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Openspace Ventures

Australia IPOs: Suspicious minds

A handful of bad experiences have made Australia’s public market investors wary of private equity-backed IPOs. This doesn’t mean offerings can’t get done, but the industry must address its profile problem

  • Australasia
  • 02 March 2020
Openspace makes first Thailand investment

Southeast Asia-focused Openspace Ventures has made its first investment in Thailand, co-leading a $10 million Series B round for financial technology player Finnomena alongside China’s Gobi Ventures.

  • Southeast Asia
  • 10 January 2020
No easy answers in Philippines’ sluggish VC market – AVCJ Forum

Industry participants at the AVCJ Philippines Forum were hard-pressed to explain a disappointing lag in local venture capital ecosystem development.

  • Southeast Asia
  • 10 October 2019
Gates Foundation, global insurers back Indonesia's Halodoc

The Bill & Melinda Gates Foundation has made a rare direct investment in Southeast Asia, participating in an extended Series B round for Indonesian healthcare technology provider Halodoc.

  • Southeast Asia
  • 29 July 2019
Southeast Asia VC: Waiting for the breakout

Fundraising has accelerated in Southeast Asia’s venture capital space in recent years, but the ecosystem remains fragile. Expansion will be difficult until GPs can prove the viability of the market to LPs

  • Southeast Asia
  • 10 July 2019
Deal focus: TaniGroup plants a seed for Indonesia agtech

TaniGroup was established to address an information disparity that prevents Indonesian farmers from making more money. Several VC investors are now backing it to become a broader platform

  • Southeast Asia
  • 10 June 2019
Openspace backs Indonesian agtech start-up

Openspace Ventures has led a $10 million Series A round for Indonesian agricultural technology start-up TaniGroup.

  • Southeast Asia
  • 29 May 2019
VC investors excited by Vietnam's tech talent - AVCJ Forum

Vietnam’s deepening pool of technology talent could be its biggest asset as the country evolves from a nascent start-up ecosystem to one capable of generating multiple unicorns.

  • Southeast Asia
  • 27 May 2019
Sequoia, MassMutual lead Series B for Singapore's Biofourmis

Sequoia Capital India and MassMutual Ventures have led a $35 million Series B round of funding for Singapore-based Biofourmis, operator of a health analytics platform that tracks how patients are responding to treatment.

  • Southeast Asia
  • 23 May 2019
grab-delivery
Grab vs Go-Jek: Hitting the gas

As Grab and Go-Jek accumulate war chests to finance their battle for leadership in Indonesia’s online services space, the greatest benefit could go to the next generation of local technology entrepreneurs

  • Southeast Asia
  • 24 April 2019
Profile: Openspace Ventures' Hian Goh

Hian Goh knows better than most Southeast Asian VC investors the cultural barriers that discourage the region’s entrepreneurs. With Openspace Ventures he aims to provide start-ups the support they need

  • Southeast Asia
  • 03 April 2019
business-meeting
VC documentation: Standardizing small print

The rapid growth of venture capital in Southeast Asia has fostered the emergence of varied working practices. Singapore’s model investment agreements are intended to help bring order to chaos

  • Southeast Asia
  • 13 February 2019
building-blocks-wall-teamwork
Asia corporate VC: Company towns

Acceleration of development in the technology space is giving rise to a new generation of corporate VC investors. Building an identity separate from their parents is crucial to the success of these emerging firms

  • Greater China
  • 31 October 2018
support-help-step-man-woman
Southeast Asia VC: Partner propositions

Strategic investors, particularly from China, are playing a growing role in Southeast Asia’s technology scene. Venture capital investors in the region hope their portfolio companies can benefit from the rising tide

  • Southeast Asia
  • 12 September 2018
Openspace closes second SE Asia VC fund at $135m

Southeast Asia-focused VC firm Openspace Ventures – best known for being the first institutional investor in Indonesian ride-hailing and delivery platform Go-Jek – has closed its second fund at the hard cap of $135 million.

  • Southeast Asia
  • 15 August 2018
Square Peg leads $30m Series B for Indonesia's FinAccel

Square Peg Capital has led a $30 million Series B round for Indonesian financial technology start-up FinAccel to support its national and regional expansion.

  • Southeast Asia
  • 26 July 2018
VCs see opening for Southeast Asia exits – AVCJ Forum

Venture capital firms in Southeast Asia see a growing range of exit avenues thanks to a maturing local start-up market and increasing interest from global investors.

  • Southeast Asia
  • 19 July 2018
Q&A: Openspace Ventures' Shane Chesson

Having co-founded NSI Ventures as an affiliate of Northstar Group, Shane Chesson took the business independent this year and renamed it Openspace Ventures. He discusses Southeast Asia’s macro outlook

  • Southeast Asia
  • 11 July 2018
NSI goes independent, rebrands as Openspace Ventures

NSI Ventures, a Southeast Asian early-stage investor affiliated to Northstar Group, is to become fully independent and rebrand itself as Openspace Ventures.

  • Southeast Asia
  • 26 April 2018
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