XA Network, formerly known as Xoogler Angels, has invested an undisclosed sum in Vertex Ventures’s $305-million fourth Southeast Asia and India fund. This is XA Network’s first participation as a limited partner (LP) in a venture capital firm.
According to a statement, this strategic partnership will grant Vertex Ventures access to XA’s deep tech expertise and vast talent network to support its investments and portfolio companies. In return, XA Network’s members are also offered an opportunity to invest in Series A and B stage opportunities which is Vertex SEA’s fund focus.