
Singapore's CapitaLand launches VC unit
Singapore real estate developer CapitaLand has set up a dedicated VC unit – known as C31 Ventures – to support global tech start-ups. This comes after the company received funding under the early stage venture fund program (ESVF) to make investments within Singapore.
CapitaLand is prepared to invest up to S$100 million ($73.7 million) through C31 Ventures, targeting opportunities beyond Singapore. It will focus on Series A to Series C rounds for companies in five areas:...
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