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.

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

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.

Insights

Insight