Top tech news, May 16: Vertex raises US$230M for new Southeast Asia fund

Vertex Ventures was an early investor in ride-hailing giant Grab Temasek-backed Vertex raises US$230M for new Southeast Asia fund [Reuters] Vertex Ventures, backed by Singapore state investor Temasek, said it has raised US$230 million in the first close of its latest fund to invest in Southeast Asian and Indian technology startups. The firm was an […] The post Top tech news, May 16: Vertex raises US$230M for new Southeast Asia fund appeared first on e27.


16 May, 2019E27.CO

Top tech news, May 16: Vertex raises US$230M for new Southeast Asia fund | Beamstart

Vertex Ventures was an early investor in ride-hailing giant Grab

Temasek-backed Vertex raises US$230M for new Southeast Asia fund [Reuters]

Vertex Ventures, backed by Singapore state investor Temasek, said it has raised US$230 million in the first close of its latest fund to invest in Southeast Asian and Indian technology startups.

The firm was an early investor in ride-hailing giant Grab. Its portfolio includes payments startup InstaReM, online grocery platform HappyFresh and cryptocurrency exchange Binance....

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