October 26, 2015 – Indonesia-based used phone ecommerce site Laku6 has secured an undisclosed amount of seed funding, after launching in July 2015, with Singapore-based Golden Gate Ventures leading the investment, followed by several local angel investors. Launched by co-founders Alvin Yap (CEO) and Heng Shing Kae (CTO), the founding team combines serial entrepreneurship and technical experience.
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HipVan (www.hipvan.com) announced today that it has closed its Series A funding of S$4.7m led by Singapore based Golden Gate Ventures with participation from East Ventures, Toivo Annus, LionRock Global, and other individual investors including the Managing Director & CFO of Barclays Asia Pacific. This is HipVan’s 2nd funding round following its S$1.65m seed funding
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Government investment company Temasek Holdings has pumped $90 million into four local venture capital (VC) firms this year, to help fledgling start-ups expand their business operations. They are: NSI Ventures, Monk’s Hill Ventures, Jungle Ventures and Golden Gate Ventures. Temasek did not disclose the investment sums in each case. Mr Ong Beng Teck, managing director
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After 25 successful investments, Golden Gate Ventures, a South East Asia fund focused on strengthening ties between Silicon Valley and Asia, announces their second fund, a US$50M early-stage VC fund. SINGAPORE – 29 July 2015 – Golden Gate Ventures announces the first close of their second fund, Golden Gate Ventures Fund II LP, a US$50M
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Asia VC Investment Report
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Venture investors have gotten themselves quite an appetite. They invested $418.4 million into a dozen restaurant and food-service startups in the second quarter of this year, more than in any other similar period since 1992, when Dow Jones VentureSource began keeping records, Yuliya Chernova reports for Dow Jones VentureWire. The second-largest quarter by both total
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