Golden Gate Ventures raises $100m

The Singapore-based investment firm hit its fundraising target after four months.

Golden Gate Ventures has corralled $100 million for its third fund Golden Gate Ventures K9. The fund has attracted commitment from Temasek Holdings, Hanwha Life Insurance, NAVER Corporation, Mitsui Fudosan and Korea Venture Investment Corporation (KVIC).

Following its predecessors, the vehicle will target in technology-focused start-ups in Indonesia and Singapore.