STRIVE(formerly known as Gree Ventures) has closed their third fund of US $100 million.
The new fund, which was launched in April 2019, will focus on investing in seed-stage B2B companies across SouthEast Asia and Japan.
Major investors in the fund includes returning LPs such as SME Support JAPAN, GREE Inc. (parent company), and members of the Mizuho Financial Group.
STRIVE today has offices in Tokyo, Singapore, and India, and is led by Yusuke Amano, Tatsuo Tsutsumi, and Nikhil Kapur.
Some of the previous investments include Saleswhale, Hasura, Kudo (acquired by GRAB), Classplus, Medtrail, and many others.
“We love partnering with product-led founders in their audacious journeys of building regional tech giants. This fund will enable us to continue the work that our firm started 8 years ago”, mentions Nikhil Kapur, partner of STRIVE.
Having co-invested with other leading VCs across the region, STRIVE aims to be one of the first truly cross-border Asian funds with strong operational presence across India, Southeast Asia, and Japan.
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