Malaysia-based business social network and resource database platform BEAMSTART is set to launch a $10 million Digital Accelerator fund to invest in early-stage technology startups across Southeast Asia, according to a press statement.
The fund will be launched in several weeks and the capital will start being deployed as early as Q2 of 2021. It will be spearheaded by BEAMSTART’s founders, Kenneth Ho and Wallace Ho (not related), and a financial services partner from Singapore. Meanwhile, its limited partners include high-net-worth individuals and family offices from China, Japan, and Indonesia.
