Openspace Ventures raises $90m

The Singapore-based firm has held a first close on its third venture capital fund.

  • Fund name: Openspace Ventures Fund III
  • Amount raised: $90 million
  • Target size: $200 million
  • Stage of fundraising: First close
  • First close date: June 2020

Openspace Ventures has held a first close on Openspace Ventures Fund III on $90 million. The fund targets the healthcare, education, consumer, technology, media, telecommunications, finance and hardware sectors across South-East Asia.