JAKARTA -- Korea Investment Partners Southeast Asia (KIPSEA) has closed its first Southeast Asia venture capital (VC) fund at $60 million, according to an announcement on Monday.
KIP Southeast Asia Venture Fund I has attracted investments from institutional investors across South Korea, Hong Kong and Singapore. Those joining the fund include Samsung Life Insurance, Korea Development Bank, Korea Growth Investment Corporation, D.camp, Woomi Global, Mirana Ventures and Korea Investment & Securities Asia.
