Golden Gate Ventures | Venture Capital for Southeast Asia

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Facebook co-founder Saverin takes a shine to Singapore underdog

SINGAPORE (BLOOMBERG) – A decade after he got shunted aside at Facebook, Eduardo Saverin’s found another scrappy internet startup he’s proud to put his name behind. The billionaire is reinventing himself as an Asian venture capitalist and thinks he’s found a winner in little-known 99.co, a Singaporean house-hunting service founded by local wunderkind Darius Cheung.

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Golden Gate Ventures, Wavemaker Partners most prolific investors in SE Asia

For the last five quarters, two investors have stood out in Southeast Asia for the number of deals they participated in. Singapore-based Golden Gate Ventures, which focuses on companies building out consumer internet products and services for Southeast Asia, has participated in sixteen funding rounds since April last year, according to researcher Tracxn. Such rounds were

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Tough to find investment-ready startups in Vietnam: Japanese angel Hajime Hotta

Vietnamese early stage startups show high potential but it is hard to find one that is investment-ready, opines Hajime Hotta, a  prolific Japanese angel investor who set up Innovatube, a support programme for local engineers. Hotta acts as the first backer and mentor for a number of Vietnamese startups which went on to secure  funding from

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Iswaran: Finance, law firms must embrace tech

FINANCIAL institutions, as well as law and accountancy firms, must “get comfortable” with the technology and innovation ecosystem, Minister for Trade and Industry S Iswaran said on Thursday at the launch of the S$500 million Venture Debt Programme (VDP) that supports high-growth enterprises. Speaking to reporters during a visit to homegrown vessel-monitoring company Ascenz Solutions,

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Is the sweet deal for start-ups over?

Schemes where the Government chipped in 85% of funding have been a success, but going to the next level requires a taste of reality. Two generously funded government schemes for start-ups, which drew world attention for their success, are wrapping up after five years. But while the Government’s National Research Foundation (NRF) has signalled that

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Local services platform ServisHero raises $2.7M from Golden Gate Ventures, Cradle

Singapore-based venture capital firm Golden Gate Ventures has led the latest $2.7-million pre-Series A funding in Southeast Asia’s local services marketplace ServisHero, which also announced that it was expanding operations to  Thailand – the third destination following Malaysia and Singapore. Cradle Seed Ventures, a venture capital fund supported by the Malaysian government, also participated in the round.

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M&As to become preferred route for startup exits in Singapore, SEA: Golden Gate Ventures

Singapore-based early-stage venture capital firm Golden Gate Ventures foresees the pace of mergers and acquisitions (M&As) in Southeast Asia catapulting, as more institutional funds, protectionists economic policies and global funds look to expand their footprint in the region. The venture capital firm, in a report, predicted that this region will see a minimum of 250

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Southeast Asia’s Startup Boom Seen Jumpstarting Regional Deals

(Bloomberg) — Mergers and acquisitions will drive technology startup exits in Southeast Asia in coming years, with the number of deals rising more than sixfold to at least 250 annually by 2020, according to Golden Gate Ventures. The surge reflects an influx of capital investments into the region, policies that put foreign players at a

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