Singapore-based venture capital firm iGlobe Partners is raising a $200-million fifth fund to back deeptech startups, as first reported by Bloomberg.
The fund will be an extension of iGlobe’s existing strategy, which centres on intellectual property, and leveraging it to build commercial value. According to its official website, iGlobe focuses on startups in four main categories: smart cities; the future of money, the future of bio, and the future of health.