Sequoia Capital raises $850m for first fund dedicated to SE Asia

Photo: REUTERS/Beawiharta

Sequoia Capital, one of the world’s top venture capital firms, announced on Monday that it has raised $850 million for its first fund dedicated to the Southeast Asia region.

The vehicle, Sequoia SEA Fund I, will double down the firm’s focus on the region, investing actively at the seed, Series A, and growth stages, according to the announcement.

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