// Adds dimensions UUID, Author and Topic into GA4
Sunday, August 2, 2026
30 C
Singapore
type here...
Northstar Group Logo
Photo: Northstar Group
SGX
Less than 1 min.Read

Singapore’s Northstar Group secures $140 million for Southeast Asia venture fund

Mary Alavanza
By Mary Alavanza

SINGAPORE: Singapore’s Northstar Group secures $140 million for Southeast Asia venture fund. The Singapore-based private equity and venture capital firm announced on Friday, Dec 15, as per MarketScreener. The capital comes from a mix of investors, including sovereign wealth funds, family offices, institutional investors, and high-net-worth individuals.

The focus of the fund will be on making early-stage investments in companies based or significantly operating in Indonesia and other Southeast Asian countries. Northstar aims to target the consumer internet, financial technology, and enterprise software sectors with these investments.

Chee-Yann Wong, Northstar’s Chief Investment Officer, highlighted the potential in Southeast Asia, stating“Southeast Asia is the third-largest global region in terms of Internet users. Rising affluence, a tech-savvy young population and further digitization present great opportunities for tech start-ups.”

Founded in 2003, Northstar Group currently manages over $2.6 billion in committed equity capital, according to its website./TISG

- Advertisement -
Google News Follow Google News WhatsApp Join us on WhatsApp Telegram Follow us on Telegram

Hot this week

Relationships

‘My first relationship ended’: Singaporean asks other men how they got over heartbreak

A Singaporean sought advice online after admitting he was struggling to move on from his first relationship and wanted to know how other men got through their first heartbreak.
Domestic Helpers

‘How wonderful is that’: Employer feels ‘angry and betrayed’ after helper posts complaint about babysitting on social media

SINGAPORE: A Singapore employer says she felt “angry and betrayed” after discovering that her domestic helper had complained on social media about being asked to care for the family's baby while sh...

Popular Categories

Singapore NewsFeatured NewsSG EconomySingapore PoliticsLifestyleCelebrityInternational
document.addEventListener("DOMContentLoaded", () => { const trigger = document.getElementById("ads-trigger"); if ('IntersectionObserver' in window && trigger) { const observer = new IntersectionObserver((entries, observer) => { entries.forEach(entry => { if (entry.isIntersecting) { lazyLoader(); // You should define lazyLoader() elsewhere or inline here observer.unobserve(entry.target); // Run once } }); }, { rootMargin: '800px', threshold: 0.1 }); observer.observe(trigger); } else { // Fallback setTimeout(lazyLoader, 3000); } });

The Independent SG

Also Visit

Social Media

© The Independent Singapore

// //
Enable Notifications OK No thanks