KUALA LUMPUR: Kumpulan Wang Persaraan (Diperbadankan) (KWAP) will invest up to RM500 million over the next 18 to 24 months into the newly launched fund called Dana Perintis, which is aimed at injecting vitality into Malaysia’s venture and startup ecosystem.
SINGAPORE, September 06, 2023 Venture capital firm 500 Global today announced the successful close of US$143 million1 across its largest Southeast Asian early-stage fund to date, 500 Southeast Asia III, L.P. (500 SEA III), and its growth investment vehicle for Southeast Asia. The new early-stage and growth vehicles demonstrate the team’s commitment to supporting founders in Southeast Asia from pre-seed to pre-IPO.
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Singapore's central bank denies media claims about issuing a directive to banks to avoid discussing the origins of wealth inflows; world's largest pension fund invests in a gender diversity index; and more.