Co-working space Impact Hub Singapore has launched an S$1 million seed fund to invest in early-stage startups. The fist community/co-work space too launch such a fund in Singapore, investors in the Hub Ventures Fund includes family offices, high-net-worth individuals (HNIs), as well as members of The Hub’s community.
By Shiwen Yap
Automated sales assistant SaaS startup Saleswhale has closed a $1.2M seed round led by GREE Ventures, with backing from Monk’s Hill Ventures and Wavemaker Partners.
Taiwan-headquartered online travel discovery platform KKday, which expanded into Singapore earlier this year, has closed a $7 million in Series A+ funding led by Monk’s Hill Ventures and AppWorks.
SVCA recognised the quality of various deals by firms in the private equity and venture capital space, with Wavemaker and Monks’ Hill winning awards.
C88 properties, CekAja.com in Indonesia and eCompareMo.com in the Philippines, are the largest financial sites in their respective markets, connecting banks and insurers with consumers.
He, however, observed that it was critical for entrepreneurs to have a global outlook in building ventures that could scale outside Singapore. “If Singapore is to become a leader in innovation, it is going to need its startups and entrepreneurs to take their products to the world,” he added.
The fund was put together with investments from various limited partners including Cisco, Temasek, Telstra, and YJ Capital, among others. The VC firm raised an amount above its initial target of $80 million.
Online real estate marketplace ZipMatch has become the first company to use virtual reality for real estate sector in South East Asia. The latest service is an amplified version of ZipMatch’s high-quality images or 3D videos of residential properties for sale in the region, mostly in the Philippines at present…. Read more »
Monk’s Hill has been on the road since 2013 to raise its first vehicle, a $80 to $100 million fund, which is yet to hit the final close.
Approaching its fourth year as a Philippine-based real estate marketplace platform, ZipMatch is shifting its main focus of the business from assisting home buyers to empowering more the real estate sellers.