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 Featured

US-based VC Goodwater Capital raises $1bn to invest in early, growth-stage startups

Team AsiaTechDaily by Team AsiaTechDaily
24 September 2021
in Featured, Venture Capital
0
Goodwater Capital
80
SHARES
Share on FacebookShare on Twitter
Bookmark (0)

Please login to bookmark

No account yet? Register

Goodwater Capital, a US-based venture capital (VC) firm, announced it has raised $1 billion in new funds that will invest in early and growth-stage consumer tech startups.

Eric Kim, co-founder and managing partner at Goodwater Capital, said the firm also gets access to an additional $500 million to support late-stage hypergrowth companies.

While based in the US, the VC firm has also been looking at investment potentials in Southeast Asia. Earlier this year, Goodwater Capital made headlines when it co-anchored the over $100 million Series D funding in MoMo, Vietnam’s largest e-wallet app.

It also invested an undisclosed amount in Vietnam’s B2B e-commerce startup Kilo in its seed funding round. The VC firm has also backed many of the world’s tech giants, such as Facebook, and South Korean firms Coupang and Kakao.

“Goodwater was founded seven years ago with a clear mission: To empower exceptional entrepreneurs who are changing the world through consumer technology,” Kim said in a LinkedIn post.

The Goodwater community, Kim added, spans more than 25 countries, with over 140 companies powering $150 billion in annualized financial and e-commerce services.

Consumer technology is the most powerful force on earth, shaping global culture and transforming the global economy in unprecedented ways.

“Our portfolio inspires and educates over 250 million people across social and educational platforms, cares for the health of nearly 50 million lives, and helps transport and house over 75 million families,” Kim added.

On its website, Goodwater Capital said it has made more than 56 venture and growth investments, 75 seed investments, and has backed 11 companies valued at more than $1 billion in seven years.

With the latest fund, the VC firm now has a total of $4 billion in assets, including capital commitments yet to be called.

We partner with companies to deliver world-changing products and services to billions of people. We leverage data to identify breakout companies early and support them throughout their lifecycle, from seed to IPO.

Previous Post

IPI’s TechInnovation 2021 to showcase sustainable energy, food, healthcare solutions

Next Post

Tech-enabled coffee chain Flash Coffee mulls Philippine expansion in 2022

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
Heritas Capital
Venture Capital

Heritas Capital raises $20m for Asia Impact First Fund

March 20, 2023
edit post
FunP Innovation Group
Venture Capital

Taiwan’s funP Innovation raises $3.12m to fuel smart retail, cloud drive into Indonesia

March 20, 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
Next Post
edit post
Flash Coffee

Tech-enabled coffee chain Flash Coffee mulls Philippine expansion in 2022

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