Southeast Asia Venture Capital News

April 22, 2021

Indonesian health tech startup halodoc nets USD 80 million from Astra, Temasek

Health tech platform Halodoc said on Wednesday that it raised USD 80 million in its Series C round led by Indonesian conglomerate Astra.

March 22, 2021

Indonesian savings and investment pp Pluang gets $20m in Pre-Series B funding

Indonesia-based fintech Pluang announced today it has raised $20 million in a pre-Series B round led by Openspace Ventures, with participation from Go Ventures and other returning investors.

March 12, 2021

Openspace Ventures closes third fund at hard cap of US$200m

Openspace Ventures is pleased to announce the final close of Openspace Ventures III, L.P. on 26 Feb 2021, with total subscriptions accepted at US$200 million.

March 9, 2021

Nutrition Technologies raises US$5m, opens insect protein factory in Malaysia

SINGAPORE-BASED agrifoodtech startup Nutrition Technologies has raised US$5 million in a pre-Series B funding led by Hera Capital, with participation from existing investors Openspace Ventures and SEEDS Capital, the investment arm of Enterprise Singapore.

January 5, 2021

Indonesian EdTech Zenius nabs funding from Openspace

Indonesia-based EdTech startup Zenius on Tuesday announced that it closed a pre-Series B funding round for an undisclosed amount. In the round, new investors Alpha JWC Ventures and Openspace Ventures joined existing investors such as Northstar, Kinesys, and BeeNext who had injected money in Zenius’ Series A round in February 2020.

November 10, 2020

Indonesia’s iSeller bags series a round from Openspace Ventures, Mandiri capital

Indonesia-based iSeller, an omnichannel sales software-as-a-service player, announced that it has secured an undisclosed amount in its series A round of funding led by Singapore-based VC firm Openspace Ventures and Mandiri Capital, the VC arm of Bank Mandiri in Indonesia.

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 8, 2020

Freshket lands $3 million series a led by Openspace to streamline Thailand's food supply chain

Based in Bangkok, Freshket simplifies the process of getting fresh produce from farms to tables. Launched in 2017, the startup has now raised a $3 million Series A, led by Openspace Ventures.

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.

October 31, 2024

Fano Wins 2024 Emerging Enterprise Award by The Business Times and OCBC

Fano, formerly known as Fano Labs, has been awarded 2024 Emerging Enterprise Award jointly organzied by The Business Times and OCBC.

September 4, 2024

Closing Southeast Asia's Growth Stage Climate Funding Gap

Southeast Asia's climate tech is booming, but a gap still exists. Discover how we navigate the highs, lows, and regulatory twist shaping SEA's climate revolution.

August 5, 2024

Envisso: Turning Merchant Risk Into a Growth Strategy

We're excited to spotlight Envisso, one of our recent addition to our portfolio companies. Envisso is making risk rewarding as an innovative provider of credit solutions and risk management for payment companies.

July 17, 2024

Love, Bonito Opens First Permanent Store in Makati, Philippines

Love, Bonito, one of our portfolio companies has officially opened its first brick-and-mortar store in the Philippines

June 20, 2024

Accelerating Venture Climate Investments in Southeast Asia

Southeast Asia's climate tech is booming, but a gap still exists. Discover how we navigate the highs, lows, and regulatory twist shaping SEA's climate revolution.

June 3, 2024

Unveiling Southeast Asia's Digital Startup Landscape: Opportunities and Challenges

Southeast Asia's tech landscape is evolving rapidly and emerging as an investable region. Discover on how we seize the opportunities and navigate the challenges.

May 3, 2024

Openspace Leads Fano Labs' Series B Funding, Sets to Expand into APAC Market

Openspace led the Series B round for Fano Labs with participation from HSBC, Greater Good Investment, the family office of Mr. and Mrs. Kenneth Lo, and existing shareholders.

April 3, 2024

SariSuki and Super8 Partner to Offer Farm Produce at Cheaper Prices

Agri-tech company SariSuki has partnered with Super8 retail grocery to offer affordable fresh produce to consumers

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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