Singapore venture capital firm eyes North Asia play

20 Dec, 2018
1 min read
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Venture capital firm Golden Equator Capital’s (GEC) move to launch a S$120 million fund with Korea Investment Partners (KIP) earlier this year comes on the back of push-pull factors – the need for South-east Asian startups to expand into North Asia, and the growing interest of large Korean firms in these startups.

Our Managing Partner, Daren Tan shared on The Business Times that North Asia’s largest firms will increasingly build deeper links with Southeast Asian startups as they look to expand into new markets. The venture capital fund is intent on building regional icons with the ability to expand beyond Southeast Asia.

As we venture into a regional partnership with Korea Investment Partners with the GEC–KIP Fund, we bring along this ambition of our portfolio companies and leverage on the deep experience KIP in Korea to strengthen innovation in the region.

Read more on The Business Times.