Vertex Venture’s growth-stage fund secures $15m from Korean investor

Vertex Growth Fund, the global growth-stage fund of Singapore-based investor Vertex Venture Holding, said it has secured US$15 million in new commitment for its second fund.

More details

• Stage: Unspecified
• Amount raised: US$15 million
• Investor: Korea Venture Investment Corporation
• Target amount: Undisclosed
• Ticket size of funding: Undisclosed
• Investment areas: Opportunities emerging from Vertex’s five early-stage fund portfolios

More company updates

• With the new investment, Vertex Growth plans to expand its presence in Korea by forming strategic partnerships with key VCs in the country.
• It will also leverage Vertex’s global network to invest in Korean startups and aid them in their global expansion efforts.
• According to Vertex’s latest report, which was done in partnership with market data and insights firm Preqin, Japan and Korea are two Asia-Pacific markets that have been gaining global prominence.
• Established in 2019, Vertex Growth’s portfolio of investments includes companies such as Nium, 17Live, and Licious.

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