Southeast Asia Venture Capital News

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 19, 2024

Openspace Announces Final Close of OSV IV

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 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.

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.

March 6, 2024

Openspace Leads Round for Thryve.Earth, to Conserve and Restore Nature through High-Quality Forestry Carbon Projects

Thyrve.Earth, a technology-enabled project developer conserving and restoring nature, today announced a $US 2.6M investment in a round led by a prominent regional venture capital firm, Openspace.

February 27, 2024

Biofourmis and GE HealthCare Forge Strategic Partnership to Elevate Patient Care

Biofourmis and GE HealthCare collaborate to revolutionize patient care by enabling safe, effective, and accessible care-at-home program.

January 23, 2024

FINNOMENA Wins Award for Empowering Thai Investors

FINNOMENA hits 9th year milestone with Socially Impactful Organization in Financial Knowledge Contribution Award from SEC

December 5, 2023

Meet the Team: Olivia Li

This week we have Olivia, our fund accountant in the spotlight

December 4, 2023

Openspace continues to back insurtech Igloo

We are excited to be doubling down on our support for regional insurtech Igloo, who today announced that it has closed a US$36 million Pre-Series C funding round.

November 27, 2023

Openspace Annual General Meeting 2023: REBASE

Openspace Annual General Meeting (AGM) was successfully held in Singapore on November 10, welcoming of over a hundred global investors, entrepreneurs, and industry experts, and friends of the firm. With Rebase, we strategically position ourselves for a stronger foundation to prepare for a new era of growth in Southeast Asia.

November 7, 2023

Igloo Partners with OPPO and realme for Affordable Smartphone Protection Plans

Igloo has secured strategic partnerships with OPPO and realme to offer smartphone protection and after-sales services

October 26, 2023

SCB Abacus Rebrands to ABACUS digital; Plans for Expansion

SCB Abacus announces rebranding to “ABACUS digital” and plans to expand its business beyond online credit service

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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