostic venture capital firm with operations across Southeast Asia and Japan, providing multi-stage investments for tech companies in the region.
Saison Capital
Saison Capital is the VC arm of Japanese firm Credit Saison, investing in companies globally with a focus on Southeast Asia and India. Their portfolio spans various sectors including fintech, e-commerce, and Web3.
This week, Cercano, Northstar, Touchstone, East Ventures, and Saison Capital invested in Vietnamese edutech firm Prep.
Openspace Ventures
Openspace Ventures provides venture capital funding for companies in Southeast Asia, partnering with their portfolio companies to build successful B2B and B2C businesses. They recently invested in Fano Labs.
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