📋 Tender Overview
Investee Openspace Ventures IV, L.P.
Country (Target Areas) Southeast Asia Region
Investment Amount 20 million USD
Project Purpose This project aims to improve access to finance for start-up companies by investing in a fund that invests in start-up companies in Southeast Asia region, thereby contributing to the development and expansion of start-up companies in the region.
Project Component This project provides capital to Southeast Asian startups engaged in innovative businesses and support to strengthen their management capabilities through Openspace Ventures IV, L.P., a fund managed by Openspace Ventures Pte. Ltd., a Southeast Asia focused venture capital firm investing in tech companies in the region and backed by many institutional investors. Co-headquartered in Singapore and Indonesia, Openspace also has offices in Vietnam, Philippines and Thailand, and a presence in Malaysia. With a Portfolio Success team and on-the-ground coverage, its professionals partner with portfolio companies to build viable and responsible business-to-business(B2B) and business-to-consumers(B2C) businesses in Southeast Asia.