Draper Venture Network fund’s Singapore operation has launched a new micro fund targeting founders at the earliest stages of building tech start-ups in Southeast Asia, including Vietnam.
Draper Startup House Ventures’ first investment was in Ferne Health, a Singapore healthcare start-up addressing sexual health.
The fund management is headquartered in the US and Singapore, but aims to invest world-wide.
General partners Giulianna Crivello and Vikram Bharati, founder of Draper Startup House International, will co-manage the fund along with long-time advisor Nick Martin.
It will focus on the Asia-Pacific where it has already invested in 60 countries and 30 industries. — VNS