Temasek backed Singapore VC snags $541 million despite tech woes – The Financial Express

Vertex Ventures Southeast Asia and India closed its fifth and biggest fund at $541 million to back startups in the region, defying a slowdown in the global technology sector during a tumultuous year. The sum includes a $50 million vehicle that will pump in additional capital alongside its main fund into startups led by women founders, the Singaporebased firm said in a statement on Tuesday.
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