Singapore-headquartered venture capital firm iGlobe Partners has closed its iGlobe Platinum Fund III at $100 million seeking to back growth-stage tech startups in areas such as smart cities, synthetic biology and fintech, according to an announcement.
The fund will invest from pre-Series A to Series C over the next three years with a target to have 15–20 companies in its portfolio. Ticket sizes will range from $500,000 to $10 million.