ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Startups

Singapore's Insignia raises $516m for ASEAN startups, eyeing Web3

'Winners very obvious when tide goes out,' venture capital firm's founder says

Yinglan Tan, founding managing partner of Insignia Ventures Partners, eyes more aggressive investment in “next-decade sunrise sectors.” (Photo courtesy of Insignia Ventures Partners) 

TOKYO -- Singapore-based venture capital firm Insignia Ventures Partners said Monday that it has raised $516 million to invest in startups across Southeast Asia.

Of this, $388 million will be allocated to its third flagship fund, while another $100 million will be used for making additional investments in portfolio companies. Insignia also raised a $28 million "entrepreneurs pool" from family offices of technology companies' founders that will invest alongside the main fund.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more