Newly founded California-based venture capital firm Parkpine Capital is set to launch its debut $50-million seed fund and seal at least three deals by September. It is looking at investing in technology startups from Southeast Asia.
Founded by Egyptian pharmacist-turned-venture capitalist Ahmed Shabana, Parkpine Capital either invests through its own fund, co-invests with other existing funds, or helps its partners with deal sourcing and other services.