<article>Venture capital (VC) firm <a style="color: #000080;" href="http://www.k2globalvc.com" target="_blank">K2 Global</a> today announced the addition of $183 million in committed capital to support its vision of bridging Asia and Silicon Valley to create impact on a global scale.</article>

Venture capital (VC) firm <a style="color: #000080;" href="http://www.k2globalvc.com" target="_blank">K2 Global</a> today announced the addition of $183 million in committed capital to support its vision of bridging Asia and Silicon Valley to create impact on a global scale.
Founded in 2015 by general partner <a style="color: #000080;" href="https://www.linkedin.com/in/minalhasan" target="_blank">Minal Hasan</a> and Ozi Amanat, K2 Global aims to fill the missing link between two dominating geographic markets. Based in Silicon Valley and Singapore, K2 Global invests in technology companies in the Internet and software sectors, with a concentration on solutions in the mobile, e-commerce, fintech, AR/VR, artificial intelligence, autonomous vehicles, and machine learning realms.
K2 Global claims to have invested $58 million in over ten companies to-date, including prominent US venture-backed enterprises such as Magic Leap, Spotify, Uber as well as start-ups like <a style="color: #000080;" href="http://dealstreetasia.com/tag/paktor" target="_blank">Paktor</a>, referred to as the Tinder of Asia.
A recent K2 Global investment, <a style="color: #000080;" href="http://dealstreetasia.com/tag/paytm" target="_blank">Paytm</a>, recently crossed 150 million in user base and its daily transactions average seven million since November 2016. Paytm is expanding globally, aims to launch in 16 countries and recently announced its partnership with <a style="color: #000080;" href="http://dealstreetasia.com/tag/alipay" target="_blank">Alipay</a>.
K2 Global is uniquely positioned to create in-roads for US tech companies to break into Asian markets, while identifying and elevating promising Asian tech start-ups that will make an impact on the world stage.
Hasan, the general partner of K2 Global, said in an official statement: “Startups need to think globally from day one if they want to succeed on a large scale. Traditionally, venture capital has been a hyper-local business, but tech has truly gone global.&#8221;
&#8220;We are seeing a universal convergence of ideas, markets, economies, and technologies, resulting in companies expanding into international markets much more rapidly than before due to the explosion of Internet and mobile technology. K2 Global’s unique mix of expertise and deep understanding of key global markets enables our team to punch above our weight and win deals over larger and more prominent VC firms,” he adds.
Without an investment and operations team on the ground in Asia, where the business sector continues to be heavily relationship-driven, tech companies struggle to build the necessary connections with commercial, manufacturing, strategic, investment, media, and government partners.
K2 Global maintains a single investment team that operates across Asia and the US, providing access for all portfolio companies to a well-established network of business contacts, in addition to maintaining an extensive community of individual and institutional investors, advisers and mentors.
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VC firm K2 Global, which operates in Singapore and Silicon Valley, has closed a $183M fund. 

Singapore: VC firm K2 Global closes $183m fund

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Singapore: VC firm K2 Global closes $183m fund

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