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

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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