Singapore fund targets early-stage companies in Southeast Asia

Thursday, Oct 14, 2021 08:00

Draper Startup House Ventures in Singapore. It has launched its first global fund targeting early-stage companies in Southeast Asia, including Vietnam. Photo courtesy of Draper Startup House Ventures

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

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