JAKARTA -- Lightspeed Venture Partners, the prominent U.S. venture capital firm that backed the likes of Snap in the U.S. and Pinduoduo in China, launched its Southeast Asia operations on Thursday in a sign that the region's tech ecosystem is continuing to attract big players even amid the coronavirus pandemic.
Startups
VC firm that backed Snap and Pinduoduo expands to Southeast Asia
Lightspeed to deploy capital to region from its recently raised $4bn
Lightspeed Venture Partners has invested in Grab and is now looking to double down on Southeast Asia's tech scene. (Photo by Ken Kobayashi)
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