Kejora Capital, SBI Holdings launch joint $30m early-stage fund

Kejora Capital, SBI Holdings launch joint $30m early-stage fund

Southeast Asian venture capital firm Kejora Capital and Japanese financial conglomerate SBI Holdings on Wednesday announced the launch of a $30 million joint venture fund that will make early-stage investments in Indonesia.

The fund, dubbed SBI Kejora Orbit Fund I, is expected to hold its first close by June 30. It has secured capital commitments from family offices, high net worth individuals, corporations, and other institutional investors across Indonesia, Singapore, Japan, and Europe, according to a statement.

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