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
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • REGISTER
  • login
No Result
View All Result
No Result
View All Result
Home Blockchain

True Global Ventures raises over $100m for blockchain-focused equity fund

Team AsiaTechDaily by Team AsiaTechDaily
01 September 2021
in Blockchain, Featured
0
True Global Ventures
54
SHARES
Share on FacebookShare on Twitter
Bookmark (0)

Please login to bookmark

No account yet? Register

True Global Ventures (TGV), a Singapore-based venture capital firm, announced raising over $100 million for its fourth blockchain equity-focused fund, TGV 4 Plus.

The fund is dedicated to blockchain companies, primarily in late-stage Series B and C across four verticals: entertainment, infrastructure, financial services, data analytics, and artificial intelligence (AI).

The fund has already invested in five companies so far. These include blockchain gaming and NFT unicorn Animoca Brands; Forge Global, a player in secondary private markets; The Sandbox, a market leader in gaming metaverse; Canada Computational Unlimited, a Bitcoin mining company; and Quantum Rock, an AI asset management firm.

TGV 4 Plus’ 40 partners contributed 27% of the fund, together with entrepreneurs, business angels, family offices, and institutional investors, many with co-investment rights in future equity rounds.

The partners help portfolio companies with commercial relationships, investment promotions, introductions to VCs, loans, and private equity firms for refinancing, and company acquisitions and exits, the firm said.

TGV is a global venture capital firm built by a group of serial entrepreneurs with a solid track record of investing their own money together with Limited Partners into early and late-stage ventures run by serial entrepreneurs.

“I’ve seen how TGV invests not only money but extensive effort and introductions to help grow their portfolio companies. They are simply serial entrepreneurial partners with them,” said Jay Liang, founding chairman of Hong Kong Blockchain Association and managing partner at OES Capital Group and GSR Matrix Fund.

True Global Ventures is present in 20 cities: Singapore, Hong Kong, Taipei, Dubai, Abu Dhabi, Moscow, Stockholm, Paris, Warsaw, New York, San Francisco, and Vancouver, among others.

With the growing recognition of blockchain equity as an asset class, TGV plans for more equity funding rounds, following the TGV 4 Plus Fund launch.

TGV was started in 2010 in Sweden by entrepreneur Dusan Stojanovic. He moved the firm to Singapore in 2015 with the aim of launching a third fund focused on fintech with an “Asian flavour,” which was launched in 2016.

Previous Post

Carsome becomes Malaysia’s largest tech unicorn after raising $200m

Next Post

Payments unicorn Airwallex secures Malaysia money services license

Related Posts

edit post
Korean startup AITest.AI has established itself as a market leader in training to meet the growing demand for education in AI system testing. Recently, AITest.AI launched an innovative AI-testing training course on Udemy, a global e-learning platform, and has attained the topmost position in this field.
AI & Big Data

AITest.AI Emerges as Global Leader in Artificial Intelligence System Testing Training

March 24, 2023
edit post
PhonePe
Featured

Indian fintech PhonePe raises $200m more from Walmart

March 21, 2023
edit post
Antler
Featured

Antler to invest in over 30 startups in Indonesia this year

March 21, 2023
edit post
WeBudding
Content & Games

Korean startup WeBudding partners exclusively with the most popular free app Goodnotes 5 to provide Korean digital stationery content to users globally

March 17, 2023
edit post
One Impression
Featured

One Impression raises $10m in Series A to expand product offerings

March 15, 2023
edit post
Bababos
Featured

Indonesian startup Bababos closes pre-seed funding led by East Ventures

March 15, 2023
Next Post
edit post
Airwallex

Payments unicorn Airwallex secures Malaysia money services license

Discussion about this post

No Result
View All Result

Follow Us

FREE NEWSLETTER




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
    • Startup Investing
    • Fundraising
    • Product Launching
  • 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