Singapore based Monk’s Hill Ventures announced their launch with news of a $80 million fund to focus on investing in early stage startups in Southeast Asia. The venture capital firm is brand new, but composed of highly experienced partners Peng T. Ong, Kuo-Yi Lim and Stefan Jung, along with Thomas Clayton as a special...
The National Research Foundation (NRF) of the Prime Minister’s Office of Singapore has announced six venture capital funds to take part in the second round of its Early Stage Venture Fund (ESVF) program. The NRF will contribute S$10 million to each of the 6 funds on a matching basis for a total of S$120...
John John Kim is a Singapore based VC investor who has worked at some big firms such as Goldman Sachs and Mercuria. He talks about his new cross-border venture capital firm Amasia, and what kinds of investments they look for. John also discusses the startup ecosystem in Singapore, including the special government schemes the...
The Singapore-based online shopping site for luxury goods, Reebonz, recently obtained an investment of US$40 million led by MediaCorp, Singapore’s biggest broadcaster. This now reportedly brings the total value of Reebonz to just under US$200 million. Founded in 2009, Reebonz offers high quality luxury goods at steep discounts, which has attracted about 2 million...