InterviewVenture capital doubles down on Southeast Asian tech
Prominent investors Jungle Ventures and 500 Startups eye unicorns nearing IPOs
Venture capital firms 500 Startups and Jungle Ventures see a bright future in Southeast Asia. (Screenshots from websites of 500 Startups and Jungle Ventures)
SHOTARO TANI and KENTARO IWAMOTO, Nikkei staff writers
September 13, 2021 13:04 JST
JAKARTA/SINGAPORE -- Two venture capital firms prominent in Southeast Asia are doubling down on its tech ecosystem, with one well on the way to potentially raising $350 million for its latest fund and the other by rebranding its existing one in the region as they prepare to nurture a new generation of promising startups.