Southeast Asia Venture Capital News

October 28, 2021

Love, Bonito raises Series C funding to fuel international expansion 🚀

Love, Bonito has its eyes set on evolving into a purpose-driven female ecosystem that supports Asian women around the world at every life stage.

October 27, 2021

Kumu raises Series C to build world's largest participatory social network 🤝

The Series C takes Kumu's total amount raised to over $100M

October 22, 2021

kumu holds first USA kumucon 🎉

The first kumu USA mini con was held in Las Vegas, Nevada, with special Kumunity appearances.

October 21, 2021

Openspace Awarded Fundraise of the Year 2021 👏

Openspace has been recognised by SVCA for the successful raise of our third fund

October 14, 2021

Openspace co-leads iSeller's $US8M Pre-Series B

iSeller, a rapidly growing Indonesia-based commerce platform providing leading-edge e-commerce and payment solutions, has announced the completion of a US$8 million Pre-Series B round of financing, co-led by Openspace and AppWorks, with participation from Mandiri Capital Indonesia and Indogen Capital.

October 13, 2021

Openspace Awarded Great Place to Work© Certification 🙌

Openspace has been recognised as a Great Place to Work© - for our focus on diversity and culture.

October 11, 2021

The Venture Capital Boom In Southeast Asia: The Best Is Yet To Come 🚀

Our co-founder and Partner, Hian Goh, sat down with Forbes to discuss what's next for venture capital boom in Southeast Asia.

October 5, 2021

Zenius helps solve the teacher talent crunch tech 👩‍💻

Edtech is growing really fast in Indonesia. And online teaching has emerged as a viable profession in its own right. Edtech platforms are investing in strengthening this new class of workers as it becomes clear platforms need a steady stream of quality teachers to further prop up their growth.

January 16, 2025

MAKA Motors Debuts the MAKA Cavalry: Designed by Indonesians, for Indonesians

MAKA Motors, Indonesia’s electric motorcycle company, has just launched its first locally built model, the MAKA Cavalry last week. Built specifically for Indonesian riders, the MAKA Cavalry redefines the riding experience by combining sustainability, performance, and style.

November 6, 2024

Ampd Energy Raises An Oversubscribed $27.3M Funding Co-Led by Openspace and Kibo Invest

Ampd Energy, an innovator and manufacturer of battery energy storage system (ESS) has closed an oversubscribed $27.3 million in Series B founding round to further expand its decarbonization efforts.

October 28, 2024

Openspace Wins APAC Industry DEI Award 2024 from 100 Women in Finance

Openspace is proud to announce that we have received the APAC Industry DEI Award from 100 Women in Finance, recognizing our effort to promoting diversity and building an inclusive environment.

October 21, 2024

CopilotIQ and Biofourmis Merge to Create the First End-to-End Platform for AI-driven In-Home Care

Merger establishes a category of one company that can deliver in-home care from pre-surgery, to acute, post-acute, and chronic care

October 7, 2024

Broom Raises US$25 in Series A+ Led by Openspace to Accelerate Indonesia’s Automotive Sector

Broom recently secured US$25 million in series A+ funding round led by Openspace to push forward its vision of modernizing the used car market in Indonesia.

September 19, 2024

Lista and TransUnion Partner: Making Credit Scoring More Accessible

Lista has partnered with TransUnion to make credit report more accessible for Filipinos.

August 22, 2024

Openspace Leads Initial Funding for Vietnamese Coffee Brand Every Half

Every Half Coffee Roasters (Every Half), a fast-growing specialty coffee brand, has received initial funding in a round led by regional investor Openspace, with additional participation by DSG Consumer Partners.

March 8, 2024

Openspace participates in US $15M funding round for leading Indonesian leading proptech Rukita

Rukita has secured this significant investment in its mission to continue providing hassle-free, affordable, and long-term rental housing solutions in Indonesia

January 20, 2022

The Flow will Grow: Why We're Excited About Vietnam

Openspace has always had a pure-play regional focus in Southeast Asia and are excited by what we are beginning to see in the start-up ecosystems in Philippines, Thailand and Vietnam. To dig deeper, we recently sat down to have a conversation with the team overseeing Openspace’s activity on-the-ground in Vietnam to understand what’s going on.

December 31, 2021

Shane Chesson Reflects on 2021

Our co-founder, Shane Chesson reflects on a few surprises and key developments in the firm over the past twelve months, as well as muses over his 3 expectations for 2022.

December 14, 2021

Kumu's soundtrack with SB19 knocks BTS off Billboard's newest chart

SB19’s “Bazinga” rockets from No. 8 to the peak position, in a very promising shift for P-pop music on the global stage.

December 8, 2021

Openspace Awarded 10th Best Place to Work in Singapore 🏆

Openspace has been recognised by GPTW as the 10th Best Place to Work in Singapore amongst companies with <100 employees.

October 29, 2021

Openspace meets Kumu: The Story

Hian Goh, Founding Partner, reflects on the first time Openspace met Kumu - and the early opportunity we saw in the Philippines.

October 1, 2021

Openspace's Hian Goh on Southeast Asia's Goldilocks Moment

June 1, 2021

Openspace releases first Annual Sustainability Report 2021

There are big problems to solve in Southeast Asia. The region houses 10% of the world’s population and it has the third largest labour force in the world. Its accelerating economic development is increasingly drawing global attention.

October 28, 2020

Reaping the Regional Dividend: 2020 Edition

We are very pleased to introduce Openspace Ventures’ inaugural edition of Reaping the Regional Dividend.

September 9, 2024

Openspace Sustainability Progress Report 2023

Awareness of ESG issues has grown significantly but translating this into real, deliberate action has been slow. To highlight how we are moving from awareness to action, we are pleased to release our 4th annual Sustainability Progress Report

October 3, 2023

Nano: How Earned Wage Access is Improving Employee Financial Wellbeing in Vietnam

The report was conducted in early 2023 by Center for Impact Investing and Practices (CIIP), a non-profit centre established by Temasek Trust to advance the impact investing ecosystem in Asia

August 30, 2023

Reaping the Regional Dividend: The Southeast Asia Coalesce Index

Openspace and Stripe release Reaping the Regional Dividend: The Southeast Asia Coalesce Index, which studies the extent to which the region is growing closer together, and the upside opportunities that brings.

August 11, 2023

Openspace Releases Sustainability Progress Report 2022

We are pleased to be publishing our 2022 Sustainability Progress Report for the third year! In this report, we do a deep dive on ESG issues material to tech companies in Southeast Asia, focusing particularly on consumer protection principles, responsible AI, and cybersecurity and data governance.

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