Openspace Ventures hits final close of third SE Asia fund at $200m

Openspace Ventures hits final close of third SE Asia fund at $200m

(Left to right) Shane Chesson, founder, partner and Hian Goh, founder, general partner at Openspace Ventures

Singapore-headquartered venture capital firm Openspace Ventures announced the final close of its third Southeast Asia fund – Openspace Ventures III LP – at $200 million.

The third fund’s close raises Openspace’s total committed capital managed to $425 million across three funds, the firm said. Apart from this early-stage fund, Openspace is also in the market to raise a $300 million opportunities vehicle called OSV+ to allow its LPs to co-invest and double down on select portfolio companies.

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