Exclusive: Singapore's Monk's Hill raising $120m venture capital fund

Monk's Hills Ventures' Peng T. Ong

Singapore’s Monk’s Hill Ventures is raising a $120-million second fund to continue investing in early stage and Series A and B funding rounds, and also support companies from other parts of the world that want to expand into Asia, according to two people familiar with the matter.

This will be about 50 per cent larger than its maiden fund, which it had closed at around $85 million in 2016.

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