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.

July 6, 2023

Pareen at PETRONAS FutureTech 3.0

Pareen Chaudhari, our Investments Associate, was recently engaged as a speaker in the PETRONAS FutureTech 3.0 held at SGInnovate. Pareen took the stage to introduce Openspace and shared about the vital role of venture capitals in fostering the growth of startups.

July 4, 2023

Openspace Ventures Leads USD 5.5M Series B+ Funding Round for Finnomena

We are thrilled to share that Openspace Ventures has taken the lead in a $5.5M Series B+ fundraising round for Finnomena. This funding aims to expand Finnomena’s range of products and develop its investment management platform.

June 27, 2023

Introducing: BroomHive

Broom, a recent addition to our Indonesia portfolio, has recently launched BroomHive, an offline integrated car showroom located in Bekasi, West Java. BroomHive offers a seamless used car buying experience with a wide selection of cars from 5000+ of Broom’s showroom partners.

June 21, 2023

Meet The Team: Kelvin

Meet The Team: Kelvin Goh

June 20, 2023

Pluang+ Inspire: Empowering Financial Literacy through Inspirational Contents

Pluang, the leading all-in-one investment app in Indonesia, has launched a new segment on YouTube called Pluang+ Inspire. Pluang+ Inspire offers simplified and engaging financial and investment content featuring trusted speakers, including Gita Wirjawan, a former Trade Minister during President Susilo Bambang Yudhoyono's era.

June 13, 2023

GoTo Announces Patrick Sugito Walujo as New CEO, Shaping a Promising Future

GoTo has recently unveiled its plan to appoint Patrick Sugito Walujo as its new Chief Executive Officer (CEO). This exciting turn of event marks a significant transition for GoTo and sets the stage for a promising future gearing toward profitability.

June 6, 2023

Sarisuki: new brand, super Fiesta

Sarisuki, one of our portfolio companies based in the Philippines, has been dedicated to enriching the lives of communities by providing a platform for self-empowerment through a Community Buying Model.

June 1, 2023

Thought Leadership: Amy Zhao at the ORIGIN Conference

Amy Zhao, our Executive Director and Ocular Fund Lead, stood out with her participation as a speaker at the prestigious ORIGIN Conference along with the other esteemed panelists

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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