Openspace Ventures related stories
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Openspace Ventures wraps up second fund at $135 mlnOpenspace Ventures has closed its second fund at a hard cap of $135 million. Fund 2's investors include Stepstone Group and Temasek as well as pension funds, university endowments, insurance companies and family offices. Based in Singapore and Jakarta, the venture firm invests in tech companies in Southeast Asia.
- FinAccel nabs $30 mln Series B
Jakarta-based FinAccel, a financial tech company, has raised $30 million in Series B funding. Square Peg Capital led the round with participation from MDI Ventures, Atami Capital, Jungle Ventures, Openspace Ventures, GMO Venture Partners, Alpha JWC Ventures and 500 Startups.
- Love, Bonito takes in $13 mln Series B
Singapore-based Love, Bonito, a women's wear label, has raised $13 million in Series B funding. Kakaku.com led the round with participation from NSI Ventures.
Aberdeen Standard to ramp up co-investments globallyThe newly-merged investment business of Aberdeen Asset Management and Standard Life Investments is seeking to boost its exposure to co-investments and increase its focus on investing in smaller GP deals.
- Newly-merged Aberdeen Standard names China head
Amy Wang, former head of institutional business for Greater China at Amundi Pioneer Asset Management, has been brought on to strengthen the firm’s relationships with Chinese high net worth individuals and institutional investors.
- NSI Ventures, RBVC invest $11.5 mln in kitchen robotics company
NSI Ventures and RBVC have provided an $11.5 million Series B funding in Zimplistic, a kitchen robotics company. The company's flagship product, Rotimatic, is an automatic flatbread maker. Rotimatic uses AI technology for real-time measuring and mixing the correct ratio of flour and water to make one roti per minute. Hian Goh of NSI Ventures and Jan Westerhues of RBVC have joined Zimplistic's board.
- Kitchen robotics company Zimplistic grabs $11.5 mln
Singapore and Mountain View, California-based Zimplistic, a kitchen robotics company, has closed $11.5 million in Series B funding. The investors were NSI Ventures and Robert Bosch Venture Capital GmbH. In addition to the funding, Hian Goh of NSI Ventures and Jan Westerhues of RBVC have been added to Zimplistic's board of directors.
- TradeGecko picks up $6.5 mln Series A
Inventory management software provider TradeGecko has raised $6.5 million in Series A funding. NSI Ventures and Jungle Ventures led the round.