VSV will play the key role in acceletation and venture funding, while Microsoft will act as a technology advisor and enabler of commercialization.
By Nguyen Thi Bich Ngoc
The funding is a follow-on investment to the Expara acceleration grant, Phi Nguyen, founder and CEO of Hiip, revealed to DEALSTREETASIA.
While most accelerators help companies raise money, Expara has its own fund and accelerator, so startups who finish the programme do not have to chase after investors. It’s collaboration with Microsoft also promises to offer market support to these startups
Singapore-based venture capital (VC) firm Expara Ventures, which invests in interactive and digital media startups in the city-state, Malaysia and Thailand, has held the first close of its second fund, on S$5 million, DEALSTREEASIA has learnt. It is understood the vehicle has received commitments for a large part of its S$30… Read more »
Singapore-based CoAssets, the first real estate crowdfunding platform in ASEAN which was launch in July 2013, closed a Series A S$1 million ($799,800) investment round led by private investors at a S$13 million valuation. CoAssets crowdfunds residential and commercial properties in Asia, Australia, the UK and the US. Membership has grown from an… Read more »