Jungle Ventures may extend hard cap for third SE Asia fund

The Jungle Ventures team

Singapore-based venture capital firm Jungle Ventures is learnt to be seeking approval from the limited partners backing its third Southeast Asia fund to increase the vehicle’s hard cap.

The VC firm has already secured capital commitments totalling $225 million, the hard cap for its latest fund, and continues to field interest from investors wanting in on the fund, according to an executive familiar with the development.

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