October 11

East Ventures and SV Investment Inject $100 Million Fund to Supercharge Tech Startups in Southeast Asia

By James Jung

Indonesia-based venture capital firm East Ventures and Seoul-based venture capital firm SV Investment have joined forces to establish a new fund targeted at $100 million. The primary goal of this fund is to promote investment opportunities and collaboration between Southeast Asia and South Korea, bridging the gap between the two dynamic tech ecosystems.

This fund’s vision is to offer financial support, build investment connections, share knowledge, and facilitate networking opportunities between Southeast Asian and Korean businesses for the growth and innovation of both regions’ tech landscapes.

Photo courtesy of blickpixel.

Source: AsiaTechDaily (link opens in a new window)

Investing, Technology
innovation, startups, venture capital