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.

April 11, 2022

Openspace congratulates Gojek (GoTo) on their successful IPO 🚀

Having led the Series A for Gojek back in 2014, we are so thrilled to see GoTo Group go public today, with a successful first day of trading. 🚀

March 16, 2022

Datature raises US$2.7m from Openspace, aims to become a leading end-to-end no-code MLOps platform

The fundraising follows impressive early traction as Datature quickly establishes itself as one of the most exciting new end-to-end no-code MLOps platforms. Designed from the ground up, Datature’s full suite of solutions provides teams with the ability to annotate, augment, train and deploy computer vision models all without a single line of code.

March 14, 2022

SariSuki raises from Openspace, expands into quick commerce

SariSuki, a fast growing social commerce startup, is expanding into quick commerce with a vision to build an end-to-end eGrocery platform in the Philippines.

March 11, 2022

Ocular by Openspace announces investment into STEPN, a move-to-earn NFT game

‍We are excited to announce that recently, Ocular, the new Web3 focused investment fund managed by Openspace made an investment into STEPN, a move-to-earn NFT game built on Solana.

January 21, 2022

Openspace welcomes Omesh Fabiani and Johan Batubara

Today, we have a big pair of announcements: welcome to Omesh Fabiani and also to Johan Batubara–our newest additions to the senior team. Omesh joins as our Chief Financial Officer, and Johan as Executive Director, Indonesia.

January 4, 2022

Philippines Rising: The New Startup Hotspot in 2022

Openspace recently spoke with The Ken about the opportunity we've long recognised in the Philippines, and how that led us to build on our portfolio in the country, and lead the Series A in Kumu, whose rapid growth has served as a signal to overseas investors that the country is full of entrepreneurial zest and emergent startups.

December 21, 2021

Jessica Huang Pouleur Announced as General Partner

We are thrilled to announce the promotion of Jessica Huang Pouleur to General Partner. She is the first to join co-founders Shane Chesson and Hian Goh, who have led the firm since 2014

November 30, 2021

Kumu: not content with just content

An article from our friends at The Ken on Kumu and its growth strategies.

June 15, 2023

Thought Leadership: Shane’s Takeaways at SVCA Conference 2023

Shane Chesson was given the privilege to be one of the keynote speakers at SVCA Conference 2023 - Asia and the World: Inside The Dynamics of a Changing Relationship. Shane provided a deeper understanding of market dynamics, enhanced diligence practices, and the future of exit strategies during the VC Panel.

June 7, 2023

Meet the Team: Jonathan Chandra

In this week's edition of Meet The Team, we learn a little more about Jonathan, our Senior Analyst (OSV+), who sources, assesses and manages a number of the fund's portfolio companies.

February 9, 2023

Capabilities Focus: Wenbo Zong on Tech & Engineering

We’re starting a new series called Capabilities Focus, which is highlighting members of our Portfolio Success team and the integral role they play at Openspace and for our portfolio companies.

February 8, 2023

The Craft Revisited: Rory Sutherland on Alchemy

This week, we’re revisiting a previous episode of The Craft, where Hian, our General Partner, discusses behavioral psychology with Rory Sutherland - author of Alchemy and Vice Chairman of the Oglivy group. Here are 5 key takeaways we gained from their conversation:

December 23, 2022

Happy Holidays, from us to you

From everyone at Openspace to everyone we have the heartfelt pleasure of knowing or working with.

July 27, 2022

New Craft Episode 🔥: Nir Eyal On Habits

In this episode of The Craft, Jessica talks to Nir Eyal about habits. He's behavioural design consultant, investor, entrepreneur and author of the seminal book ‘Hooked’.

June 14, 2022

New The Craft episode - Chris Lemons on Courage 💪

In this episode, Shane Chesson talks to Chris Lemons, a saturation diver and subject of the Netflix documentary, Last Breath.

March 8, 2022

Stronger through diversity: Openspace on International Women’s Day 2022

At Openspace, we see diversity as both a social and business imperative. It’s because we believe that by valuing diversity, we will encourage more diverse idea exchange–a fundamental element of our firm’s Active Intelligence philosophy.

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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