Singapore-based Vulpes rebrands Myanmar fund, to focus on early stage tech deals

The Seed Myanmar team. (From left to right) Field Pickering, chief operations officer and general counsel of Vulpes Investment Management and partners, Rita Nguyen and Ye Myat Min.

Given the challenges in finding investible bets and deploying capital in big-ticket deals in the frontier market of Myanmar, Singapore-based Vulpes Investment Management has rebranded its country-focused Vulpes Innovative Myanmar Investment Company as Seed Myanmar, a vehicle dedicated to making early-stage technology investments, a top executive with the firm told DEALSTREETASIA.

Vulpes Innovative Myanmar Investment Company, which was on the road to raise its second fund with a targeted corpus of $25 million, has scaled down the fund size as well as undertaken a makeover to reflect its new focus.

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