fbpx
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Marketplaces & E-commerce
    • Ecosystem
    • Robotics
    • Investments
    • EdTech
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Investors’ interviews
    • Founders’ interviews
  • Governments
  • Lists
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • REGISTER
  • login
No Result
View All Result
No Result
View All Result
Home Featured

Insignia Ventures Partners targets sunrise sectors after raising $516m

Team AsiaTechDaily by Team AsiaTechDaily
03 August 2022
in Featured, Venture Capital
0
Insignia Ventures Partners

Insignia Ventures Partners Founding Managing Partner Yinglan Tan

2
SHARES
Share on FacebookShare on Twitter
Bookmark (0)

Please login to bookmark

No account yet? Register

Insignia Ventures Partners, a Singapore-based venture capital investor, said it will be more aggressive on “next-decade sunrise sectors” in the region after it announced raising $516 million for three venture funds.

The company said it will aggressively explore opportunities in web3, climate tech, healthcare, and agriculture.

“There is understated but critical alignment between the solutions coming out of these areas and long-standing problems in the region from end-to-end food sustainability to trust with institutions,” said its founding managing partner Yinglan Tan.

The venture capital investor announced the close of its latest funds totalling $516 million. This includes $388 million for the main fund IVPF III, $28 million for an Entrepreneurs’ pool that invests alongside the main fund, and Annex Fund I at $100 million.

These funds will focus on early-stage technology investments in Southeast Asia and comes as the firm celebrates five years of “building great companies.”

Like the prior funds raised by the Southeast Asia-focused early-stage technology venture capital firm, Fund III was oversubscribed and reached its hard cap for limited partner commitments.

Investors in the new fund span premier institutional investors including sovereign wealth funds, foundations, university endowments, and renowned family offices from Asia, Europe, and North America.

“We could have raised a much higher amount but we have learned that smaller, tighter funds do better,” Tan said, noting that when they were raising their first US$120 million fund, limited partners were initially skeptical of whether Southeast Asia was sufficiently large and addressable.

Since 2017, Insignia Ventures has backed unicorns like the Southeast Asia auto retail platform Carro, Indonesian digital investment platform Ajaib, AI for business intelligence company Appier which listed in Japan last year, and Indonesian tech juggernaut GoTo which listed in Indonesia this year; category leaders like the pioneering rural Indonesian fintech Payfazz (now Fazz Financial), the Indonesian commerce enabler Shipper, and the Philippines’ first fully digital bank Tonik; and fast-emerging pioneers like the Asia-first mental health tech company Intellect, conversational AI market leader WIZ.AI, and the open banking platform leading Southeast Asia’s open banking adoption Brankas.

Previous Post

Indonesian foodtech startup GREENS secures pre-Seed funding led by East Ventures

Next Post

DTC startup EVO raises $600K in East Ventures-led Seed funding round

Related Posts

edit post
GGV Capital Follows Sequoia’s Lead, Splits in Response to U.S.-China Tensions
Governments

GGV Capital Follows Sequoia’s Lead, Splits in Response to U.S.-China Tensions

September 22, 2023
edit post
Nila Capital Launches as Philippines’ First Student Venture Fund
Venture Capital

Nila Capital Launches as Philippines’ First Student Venture Fund

September 20, 2023
edit post
Corobot, a disinfecting robot developed by Hills Robotics(Image: Hills Robotics Homepage)
Featured

Korea’s Pangyo Techno Valley: A Pioneering Hub in the Global Robot Industry

September 20, 2023
edit post
Choi Hyun-seok, CEO of F&S Holdings
AR & VR

Fassker CEO on Revolutionizing Fashion through Digital Innovation & Metaverse Technology

September 19, 2023
edit post
Panoramic view of Huons headquarters (Source: Huons YouTube)
Featured

Pangyo Techno Valley, a Cluster of the Korean Beauty Industry, Strengthens Its Global Competitiveness

September 15, 2023
edit post
(Photo = beSUCCESS)
Events

“Born2Global Center”, a Business Support Organization for Global Expansion of Startups, Is Transformed into the “Global Digital Innovation Network Foundation.”

September 14, 2023
Next Post
edit post
Evo

DTC startup EVO raises $600K in East Ventures-led Seed funding round

Discussion about this post

No Result
View All Result

Popular Posts

  • The Top 5 Dating Apps In Asia – 2023

    69 shares
    Share 28 Tweet 17
  • Japanese EV Startup Terra Motors Raises $28 M in Series C Funding for Infrastructure Expansion

    36 shares
    Share 14 Tweet 9
  • How Rohan Gupta Co-Founder And CEO Of QuillBot Raised $4.25M To Make Writing Painless?

    16 shares
    Share 6 Tweet 4
  • How Roland Ros, Founder Of Kumu Raised $6M To Build The #1 Grossing Social App In the Philippines?

    14 shares
    Share 6 Tweet 4
  • Inshorts CEO Azhar Iqubal: The entrepreneur who got news curated for the Millenials & Gen Z 

    14 shares
    Share 6 Tweet 4
  • Kimberly Yao, CEO And Co-Founder Of CloudEats- A Pioneer Cloud Restaurant Company In SouthEast Asia

    13 shares
    Share 5 Tweet 3
  • Indian FinTech startup Jar raises US$32 million in Series A

    10 shares
    Share 4 Tweet 3
  • Yoma Strategic announces plan to acquire Telenor Group’s stake in Wave Money

    9 shares
    Share 4 Tweet 2
  • Top 5 Cross-Border Acquisitions To Eye for in 2023

    9 shares
    Share 4 Tweet 2
  • Atome Financial and HSBC Singapore Collaborate Again to Expand in the Philippine Market

    9 shares
    Share 4 Tweet 2




  •  Australia
  •  Austria
  •  Bangladesh
  •  Bhutan
  •  Brunei
  •  Bulgaria
  •  Cambodia
  •  Canada
  •  China
  •  Dubai
  •  Europe
  •  Finland
  •  France
  •  Germany
  •  Greater China
  •  Hong Kong
  •  India
  •  Indonesia
  •  Ireland
  •  Israel
  •  Japan
  •  Laos
  •  Lithuania
  •  Malaysia
  •  Mexico
  •  Mongolia
  •  Myanmar
  •  Nepal
  •  Netherlands
  •  New Zealand
  •  Norway
  •  Pakistan
  •  Philippines
  •  Poland
  •  Puerto Rico
  •  Qatar
  •  Russia
  •  Signapore
  •  Singapore
  •  South Korea
  •  Sweden
  •  Switzerland
  •  Taiwan
  •  Thailand
  •  Turkey
  •  Ukraine
  •  United
  •  United Kingdom
  •  United States
  •  Uzbekistan
  •  Vietnam

Topics

  • AI & Big Data
  • AR & VR
  • Blockchain
  • Clean Technology
  • Content & Games
  • Cybersecurity
  • Enterprise & SaaS
  • Gadgets & Electronics
  • Health & Bio

  • Ecosystem
  • EdTech
  • Featured
  • FinTech
  • Investments
  • IoT
  • Marketplaces & E-commerce
  • Robotics
  • Transportation & Logistics

FREE NEWSLETTER

Follow Us

Copyright © 2023 AsiaTechDaily.com| About Us | Seed accelerator| Terms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Ecosystem
    • Marketplaces & E-commerce
    • Robotics
    • Investments
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Investors’ interviews
    • Founders’ interviews
  • Governments
  • Lists
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • Forums
  • Jobs
  • REGISTER
  • Login

Copyright © 2023 AsiaTechDaily.com| About Us | Seed accelerator| Terms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

We hope you enjoy our content, May you please give us Feedback regarding our website!

Single Post Feedback