Roehl Niño Bautista · · 1 min readAltara Ventures closes inaugural $130m fund
Singapore-based Altara Ventures, a technology VC firm focused on Southeast Asia, has closed its inaugural fund worth US$130 million.
The Altara Ventures team / Photo credit: Altara Ventures
The firm has made seven investments to date. It targets players in the fintech, consumer, enterprise software, logistics, healthcare, and edtech spaces seeking series A and series B funding. It is already in talks for three investments during the first quarter of 2022.
Companies in its portfolio include neobank Tonik and digital lender StashFin, software-as-a-service firm FreeAgent CRM, insurtech platform PolicyStreet, edtech firm Clevai, and digital staffing platform Sampingan.
Altara Ventures is led by five general partners: Koh Boon Hwee, Tan Chow Boon, Seow Kiat Wang, Gavin Teo, and Dave Ng, who have collectively backed over 100 firms.
See also: These are the most active investors in Southeast Asia’s startups
Editing by Samreen Ahmad and Eileen C. Ang
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