Southeast Asia Venture Capital News

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.

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.

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 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.

January 12, 2022

Pluang Secures Additional $55M in Funding

Pluang, the all-in-one fractional investing app that has become one of Southeast Asia’s fastest growing fintech startups, has raised $55 million in a funding round led by Accel, with participation from Openspace.

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 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.

November 16, 2021

Hian Goh and Gervin Yang open #PHSW21, sharing insights on scaling

Yesterday, as Philippine Startup Week 2021 #PHSW21 kicked off, we were thrilled to have Hian Goh and Gervin Yang from Openspace deliver a keynote, addressing a large audience joining the Mainstage

November 8, 2021

Openspace backs JIWA Group to fuel expansion and strengthen tech ☕️

JIWA Group, a leader in Indonesia’s technology-enabled food and beverage industry, has announced new funding from Openspace and Capsquare Asia Partners.

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 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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