Southeast Asian VCs seek to raise nearly $2.3b for growth funds

Southeast Asian VCs seek to raise nearly $2.3b for growth funds

From left to right: Nicko Widjaja, CEO, BRI Ventures; Dave Ng, Head of SE Asia, Eight Roads; Carmen Yuen, Partner, Vertex Ventures; Michael Lints, Partner, Golden Gate Ventures; and Roderick Purwana, Managing Partner, SMDV and Partner, EV Growth speak on growth funds at the Indonesia PE-VC Summit 2020.

The year 2019 saw a surge in venture capital funds focused on providing growth capital to startups in Southeast Asia. These growth funds are targeting to raise $2.28 billion in capital, according to DealStreetAsia estimates. 

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