It’s boom time for ven­ture cap­i­tal

Singapore Business Review - - CONTENTS -

Sin­ga­pore’s ven­ture cap­i­tal (VC) fundrais­ing is ex­pe­ri­enc­ing a gold rush as in­vestors con­tinue fun­nel­ing their money to the citys­tate’s bur­geon­ing startup scene. In Oc­to­ber alone, VC firms like Ver­tex Ven­tures and Vick­ers Ven­ture Part­ners com­pleted their big­gest fundrais­ing yet with $210m and $230m, re­spec­tively.

This grow­ing in­ter­est in Sin­ga­pore’s startup scene re­flects the ap­petite for in­vestors to look for op­por­tu­ni­ties be­yond the United States and China, which com­prised the lion’s share of VC in­vest­ments in Asia in re­cent years. Data from KPMG’S Ven­ture Pulse

2017 re­vealed that Sin­ga­pore’s ven­ture in­vest­ments to­talled US$725.3M in the sec­ond quar­ter of this year, boosted by in­ter­net com­pany SEA Lim­ited’s US$550M fund­ing round.

“South­east Asia has seen in­vest­ment ac­tiv­ity rise most strongly in Sin­ga­pore, In­done­sia, and Viet­nam in the past 12 to 18 months, with no­table trans­ac­tions such as Grab, ARA, Toko­pe­dia, and SEA at trans­ac­tion val­ues well above what is com­monly found in our re­gion,” said Dr. Thomas Lanyi, chair­man, Sin­ga­pore Ven­ture Cap­i­tal As­so­ci­a­tion. Apart from ven­ture cap­i­tal, there is also an­other trend ris­ing in South­east Asia:

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