In brief: Cento Ventures’ new fund targets Asia-Pacific proptech startups

• Singapore-based Cento Ventures is raising capital for its new proptech fund.
• The VC’s proptech fund is a specialized fund that focuses on “high potential” startups that deliver products or solutions tailored for the region’s real estate sector.
• According to Pauline Chong, a principal at Cento Ventures, the region is still in the early stages of funding proptech startups. “The majority of funding [went] towards co-living and co-working [spaces] as initial investment themes for [the proptech sector],” she told BusinessWorld.

Source: BusinessWorld