GOJEK backer Openspace Ventures to launch $500m growth fund by year-end

Singapore-based venture capital firm Openspace Ventures is looking to raise about $500 million for its third fund, which will be launched later this year, DEALSTREETASIA has learnt.

According to an industry source, Fund III will comprise a main fund of $200 million and a growth opportunities fund of $300 million set aside for select larger LPs.