<article><a href="https://www.dealstreetasia.com/?s=marketx">MarketX</a>, a private investment platform in China, the US and Singapore, is launching a $150-million fund to invest in pre-IPO tech opportunities.</article>

<a href="https://www.dealstreetasia.com/?s=marketx">MarketX</a>, a private investment platform in China, the US and Singapore, is launching a $150-million fund to invest in pre-IPO tech opportunities.
<a href="https://e27.co/exclusive-marketx-launching-us150m-fund-to-invest-in-pre-ipo-tech-companies-20190503/">According to an e27 report</a>, the MX50 fund is in &#8220;advanced talks&#8221; with around 30 Asian family offices and expects to reach a final close by October this year. It aims to invest in five to eight companies, with ticket sizes ranging between $1 million and $100 million. These companies will be expected to see a 2-5x surge in their valuation before their IPO.
The report adds that MarketX recently &#8220;soft launched&#8221; in Singapore, and has applied for the Monetary Authority of Singapore&#8217;s (MAS) license to operate in the country. It currently has offices in San Francisco, Shanghai and Beijing.
If successful, MarketX will join a small but growing number of private platforms offering similar opportunities to private investors in Asia. This includes names like Singapore-based Fundnel and CapBridge&#8217;s 1exchange (1x), both of which list international companies on their platforms.
According to MarketX&#8217;s website, it offers access to pre-IPO opportunities via direct investments and thematic portfolios. It works with over 8500 family offices, funds and high net-worth individuals (HNWIs). It has over 30 asset partners with combined assets of over $5 billion globally.
Founded in 2015 by Cathryn Chen, MarketX is backed by $1.6 million in seed funding from entrepreneurs and investors such as Boquan He, Lei Jun, Cai WenSheng and other Chinese angel investors.
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<a style="color: #ff0000;" href="https://www.dealstreetasia.com/stories/capbridge-singapore-mas-111618/">CapBridge granted private exchange license by Singapore’s MAS</a>

The aims to invest in five to eight companies, with ticket sizes ranging between $1 million and $100 million, from the fund.

MarketX to launch $150m fund to invest in pre-IPO tech companies

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MarketX to launch $150m fund to invest in pre-IPO tech companies

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