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.

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

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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