Golden Gate Ventures
KL-based on-demand services startup ServisHero has raised US$2.7 million in a pre-Series A round led by Singapore-headquartered Golden Gate Ventures, with participation from Cradle Seed Ventures.
There will be a 500% increase in the number of M&As in SEA from 2015 to 2020, according to a report that Golden Gate Ventures has just released.
Customer loyalty startup Perx has secured Series A funding, which it said would help kick off its new enterprise vision.
Personal finance portal MoneySmart.sg has secured US$1.9 million in Series A funding, and plans to expand its team and enter one more country in Asia.
Golden Gate Ventures (GGV) has launched the US$50-million Golden Gate Ventures Fund II LP fund, its second for South-East Asian tech startups, and has released a research report on the VC investment climate in the region.
Singapore startup Legalese.io has just launched, hoping that ‘software will eat the law’ when it comes to drafting legal documents for startups and VCs to use. Benjamin Cher reports.
Some of largest financial exits in South-East Asia will be in marketplaces. So long as the target market is large enough, then there is a very real possibility of creating a massive, sustainable marketplace, writes Justin Hall of Golden Gate Ventures.
There is tremendous opportunity here, the entrepreneurs are amazing, and people are solving real-world, serious problems – but think again if you’re only out to make a quick buck, writes Justin Hall of Golden Gate Ventures.
Singapore has been so effective at growing its startup ecosystem that it should be considered the public policy model for every government around the world – be it local, regional or national – intent on creating its own startup ecosystem, writes Golden Gate Ventures’ Justin Hall.
The large amounts of money pouring into the ecosystem can and will probably lead to large exits, but the problem is that local entrepreneurs and investors can and will get squeezed out, writes Justin Hall, who also provides some advice on how to prepare.