Southeast Asia Venture Capital News

April 22, 2021

Indonesian health tech startup halodoc nets USD 80 million from Astra, Temasek

Health tech platform Halodoc said on Wednesday that it raised USD 80 million in its Series C round led by Indonesian conglomerate Astra.

March 22, 2021

Indonesian savings and investment pp Pluang gets $20m in Pre-Series B funding

Indonesia-based fintech Pluang announced today it has raised $20 million in a pre-Series B round led by Openspace Ventures, with participation from Go Ventures and other returning investors.

March 12, 2021

Openspace Ventures closes third fund at hard cap of US$200m

Openspace Ventures is pleased to announce the final close of Openspace Ventures III, L.P. on 26 Feb 2021, with total subscriptions accepted at US$200 million.

March 9, 2021

Nutrition Technologies raises US$5m, opens insect protein factory in Malaysia

SINGAPORE-BASED agrifoodtech startup Nutrition Technologies has raised US$5 million in a pre-Series B funding led by Hera Capital, with participation from existing investors Openspace Ventures and SEEDS Capital, the investment arm of Enterprise Singapore.

January 5, 2021

Indonesian EdTech Zenius nabs funding from Openspace

Indonesia-based EdTech startup Zenius on Tuesday announced that it closed a pre-Series B funding round for an undisclosed amount. In the round, new investors Alpha JWC Ventures and Openspace Ventures joined existing investors such as Northstar, Kinesys, and BeeNext who had injected money in Zenius’ Series A round in February 2020.

November 10, 2020

Indonesia’s iSeller bags series a round from Openspace Ventures, Mandiri capital

Indonesia-based iSeller, an omnichannel sales software-as-a-service player, announced that it has secured an undisclosed amount in its series A round of funding led by Singapore-based VC firm Openspace Ventures and Mandiri Capital, the VC arm of Bank Mandiri in Indonesia.

October 28, 2020

Reaping the Regional Dividend: 2020 Edition

We are very pleased to introduce Openspace Ventures’ inaugural edition of Reaping the Regional Dividend.

September 8, 2020

Freshket lands $3 million series a led by Openspace to streamline Thailand's food supply chain

Based in Bangkok, Freshket simplifies the process of getting fresh produce from farms to tables. Launched in 2017, the startup has now raised a $3 million Series A, led by Openspace Ventures.

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 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 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.

August 22, 2024

Openspace Leads Initial Funding for Vietnamese Coffee Brand Every Half

Every Half Coffee Roasters (Every Half), a fast-growing specialty coffee brand, has received initial funding in a round led by regional investor Openspace, with additional participation by DSG Consumer Partners.

March 8, 2024

Openspace participates in US $15M funding round for leading Indonesian leading proptech Rukita

Rukita has secured this significant investment in its mission to continue providing hassle-free, affordable, and long-term rental housing solutions in Indonesia

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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