Singapore-headquartered early-stage venture capital firm Golden Gate Ventures has opened its Malaysia office in Kuala Lumpur, it said in a statement on Friday.
According to its managing partner Vinnie Lauria, the VC firm plans to commit about $18 million of its recently closed $100-million Fund III to back Malaysia-based startups. It has previously invested about a quarter of its $60-million Fund II – closed in 2016 – into Malaysian startups.
