Singapore-based venture capital fund M Capital Management has announced it would use its debut fund, M Venture Partners (MVP), totaling $30.85 million to invest in 40 early-stage startups, primarily seed and pre-Series A, with an average initial check size of about $500,000.
Singapore-based M Capital Management closes $30.85M debut fund to invest in Southeast Asian startups – TechCrunch
M Capital Management, a Singapore-based venture capital firm, announced today it has closed its debut fund, M Venture Partners (MVP), totaling $30.85 million USD. It plans to invest in 40 early-stage startups, primarily seed and pre-Series with an average initial check size of about $500,000. M Capital Management was founded by Mayank Parekh, whose investment experience includes launching Grange Partners and leadership positions at Southern Capital Group and McKinsey & Company, and Joachim Ackermann, former managing director of Google Asia Pacific.
Link: Singapore-based M Capital Management closes $30.85M debut fund to invest in Southeast Asian startups
via techcrunch.com
