Singapore-based VC True Global Ventures closes fourth fund at over $100m

Singapore-based VC True Global Ventures closes fourth fund at over $100m

Source: True Global Ventures 4 Plus.

Singapore-based venture capital firm True Global Ventures (TGV) has made the final close of its fourth fund at more than $100 million, the firm announced on Wednesday.

TGV 4 Plus, a blockchain-focused equity fund, was launched in 2019 with its general partners pitching in the initial $12 million, TGV partner Kelly Choo told DealStreetAsia. After completing two investments, the fund started raising capital from limited partners in the third quarter of 2019.

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