Golden Gate, JFDI form Asian start-up alliance

Golden Gate, which has offices in Singapore and San Francisco, operates a seed investment program for digital start-up companies. It will work with Singapore-based JFDI.Asia on its "bootcamp" program, which takes teams of entrepreneurs from idea to investment in 100 days. Those that exhibit sufficient traction are fast-tracked to additional funding of up to $600,000.

Golden Gate co-founders Vinnie Lauria, Jeff Paine and Paul Bragiel will join the bootcamp program as mentors.

"The next billion people are coming online in our region. It's a huge opportunity and an equally huge pool of talent in the region is set to make the most of it," Lauria said in a statement.

Golden Gate said it would continue to fund start-ups that operate independently of the bootcamp. However, it will share its pipeline of pre-launch companies with JFDI.Asia, and vice versa.

"We hope that this will be the first of several alliances with key partners across the region who share our ambition to support the coming generation of digital success stories across Asia, for Asia," said Hugh Mason, co-founder and CEO at JFDI.Asia.

 

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Save this article  
• Send to  

• Topics
• Venture
• Southeast Asia
• Technology
• Technology
• Singapore
• Venture
• seed