Singapore-based VC firm BEENEXT raises $160m for two new funds

Singapore-based VC firm BEENEXT raises $160m for two new funds

Singapore. Photo by Andrew Kow on Unsplash

Singapore-based venture capital firm BEENEXT has announced the close of two new funds with a combined corpus of $160 million.

It has raised $110 million for BEENEXT Emerging Asia Fund and another $50 million for a fund focused on Software-as-a-Service (SaaS) businesses in Japan.

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