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.

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.

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 14, 2020

Filipino live streaming App Kumu raises $5 million Series A led by Openspace Ventures

Kumu Holdings, a live streaming startup based in the Philippines, announced today it has raised about $5 million in Series A funding, earmarked for new features and growing its operations.

January 10, 2020

Openspace co-leads the Series B round for wealth-tech, Finnomena – the firm’s first Thai investment

Southeast Asia-focused Openspace Ventures has made its first investment in Thailand, co-leading a $10 million Series B round for financial technology player Finnomena alongside China’s Gobi Ventures. Premier Advisory Group, a Thai private equity investor, and a number of angel investors also contributed.

March 8, 2024

Openspace and IWD 2024 - “Inspiring Inclusion”

Each year on the 8th of March, we see from around the world and within Southeast Asia, how we steadily close the gender gap in traditionally male-dominated fields

November 2, 2023

Meet the Team: Trang Vi

Meet Trang, our investment team member steering the ship through the dynamic waters of the Vietnamese market.

October 18, 2023

The Craft Revisited: Daniel Levin on Negotiation

Today, we are revisiting a previous episode of “The Craft” with Daniel Levin on Negotiation.

July 27, 2023

Recommendation: On Strategy Showcase Podcast (Liquid Death: the water brand that thinks like a beer)

June 29, 2023

Thought Leadership: Freddie at the Maker Lab Marketing Panel (The Art of Storytelling: How to Make Your Brand Stand Out?)

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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