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Sportsman Shikhar Dhawan launches $75M Global SportsTech Venture Fund

ABU DHABI, UAE, Dec 17, 2022 - (ACN Newswire via SEAPRWire.com) - International cricketer and entrepreneur Shikhar Dhawan has launched Da One Global Ventures (DOGV), a $75 million Global SportsTech Venture Fund focusing on innovation across the Sports spectrum. The multi-stage fund, with a greenshoe option of $25 million, is to incorporate in the Abu Dhabi Global Market (ADGM), with its vibrant business ecosystem and robust regulatory framework, and include a SportsTech Accelerator and eSports Venture Studio as distinguishing verticals within its platform.International Cricketer Shikhar Dhawan announcing $75M Global SportsTech Venture Fund, Nov 14, 2022 [Da One Global Ventures]This is the first VC fund organized by an Asian sportsperson and Indian celebrity. Mr Dhawan introduced his partners and the team at Da One Global Ventures during his keynote at the LP-GP Summit, part of Abu Dhabi Finance Week (ADFW), the prestigious economic forum for world leaders to gather and address strategic macroeconomic and financial topics which will shape regional and global perspectives for the years to come.Shikhar Dhawan, a highly reputed name in the cricket world today, established a seasoned team as the fund's General Partner (GP) leading the investment thesis across the Sports spectrum - from SportsTech to eSports, and Gaming to Web3. The fund will be global in nature, as will its sports personalities, representing multiple sports as Limited Partner (LP) Ambassadors. This unique network will allow unprecedented access to sports ecosystems of the world, mobilizing investment and accelerating growth.Shikhar Dhawan comments: "I am elated to start new innings and embark on this journey through the world of venture capital. All of this is only possible with the support of my commercial partners, and the commitment of Da One Global Ventures to the fund, readying for this week's announcement and targeted deployment in Q1 2023-24.DOGV will go beyond traditional investing models, providing domain knowledge and accessing the global sporting ecosystem. We aim to scale greater heights and set new benchmarks for Sports Technology Venture Capital. I have much gratitude toward sports and look forward to the contributions of this fund to the economic strength, and the growth of Sports.This year has been spectacular for SportsTech, with investments to the tune of $12 billion already, more than the preceding three years combined, covering multiple segments, and illustrating the rapid growth in this dynamic industry. We are in active discussion with various stakeholders across the ecosystem, and developments will be announced in due course."Shikhar Dhawan is a leading Indian cricketer. A left-handed opening batsman and occasional captain of the India national team, he captains Punjab Kings in the Indian Premier League and plays for Delhi in first-class cricket. For his notable contributions to the Indian Men's National Cricket Team, Shikhar Dhawan was awarded the prestigious Arjuna Award by the President of India in 2021.For further details - Mr Amitesh Shah,Da One Global Ventures E: ceo@daonegroup.org Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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International Cricketer Shikhar Dhawan announces $75M Global Investment Sports Tech Fund

ABU DHABI, UAE, Dec 13, 2022 - (ACN Newswire via SEAPRWire.com) - On day one of the prestigious Abu Dhabi Finance Week (ADFW), leading international cricketer and entrepreneur Shikhar Dhawan announced that he would be launching a $75 million Global Investment Sports Tech Fund, consisting of a Greenshoe option of $25 million. The proposition is a multi-stage fund, Da One Global Ventures (DOGV), incorporated in Abu Dhabi Global Market (ADGM) and focusing on innovation across the Sports spectrum. ADGM is home to a growing number of international institutions, its vibrant business ecosystem underpinned by a robust regulatory framework. International Cricketer Shikhar DhawanInternational Cricketer Shikhar Dhawan announced $75 Million Global Investment Sports Tech Fund; Da One Global Ventures - a multi-stage fund being incorporated at Abu Dhabi Global Market (ADGM)This is the first VC fund organized by an Asian sportsperson and first by an Indian celebrity. The announcement by Shikhar Dhawan, his partners, and the DOGV team, came on 14th November during ADFW at the LP-GP Summit, an invite-only event hosted by 256 Network (a private organization for LPs/GPs worldwide). Held at ADGM, the international financial event draws an audience of global financial market leaders from a wide array of backgrounds who gather to address strategic macroeconomic and financial topics that will shape global, regional and industry perspectives and themes for the years to come.Shikhar Dhawan is one of the most reputed names in the cricket world, and he has established a globally enriched and seasoned founding team that will lead the fund's investment thesis across the spectrum of Sports to include Technology, eSports, Gaming, Web3 & more. The deployment of funds will be global in nature, as is the LP community. The fund will also have other prominent sporting personalities from across the Globe representing multiple sports as LP Ambassadors. Through this unique network of GP's and LP's (General Partners, Limited Partners), Da One Global Ventures (DOGV) will provide unprecedented access to an ecosystem worldwide which will accelerate and mobilise new propositions with unique positioning."I am elated to start a new inning and embark on this journey in the world of venture capital. All this would not have been possible without the support of my commercial partners and the founding team's commitment to this fund, in readiness for this week's announcement and targeted deployment in Q1 2023-24. Da One Global Ventures (DOGV) will go beyond traditional investing models and will provide domain knowledge unprecedented access to sporting ecosystem across the globe. We are making a humble beginning but aim to scale this to greater heights and aspire to set new benchmarks for leading in Venture Capital, Sports and Technology. I have much gratitude to sports & I look forward to the contribution of this fund to the economic strength and growth of Sports," said Shikhar.Shikhar is known as an Indian cricketer, a left-handed opening batsman and occasional captain of the India national cricket team, and he captains Punjab Kings in the Indian Premier League and Delhi in first-class cricket. For his notable contributions to the Indian Men's National Cricket Team, Shikhar Dhawan was awarded the prestigious Arjuna Award by President in 2021.This year has been spectacular year for SportsTech with investments to the tune of $12 billion already. That is more than the total of the preceding three years combined and covers multiple segments, illustrating the rapid growth in this dynamic industry. Da One Global Ventures (DOGV) is in active discussions with various relevant stakeholders across the globe and further developments will be announced in due course. Da One Global Ventures (DOGV) will also incubate a SportsTech Accelerator & eSports Venture studio as distinguishing verticals within its platform.For further details, get in touch with Mr. Amitesh Shah, email: ceo@daoneglobal.vc. https://daoneglobal.vc/. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Alexander Bojer is appointed new CEO of Inacta AG as of January 2023

ZUG, SWITZERLAND, Nov 8, 2022 - (ACN Newswire via SEAPRWire.com) - The Board of Directors of Inacta Group AG ("Inacta") has elected Alexander Bojer as a new member of Inacta's group management. He joins Ralf Glabischnig and Marco Bumbacher on the management team from 1 January 2023.Alexander BojerAs CEO of Inacta AG, Alexander will continue to drive forward Inacta's core operating businesses of consulting and product development. Ralf Glabischnig will focus on the further growth of Inacta Ventures and take care of the overall development of the group. Marco Bumbacher will continue to manage the corporate functions of the Inacta Group and act as COO of Inacta AG.Founded in 2009 by Marco Bumbacher and Ralf Glabischnig, Inacta AG is an expert partner for digital transformation and innovation. Leading Swiss companies rely on Inacta's digitalisation know-how and products. For the past five years, Inacta has additionally focussed on blockchain and related areas of innovation, where it plays a pioneering role.Inacta Ventures is the Inacta Group's own venture-building structure that identifies new business models, designs business models and transfers them into its own start-ups or joint ventures. At the end of 2021, Inacta included 15 majority-owned companies and more than 40 minority-owned companies. In addition, expansion into the Middle East was pursued and a new investment company, Crypto Oasis Sentio, was founded in Dubai, which has already made over 30 investments in start-ups.From 2002 to 2013, Alexander Bojer held a number of roles, including as a management consultant at Accenture and The Boston Consulting Group (BCG). Since 2014, he has co-founded several technology start-ups and was most recently responsible for building the health start-up, Well Gesundheit, AG as its CEO. Alexander Bojer says, "I am very much looking forward to shaping the great success story of Inacta together with the two founders, the board of directors, the management team and all employees." Ralf Glabischnig says, "With these new structures we have the right people in key positions to continue to successfully drive the Inacta Group forward. Thanks to this new management organisation I have the opportunity to focus even more on strengthening and growing Inacta Ventures at home and abroad." Daniel Sauter, Chairman of the Board of Directors of Inacta Group AG: "With Alexander, we have been able to gain a competent and experienced CEO. With his broad expertise as an entrepreneur and consultant, he will further advance our core business of consulting services and product development."About Inacta GroupInacta Group stands out from its peers with its innovative services and products related to digital transformation, blockchain-based business models and information management and is involved in the international venture business with offices in Switzerland and the United Arab Emirates. The Inacta Group emerged from the fast-growing Inacta AG - an independent Swiss IT company founded in Zug in 2009. It owns stakes in international start-ups and service providers with a focus on blockchain, digital assets, fintech and artificial intelligence.Press contact:Jennifer Arman+41 41 725 08 86jennifer.arman@inacta.ch Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Avi8ted Ventures Showcase Washington, D.C.’s Progress as a Global Emerging Tech Ecosystem for BIPOC and Women Founders

Washington, D.C., Jul 25, 2022 - (ACN Newswire via SEAPRWire.com) - Avi8ted Ventures, a DC-based impact innovation ecosystem operating at the intersection of Real Estate, Tech, and Culture to host DC's Futurist Startup Showcase, bringing investors and partners together with BIPOC and Women Founders. Avi8ted Ventures, Ying Skillsharing, and Jentry Search will showcase sustainable community harnessing business models that leverage technology and economics for the sake of the people, while providing Futurist insight on the Human Experience. The goal of the event is to raise both capital and awareness, while connecting Avi8ted Thought leaders such as investors, professionals, politicians, artists, and activists passionate about elevating the human experience for all."Crunchbase data shows that Black founder's received less than 1.4% of U.S venture investment last year and currently. Washington, D.C is becoming one of the best places to build a startup, but most of the BIPOC and Women early-stage entrepreneurs we speak to aren't aware of the local resources that are available to elevate them," says Avi8ted Ventures CEO, Charlton Woodyard II. "The Avi8ted Ventures showcase is a catalyst to empower the BIPOC and Women startup ecosystem," Woodyard II continues. Avi8ted will be previewing their custom Avi8ted House app, the digital home of the Avi8ted network and ecosystem.Join us as Avi8ted Ventures, YING, and Jentry present sustainable community-harnessing business models that leverage technology and economics for the sake of the people. Music, Hors d'oeuvres and drinks provided! DC's Futurist Startup Showcase is an evening of connecting, investing and building a better future that will occur on Saturday, July 30th at the Pierce School, NE Washington DC. This is a private event that will begin punctually at 3:00pm. About Avi8ted VenturesFounded by Charlton Woodyard II in 2008, Avi8ted Ventures is a BIPOC owned/operated impact innovation ecosystem operating at the intersection of real estate, tech, and culture as a Real Estate fund with 20% discretionary towards Private Equity/Venture.Avi8ted Ventures is committed to developing a social ecosystem for elevated ideas to thrive worldwide. For more information visit Avi8tedthoughts.com.For more information about Avi8ted House: https://avi8tedhouse.com/ For more information about Membership: https://www.Avi8ted.life/For more information about Charlton Woodyard II: https://www.charlton.global/Contact info@av8t.co Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Singapore-Headquartered Cake DeFi Launches US$100 Million Venture Capital Arm

SINGAPORE, Mar 11, 2022 - (ACN Newswire via SEAPRWire.com) - Cake DeFi, a Singapore-based fintech platform that makes DeFi (decentralised finance) services and applications accessible for everyone, has launched Cake DeFi Ventures (CDV), its venture capital arm with US$100 million in earmarked capital.Cake DeFi Ventures (CDV) is looking to invest in technology startups in Web3, gaming and fintech - especially those in the metaverse, NFT, blockchain and esports industries - that will bring synergistic value to Cake DeFi's core business. Based in Singapore, CDV will look for global investment opportunities in startups around the world.CDV is led by Cake DeFi's Co-founders Dr Julian Hosp (Chief Executive Officer) and U-Zyn Chua (Chief Technology Officer) along with newly appointed Investment Partner Nicholas Khoo:- Dr Julian Hosp is a seasoned blockchain entrepreneur, widely regarded as a leading influencer in the crypto and blockchain space. His vision is to bring blockchain awareness and understanding to a billion people by 2025.- U-Zyn Chua, a blockchain engineer, enthusiast and investor for over a decade, was a Smart Nation Fellow on blockchain for the Singapore government. He was also the Lead Architect for the world's first Central Bank Digital Currency (CDBC) - the Sand Dollar in the Bahamas.- Nicholas Khoo brings over 20 years in the tech sector with diversified experience in startups and multinationals such as Visa. For more than ten years, Nicholas has invested in a number of successful and fast-growing tech startups and has also served on the investment committees of investors such as the Global Fund.Portfolio companies of CDV will receive strong support from Cake DeFi's global and experienced leadership team, and the opportunity to access Cake DeFi's connections, resources and expertise within the global blockchain industry."By launching Cake DeFi Ventures, we want to bring cryptocurrency and blockchain capabilities to the world. Cake DeFi is one of Southeast Asia's fastest-growing fintech platforms. The projects that we invest in can expect to receive strong support scaling globally," said Dr. Julian Hosp, Co-founder and CEO of Cake DeFi.Deploys First Strategic Investment into US-Based 'The Edge Of Company, Inc.'At the time of CDV's launch, the firm was in early to late-stage discussions with a number of global startups, including those in Southeast Asia, the U.S. and Europe. For its first strategic investment, Cake DeFi has selected tech, media and events startup, The Edge Of Company, which has been building the community and ecosystem for the NFT and Web3 space."The entire team at The Edge Of Company is honored to have Cake DeFi Ventures as part of the Edge family. Their know-how, relationships, and strategic insights will help propel this Web3 rocketship to new heights across our platform of tech, media, and events," said Jeff Kelley, Co-Founder, The Edge Of Company, Inc."As an extension of our multiple blockchains support and having built up an R&D arm with cryptography deep tech capability, investing in companies that bring synergies to Cake DeFi's core business will allow us to enhance and broaden our Web3 offerings," said U-Zyn Chua, Co-founder and CTO of Cake DeFi.To apply for funding from CDV, please email contact@cakedefi.vc with the project details. CDV will be in touch with shortlisted projects. Venture capital firms or investment funds interested in co-investment opportunities or strategic partnerships may also reach out for further discussion.ABOUT CAKE DEFI Cake DeFi is a fully transparent, highly innovative and regulated fintech platform dedicated to providing access to decentralised financial services and applications by enabling users to generate returns from their crypto and digital assets. It is operated and registered in Singapore and is fully compliant with all regulatory requirements of the Monetary Authority of Singapore (MAS).By enabling and empowering its users to harness the potential of decentralised finance (DeFi), Cake DeFi aims to educate and inform people around the world on crypto and DeFi in a simple, easy to understand and hassle-free manner.In 2021, Cake DeFi saw a tenfold growth in its registered customer base, with over US$1bn customer assets. In the same year, Cake DeFi's customers received over US$230 million in rewards.ABOUT THE EDGE OF COMPANY, INC.A media, events, and tech venture, The Edge of Company launched in 2021 with the Edge of NFT Podcast and has since created the NFT LA conference. NFT LA hosted March 28-31, 2022 will be the largest NFT & Web3 gathering in Southern California, and at over 100 episodes the podcast continues to feature "the top 1% in NFTs today and what will stand the test of time." Believers in economic structures that value the attention of every participant, the company leverages its three founders' experiences in various domains including blockchain, fashion, real estate, music, neuroscience, foodtech and high-growth startups to catalyze co-creation in the Web3 and NFT space.For Media Enquiries, Please Contact:cakedefi@preciouscomms.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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1982 Ventures backs Indo AgriTrading Marketplace PasarMIKRO

JAKARTA / SINGAPORE, Jan 14, 2022 - (ACN Newswire via SEAPRWire.com) - 1982 Ventures has invested in PasarMIKRO, an Indonesian-based Agri Commodity Marketplace startup that empowers disadvantaged farmers by simplifying transactions for both farmers and traders.Since their pilot in December 2020 PasarMIKRO has helped farmers to trade and finance the distribution of over 5,000 tonnes of eggs and other commodities. Image Credits: Dien Wong (Co-founder and CEO of PasarMIKRO) with customers.PasarMIKRO'S app allows farmers and traders an easy way to manage existing trading relationships and discover new traders on the platform. Image Credits: Detik.com.- PasarMIKRO has raised funds from 1982 Ventures and prominent angels.- PasarMIKRO is an ag-tech startup aiming to disrupt Indonesia's USD$130B agriculture market by connecting farmers and traders.- PasarMIKRO will use the funds to expand its team and to reach out to more farming communities in Indonesia.PasarMIKRO was founded by former Altermyth co-founder Dien Wong. Since their pilot in December 2020 the company has helped farmers to trade and finance the distribution of over 5,000 tonnes of eggs and other commodities. Despite the effects of the pandemic, Indonesia's USD$130 billion agriculture market remains one of the top industries ripe for disruption.Dien Wong states, "PasarMIKRO is looking after Indonesia's main providers, farmers and traders who are often overlooked. We are transforming the landscape for a more inclusive digital economy. We foresee that with the digitization of the ecosystem, it will enable a scalable future food value chain."The Indonesian-based company provides various services for farmers and traders for their daily transactions such as bookkeeping, lending, and marketplace for farmers and the ecosystem to sell their products easily without limitations.PasarMIKRO has established partnerships with Bank Rakyat Indonesia (BRI), one of Indonesia's largest banks, and Rabo Foundation, a social fund backed by European agricultural bank Rabo Bank with a mission to give smallholder farmers the prospect of a sustainable future.Herston Elton Powers, Managing Partner of 1982 Ventures stated, "Unlike other platforms, PasarMIKRO works with the entire supply chain to enable more efficient agricultural financing and transactions. We have not seen an inclusive financing model in Southeast Asia achieve what appears to be such a product-market fit, and begin scaling as early as PasarMIKRO. PasarMIKRO is incredibly capital efficient and has seen impressive disbursement growth since day one."Scott Krivokopich, Managing Partner of 1982 Ventures stated, "Indonesia's agriculture ecosystem is massive and long overdue for modernization. Dien's decades of experience in game development and time spent in the field with farmers is the driving force behind PasarMIKRO's impressive growth."The funds will be used to expand PasarMIKRO's team and reach out to more farming communities in Indonesia.For media enquiries:dienw@pasarmikro.idAbout PasarMIKRO: PasarMIKRO is a business-to-business aggregated agriculture marketplace with integrated financing facilities. The platform aims to simplify the transaction of farmers and traders in Indonesia's agriculture market. For more information visit: https://www.pasarmikro.id.About 1982 Ventures: 1982 Ventures is the leading seed fund investing in fintech startups in Southeast Asia. Our focus makes us the first port of call for fintech founders and the first money in. Our investments include Southeast Asian Open Banking API Platform Brick, Indonesian Personal Finance App Pina, Indonesia's first Earned Wage Access platform Wagely, Philippine MSME book-keeping app Lista, Vietnam's leading investment platform Infina, Vietnam's leading "Buy Now, Pay Later" Fundiin, Vietnam's Rent-to-Own Home Financing app Homebaseand Singapore's automated financial data delivery platform Bluesheets.1982 Ventures is investing in and supporting the best founders to positively impact the future of financial services in Southeast Asia. For more information visit: https://1982.vc. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Singapore’s 1982 Ventures Raises US$12.5M in the First Close of Seed Fund

SINGAPORE, Dec 16, 2021 - (ACN Newswire via SEAPRWire.com) - 1982 Ventures, a leading early-stage venture capital firm in Southeast Asia, has announced the initial close of its first seed stage venture fund with US$12.5 million in committed capital. The fund is targeting to raise a total corpus of US$15 million.Scott Krivokopich and Herston Elton Powers, Managing Partners of 1982 Ventures, Southeast Asia's leading seed fund which is focused on fintech. (1982 Ventures)Established in early 2020, 1982 Ventures is a Southeast Asia focused venture capital fund that invests in seed stage fintech startups in Southeast Asia. The fund was recently identified as the most active Southeast Asia based fintech investor of 2021 (UOB). The firm's portfolio has made a return of over 3x, with early and first round investments in Indonesian open banking player Brick, Vietnamese retail investment platform Infina (YC S21), home financing proptech Homebase (YC W21), Singaporean automated financial data platform Bluesheets and Southeast Asia's first earned wage access platform Wagely. Their first fund has been backed by US fintech unicorn Carta, Asia's leading multinational Genting Group's Venture arm, US fund of funds First Close Partners and Rally Cap and major Indonesian family office Trihill. The backers of 1982 Ventures include Southeast Asian, European and American family offices, fintech founders, senior executives of tech and financial services companies and GPs of other VC funds including Sheel Mohnot (founding GP of 500 Fintech and Better Tomorrow Ventures) and unnamed GPs at major Southeast Asian VC funds. Herston Elton Powers, Co-founder and Managing Partner of 1982 Ventures stated, "Seed stage fintech in Southeast Asia is a clear once in a generation opportunity. Our focus and credibility with founders make us first money invested and the partner of choice for fintech entrepreneurs in the region." He continued, "Our investors have access to the highest quality deal flow and as a result of their commitment to 1982 Ventures, have directly participated in the region's most competitive fintech rounds." JunYuan Tan, Co-Founder and CEO, of Homebase (a 1982 Ventures portfolio company) stated "1982 Ventures was one of our earliest institutional investors. They have been super helpful even up till today. In fact, 1982 Ventures has by far made the most number of quality introductions to us, especially for lenders, and it's not even close. 1982 Ventures' investment is one of the best money we've ever taken."Southeast Asia represents a once in a generation opportunity with half a billion consumers waiting for financial services. The region is experiencing rapid urbanization and has some of the world's highest technology adoption and mobile and internet penetration rates. Southeast Asian fintech startups represent more than US$10 billion in unrealized value, with 100 projected fintech exits in the coming years (Dealroom). Ian Sulaiman, Vice President, of Trihill, stated "1982 Ventures is filling a critical gap in the VC market with their focus on seed stage fintech companies. The GPs understand how to invest in Indonesia and across the region. Scott and Herston have impressed us with their company selection and we have confidence in the judgement." Going forward, the firm is looking to invest in a total of 30 start-ups primarily in the fintech sector across Southeast Asia. The firm has a core focus on Indonesia, Vietnam, Singapore and Philippines with the ability invest across the region and opportunistically in Pakistan and Bangladesh. Scott Krivokopich, Co-Founder and Managing Partner of 1982 Ventures stated, "We are on track to realize our goal of becoming the best performing fund in the region and we are encouraged by the support from the global investment community in backing 1982 Ventures." He continued, "We have seen the incredible rise of fintech in China, India, Latin America, Africa and the West -- now is the time for Southeast Asian fintech to lead the way."Both Herston and Scott are former executives of tryb Group, a Southeast Asian fintech investor, and have each been in Asia for well over a decade. Scott Krivokopich was previously the Head of Investments at tryb Group and prior to that established Moore Stephens Corporate Finance business in China, advised on M&A for Southeast Asian fintech transactions, worked with Micro-Finance pioneer Grameen Bank. Scott started his career in New York working for PwC Structured Credit and Derivatives Advisory. Herston Elton Powers, an INSEAD graduate in Singapore, previously led investments, operations and investor relations at tryb Group. He is credited as the first institutional investor in Indonesia's leading fintech and Neo bank Alami. Prior to becoming a VC investor, Herston was a banker at the Bank of New York Mellon (BNY Mellon) in New York, Hong Kong and Singapore where he was Head of Southeast Asia and worked on numerous Chinese, Indian and Southeast Asian listings on NYSE and Nasdaq. He also supported the founding of a global fintech company based in Europe. "1982 Ventures has proven its ability to source and invest in the best fintech start-ups in the region." stated Scott Krivokopich. He continued, "Our mission is clear to back the next generation of unicorns which will come from the fintech sector in Southeast Asia." 1982 Ventures expects to announce the final close of its first seed fund soon and is only open for investment from strategic investors to participate in a "greenshoe option" as the fund is already oversubscribed ahead of its final close.About 1982 Ventures1982 Ventures is the leading seed fund investing in fintech start-ups in Southeast Asia. 1982 Ventures focuses on being the first port of call for fintech founders and the first money in.1982 Ventures investments include Bluesheets, Brick, Fundiin, Go Zayann, Homebase, Hugo, Infina, Lista, Nextpay, Pina and Wagely. 1982 Ventures is investing in and supporting the best founders to positively impact the future of financial services in Southeast Asia.For more information visit: https://1982.vc.For Media Enquiries:Herston@1982.vcQuotes From Investors And Portfolio Companies Of 1982 Ventures (In Alphabetical Order): Carta:Davis Thacker, Director and Head of Carta Ventures, of Carta stated "Southeast Asia is a new and critical market for Carta. 1982 Ventures is a strategic investment for Carta and the perfect partner as we look to expand our fintech partnerships in the region. First Close Partners:Carolina Huaranca Mendoza, General Partner of First Close Partners, stated "Our firm is always on the lookout for best in class fund managers from underrepresented backgrounds across the globe. Herston and Scott have built an impressive firm with a strong vertical focus in fintech in Southeast Asia which really stood out to us. We are proud to be investors and tremendously excited to follow their progress as they continue to build their venture franchise. Our hope is that more underrepresented fund managers follow 1982's lead and are inspired to invest in emerging markets." Gavin Tan of Brick:Gavin Tan, Co-Founder and CEO, of Brick stated "1982 Ventures led our first VC round and Brick has been incredibly fortunate to have an investor that lives and breathes fintech and is always ready to support us with investor, customer and talent introductions." Genting Ventures (Genting Group Corporate Venture Arm):Josie Lai, Head of Genting Ventures, stated "1982 Ventures is a pure-play fintech investor that brings key insights and co-investment opportunities that are aligned with our group's strategy." James Vuong of Infina (YC S21):James Vuong, Founder and CEO, of Infina stated "On our first call it was clear that Herston and Scott understood our business model and what we are building at Infina. For a solo founder it is invaluable to have a team you can call for anything, has real experience and expertise, and likes to move fast and get things done." He continued, "Even after our successive fund raising rounds they continued to support Infina by identifying and helping us recruit our Chief of Staff!" JunYuan Tan of Homebase (YC W21):JunYuan Tan, Co-Founder and CEO, of Homebase stated "1982 Ventures was one of our earliest institutional investors. They have been super helpful even up till today. In fact, 1982 Ventures has by far made the most number of quality introductions to us, especially for lenders, and it's not even close. 1982 Ventures' investment is one of the best money we've ever taken." Sheel Mohnot of Better Tomorrow Ventures:Sheel Mohnot, Co-Founder and General Partner, of Better Tomorrow Ventures, stated "We are a global fintech fund and have seen how fintech transforms all markets. 1982 Ventures was the clear choice for a fund to provide us an on-the-ground partner that understands fintech in Southeast Asia." Trihill Capital:Ian Sulaiman, Vice President, of Trihill, stated "1982 Ventures is filling a critical gap in the VC market with their focus on seed stage fintech companies. The GPs understand how to invest in Indonesia and across the region. Scott and Herston have impressed us with their company selection and we have confidence in their judgement." Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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九诺医疗获取国内首款十四天实时持续葡萄糖监测系统 (CGMS) 注册证

HONG KONG, Nov 4, 2021 - (亚太商讯 via SEAPRWire.com) - 2021年11月3日，持续葡萄糖监测 (CGM) 行业领军企业九诺医疗宣布，公司旗下“顾得康”GN-I持续葡萄糖监测系统 (CGMS) 获得国家药品监督管理局 (NMPA) 审批上市。“顾得康”GN-I成为国内首款获批的十四天实时持续葡萄糖监测系统(CGMS)，主要性能媲美全球领先产品，实现了该领域产品技术的重大突破。该产品可实现长达14天的持续葡萄糖监测，性能稳定，监测精度(MARD=9.38%)，是九诺针对中国市场推出的专业级CGMS产品。通过公司内部产品交互协同，更可实现免校准功能。同时该产品操作简单，满足居家使用需求，使得广大糖尿病患者血糖管理变得更加智能、精准和便捷。为改善中国糖尿病患者的血糖控制提供了新的医疗选择。据悉，九诺医疗已于2019年6月获取欧盟准入CE证书，启动海外市场销售。目前九诺医疗的 CGMS 产品正同步在15个海外国家进行销售，其优良性能获得了全球用户的广泛认可。根据国际糖尿病联盟 (IDF) 的估计，2019 年全球糖尿病患病人数共约4.87亿人, 日益成为严重威胁人类健康的全球性慢性疾病。随着社会经济的发展和人们生活方式的改变, 我国的糖尿病发病率更是迅猛攀升，中国已经成为全球糖尿病第一大国，糖尿病患病人群达到1.19亿。受到人口老龄化、饮食不健康、城市化加速、运动量少等因素影响，IDF预测全球和中国的糖尿病人数将持续增加。如何有效控制血糖，提高患者生活质量已经成为对当代临床医学的重要挑战。血糖监测是糖尿病管理中的重要组成部分，其结果有助于评估糖尿病患者糖代谢紊乱的程度，制定合理的降糖方案，反映降糖治疗的效果并指导治疗方案的调整。持续葡萄糖监测系统 (CGMS) 通过葡萄糖传感器监测皮下组织间液的葡萄糖浓度变化，可以提供更全面、更持续的血糖信息 (一般每隔1-5分钟更新血糖水平数值，可提 供回顾性或实时血糖水平信息)。相比传统的指血血糖仪，使用CGMS进行血糖监测，患者无需扎破手指取血，减少痛苦。同时，CGMS提供连续的血糖“线”数据，具有无监测盲区、动态实时数据分析、实时报警等优势，成为血糖监测领域的革命性产品。随着CGMS产品技术的进步和应用场景的开拓，过去五年CGMS行业迎来了飞速发展，成为令人瞩目的高速增长的蓝海产业。来自港交所的数据显示，过去5年其市场规模由2015年的仅17亿美元增长到2020年的57亿美元，年复合增长率达28.2%，并有望于2030年增长至365亿美元，年复合增长率达20.3%。其中中国市场是增长最快的地区市场，过去5年中国CGMS市场规模由2015年的仅878万美元增长到2020年的1亿美元，年复合增长率高达73.2%,预计到2030年中国CGMS产品市场规模将增长到26亿美元，年复合增长率34%。德康，雅培，美敦力三家美国巨头公司占据了全球市场几乎100%的份额。在中国CGM市场，雅培和美敦力两家公司也几乎占据了90%以上的市场份额。但由于进口产品相对较高的产品价格，国内CGMS产品在患者人群中的使用率不到发达国家的十分之一。九诺医疗推出的“顾得康”CGMS产品将有望在这一领域打破欧美企业的长期垄断，大幅减少医疗费用支出，提高人们的生活质量。九诺医疗成立于2016年，是一家专注于持续葡萄糖监测（CGM）产品技术的全球性创新型企业。其生产基地位于江苏南通，在苏州、伦敦两地设有技术研发中心，并在荷兰阿姆斯特丹设有海外销售中心。成立五年来，九诺医疗实现了飞跃式的快速发展，聚焦半透膜材料、脱氢酶技术、血糖预测算法、数据挖掘与交互、软针输送系统、无线传输系统和生态系统等方面的突破性研究，公司CGM产品各项参数均达到行业领先水平。九诺医疗的优异表现，受到了众多头部医疗创投资本的热捧。成立5年来，九诺先后完成了数轮融资，更是在今年6月完成规模达到数亿元的C轮融资。目前公司机构股东包括：正心谷，景旭创投，祥峰投资，荣安创投，泰福资本，高瓴创投，惠每资本，中原前海基金，云锋基金，聚明创投，生命资本。公司正加紧推进全球化生产基地的建设，预计2023年建成全球第一条基于脱氢酶技术和印刷工艺的全自动化生产线，设计产能将达到每年1200万件。届时，九诺医疗有望成为全球首家基于脱氢酶技术的CGM商业化量产企业，成为国内CGMS行业的领军企业。九诺医疗创始人程荣恩先生表示，“我们很高兴“顾得康”GN-I持续葡萄糖监测系统能获得NMPA批准上市，将给中国广大的糖尿病患者带来更多选择，这也是九诺医疗公司发展的重大里程碑。相信通过九诺医疗的优秀营销团队和在本土市场的丰富经验，能将这款产品带给更多的糖尿病患者，帮助他们进行更有效的糖尿病管理，提升其健康水平和生活质量。通过持续自主研发创新，九诺医疗将致力于推动CGM产品技术在更多领域的应用，赋能糖尿病管理和护理相关全产业链。”相关投资机构： 正心谷正心谷始终坚持“长期、专注、利他”的投资价值观，致力于建立中国最优秀的投资研究团队和投后管理团队，覆盖新消费、医疗健康和先进制造三大领域，通过深度产业研究和投后主动赋能，陪伴优秀的企业家，共同打造代表中国经济未来成长方向、为社会创造价值的伟大企业。自2015年成立以来，正心谷已投资了一批代表中国经济未来发展方向的优秀企业，包括Bilibili、字节跳动、泡泡玛特、完美日记、网易云音乐、江小白、君实生物、诺诚健华、和誉医药、科济药业、臻和科技、复宏汉霖、中控技术、八亿时空、鹏鼎控股、昂纳科技、紫光展锐等70余家优秀头部企业。景旭创投景旭创投是一家专注于医疗健康领域的投资机构，致力于围绕医疗健康产业链发掘优质企业并助力企业快速成长的价值投资。自创立至今，景旭创投不断完善在创新医疗器械、制药研发、精准医疗、连锁医疗服务等细分领域的投资布局，投资组合包括莱诺医疗、澎立生物、九诺医疗、鹍远生物、傅利叶智能等。祥峰投资祥峰投资 (Vertex Ventures) 成立于1988年，是亚洲最早的风险投资机构之一，亦是新加坡淡马锡控股 (Temasek Holdings) 的成员机构。祥峰投资以新加坡为基地，在中国、美国、以色列、印度等创业活跃国家皆设有分支机构。祥峰投资中国基金 (Vertex Ventures China) 于2008年在华开展早期风险投资业务，目前在北京、上海、深圳设有办公室，旗下有多支美元基金和人民币基金，管理规模超100亿元人民币。祥峰中国在医疗健康领域广泛布局，投资案例包括微芯生物、和铂医药、凤凰医疗集团、瑞科生物、精锋医疗、创响生物、锐格医药、九诺医疗、海鹚医疗等。荣安创投荣安创投于2014年9月在北京设立，专注于孵化和支持医疗健康领域的创新创业项目。荣安创投旗下目前发起和管理的医疗基金，定位于专业的早期风险投资，专注于医疗行业，投资于极具潜力的医疗器械、生物技术、创新药物研发及医疗健康类企业。荣安创投力争成为中国最具竞争力的医疗风险投资基金管理机构，曾先后获评为36氪中国医疗健康领域新锐投资机构TOP10、中国最受LP欢迎早期投资机构TOP50等。泰福资本泰福资本聚焦于生命科学领域的风险投资，主要投资有潜力的早期及成长期企业。通过多元化、战略性布局，选择优质的合作伙伴，期望在中国生命科学的快速发展中把握机会。投资团队在这些领域有多年经验及行业资源，希望与被投资企业共同快速成长。高瓴创投高瓴创投(GL VENTURES)是高瓴旗下专注于早期创新型公司的创业投资平台，覆盖硬科技、软件、生物科技、新材料、新兴品牌、消费科技等重点领域。高瓴创投寻找一切热爱技术、相信创新的创业者，我们希望成为创业者寻求融资时的FIRST CALL，更期待能长期陪跑创业者的创业旅程。惠每资本惠每资本是一家专注于医疗健康投资的专业基金。依托于惠每医疗集团的生态圈优势，多维度、立体化地投资于医疗健康生态系统，致力于打造具有国际视野及本土执行力的专业投资平台，帮助早期和成长期医疗健康企业快速成长。我们与高速成长中的创新型医疗健康企业紧密合作，以全球化的视角，为每一个成员提供完善的战略性增值服务和系统化赋能，与卓越的创业者们分享惠每资本在全球的商业网络与资源体系。中原前海基金中原前海基金成立于2019年，规模50亿元，基金采取独特的“母基金+直投”商业模式，投资方向覆盖信息科技、智能制造、互联网、消费品/现代服务、生物技术/健康、新材料、新能源/节能环保等领域。基金累计投资60余个直投项目及7个基金。云锋基金云锋基金成立于2010年，致力于成就面向未来的优秀企业，陪伴企业共同创造长期价值，共建美好未来。云锋基金关注硬科技、企业服务、绿色能源、现代农业、生物科技、消费等领域，和创业企业一起推动技术创新与可持续发展，助力产业重塑与升级。聚明创投聚明创投成立于2018年，专注于与创新药、生物技术和医疗器械（含诊断）领域的优秀企业同行，陪伴创业家成长，并服务于大量未被满足的临床需求。目前，聚明创投管理5支基金、规模约20亿人民币。自成立至今，聚明创投先后被评为智银资本“投资苏州”最强机构排行榜第一名、2021第五届医疗健康投资卓越榜年度医疗健康最佳早期投资机构、多次被评为苏州工业园区引导基金优秀合作基金等。聚明创投已累计投资近40家公司，包括新药创制、生物技术、医疗器械和诊断试剂等领域，多家公司计划于18个月内上市。生命资本生命资本是中国领先的，专注于大健康领域的金融服务机构。旗下涵盖投资银行，及风险投资业务，致力于成就健康领域未来的行业领袖。团队成员来自知名投资银行、学术机构及医疗企业，在医疗及投融资领域有数十年的积累。过去4年里，团队完成了数十个医疗行业的融资及并购，累计金额数百亿元人民币，涵盖新药研发、医疗器械、诊断、消费医疗、智慧医疗、健康险等各个细分领域。公司于2021年被动脉网评为医疗行业年度财务顾问机构。在2020年著名金融大数据机构企名科技举办的中国财务顾问机构评选中，生命资本入选 中国医疗健康领域 财务顾问机构排行榜Top3。 Copyright 2021 亚太商讯. All rights reserved. (via SEAPRWire)

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Pacer Ventures announces Pacer Labs, Pan-African software development firm

LAGOS, Oct 4, 2021 - (ACN Newswire via SEAPRWire.com) - Sub-Saharan Africa venture firm Pacer Ventures is set to further unlock the power of digital transformation in Africa with the launch of Pacer Labs, a software development firm born to support the African digital ecosystem and the growth of forward-looking organisations by harnessing the power of advanced technologies.Projections indicate that Africa will be the world's next tech talent center due to the emerging mobile population. This in turn inspires Pacer Labs' confidence for the future market in Africa, positioning them at the forefront of the push towards maximising the tech talent of the African economy.Ray Sharma, Chairman, Pacer Labs and Founder, Extreme Venture Partners and XtremeLabs, says "Pacer Labs aims to become Africa's leading software development firm as measured by sales and employees by 2025, leveraging the success of XtremeLabs and a soon-to-be-announced global partner for the success of Pacer Labs and its customers. Africa has risen. Pacer Labs is set to help deliver efficiency and digital transformation."The true acceleration potential of the African continent lies in the rapid spread of mobile digital technology, which will help the region in economic development. Mobile technologies and services generated 9% of GDP in sub-Saharan Africa in 2019, representing $155 billion in economic value-added. This figure will reach $184 billion by 2024.Gbemi Akande, Director, Pacer Labs, speaking on the launch stated "The creation of Pacer Labs is deeply rooted in the organization's belief in the African continent. Pacer Ventures and Pacer Labs are positioned in such a way that they will help deepen the development of technology in Africa.""Pacer Labs will ensure that the development needs of organizations and governments are met in a timely and cost-effective manner, while soon-to-be-launched Pacer University will be another curated platform by Pacer Ventures to equip startups and executives with the required technology skills," said Geoffrey Weli-Wosu, General Partner at Pacer Ventures and Co-Founder of VoguePay. This means that the organization will support in solving some of the most critical problems on the continent while facilitating the development of African enterprises, primarily early-stage startups, mid-market enterprises and large corporates through experience design, product development, engineering and digital transformation.Chukwuemeka Fred Agbata, regional director of Founder Institute in Africa and General Partner at Pacer Ventures noted, "It is due to the rapid growth of startups in Africa that world-class development companies like Pacer Labs are born, while Founder Institute will ensure that forward-looking startups are given the opportunity to get access to world-class development tools and resources that will aid their continuous growth."The end-to-end solutions provided by Pacer Labs will help enterprises design, build and scale solutions that drive customer satisfaction, streamline operations and gain a competitive edge on both existing products or a new application. The Lab intends to partner with clients to tackle the toughest challenges and bring ideas to life. Enterprises will be supported by a team of experienced designers, engineers and product managers to deliver state-of-the-art products from operations bases in Lagos, Johannesburg, Cairo and Nairobi. About Pacer LabsPacer Labs is a software product development firm that uniquely blends digital transformation, product development and design. The firm is focused on helping ambitious African companies leapfrog their innovation mandate: a uniquely integrated product development firm driven by a singular focus on realizing business impact.Email: info@pacerlabs.coWebsite: https://pacerlabs.co Twitter: https://twitter.com/pacerlabsco LinkedIn: www.linkedin.com/company/pacerlabsco/ About Pacer Ventures LLCPacer Ventures is well-positioned to support the growth of startups within Sub-Saharan Africa. A combination of attributes enables our deal-flow, sourcing and portfolio management which promises realistic returns to ourinvestors.Pacer email: info@pacer.vc Official website: https://pacer.vc/ Pacer blog: https://pacer.vc/blog/ Twitter: https://twitter.com/pacerventures LinkedIn: www.linkedin.com/company/pacerventures/ Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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VYSYN Ventures Launches $30 Million Gaming Fund

VYSYN Ventures launches $30 Million fund to support Polygon-based gaming projects Mahe, Seychelles / SEAPRWire / September 21, 2021 / – VYSYN Ventures, a longstanding cryptocurrency venture capital fund, is launching a $30 million fund that will be focused on allocating investments exclusively to the rapidly growing field of blockchain-based gaming. In recent years, VYSYN has allocated significant investments and provided substantial support to a number of gaming-focused projects. After noticing some recent developments and rising interest in blockchain gaming, VYSYN has committed to ramping up it’s investments and support in the field of decentralized gaming. The fund will be mainly focused on supporting gaming projects that are building on the Polygon Network. VYSYN has a long history in the world of decentralized gaming and it has held significant long-term positions in blockchain-gaming projects including Ultra, My Neighbor Alice, and Axie Infinity. VYSYN supported Ultra during its seed round of fundraising 2018 and has provided significant support to the project by helping in areas such as marketing and development resources. Ultra has since grown to rank among the top gaming-focused blockchain projects and currently has a market valuation of over $600 million. Similarly, VYSYN provided significant support to My Neighbor Alice at an early stage by investing during the private sale fundraising round. VYSYN has also been a significant investor in Axie Infinity, the largest blockchain-based gaming project and pioneer of the play-to-earn movement. After noticing the vast potential of Axie Infinity and the earning potential it offered to netizens worldwide, VYSYN strategically built a considerable position in the AXS token by accumulating large amounts on the open market. Due to these acquisitions and the subsequent appreciation and success of Axie Infinity, AXS still represents a significant portion of VYSYN Ventures overall portfolio. VYSYN Ventures anticipates that decentralized gaming will be the next major and sustainable trend in the blockchain industry. Decentralized finance experienced exponential growth in 2020 as it offered users lucrative earning opportunities through participation in decentralized credit markets. Throughout 2020, the total-value locked in DeFi grew by a factor of roughly thirty and has continued to grow to even greater multiples in 2021. Similarly, blockchain-based gaming is offering lucrative earning potential to blockchain users worldwide and is also relevant to a much wider audience. The total number of Web3 wallet addresses associated with the Defi space is roughly 3 million. However, the number of gamers worldwide is over 2 billion and a growing share of these are transitioning into the world of decentralized gaming as they recognize the vast earning potential the space offers.  “The blockchain industry is on the precipice of a major shift. Increasing amounts of value and attention are turning to decentralized gaming as the field innovates and offers more and more opportunities for internet users worldwide. This is particularly evident in the growing play-to-earn movement, which is offering lucrative and sustainable earning opportunities to anyone with an internet connection. VYSYN Ventures anticipates that blockchain gaming will grow exponentially in the coming years and we are establishing the $30 million gaming-focused fund to strategically allocate to this area.” – KVESTOR, VYSYN Ventures CEO The $30 million fund will primarily support gaming projects that are utilizing the Polygon Network as their underlying structure. The Polygon Network offers a low-cost high-throughput settlement layer that is hosting a growing share of cutting-edge decentralized applications. VYSYN has worked closely with the Polygon team in supporting several previous projects and has never ceased to be amazed at the professionalism and skill of the Polygon team. VYSYN wishes to strengthen their collaborative efforts with the Polygon team. For this reason, the fund will mainly support gaming projects that are deploying their technology on Polygon. However, the fund will not be limited exclusively to Polygon and disruptive projects utilizing other chains may also warrant support. Any prospective gaming projects that need comprehensive support and investment can reach out to the fund by emailing hello@vysyn.io. The VYSYN Gaming fund will provide versatile support in areas such as funding, marketing assistance, and connections to entities such as industry influencers and exchanges. VYSYN Ventures foresees the growth in blockchain-based gaming vastly outpacing other blockchain niches in the coming years and it is positioning itself to be a major investor in this field with the launch of this initiative. Media Contact Brand: VYSYN Ventures Contact: Henry Joo, Outlet Seoul Management E-mail: hello@vysyn.io Telephone: +248 / 9871 8864 Website: https://vysyn.io/ Twitter: https://twitter.com/kvestor11 SOURCE: VYSYN Ventures The article is provided by a third-party content provider. SEAPRWire ( www.seaprwire.com ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )

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1982 Ventures Invests in Infina, Vietnam’s ‘Robinhood’ Investment App

SINGAPORE, Jun 28, 2021 - (ACN Newswire via SEAPRWire.com) - Infina, Vietnam's leading digital investment platform, has secured seed funding, raising an oversubscribed 7-digit seed round from 1982 Ventures, Saison Capital, Venturra Capital, 500 Startups, Nextrans and prominent angel investors. Infina, on a mission to democratize investments for Vietnam's population of 97 million, will use the funds to fuel growth and expand its product offerings.1982 Ventures backs Infina, Vietnam-based digital investment platform, in an oversubscribed 7-digit seed round. 1982 Ventures is the leading seed fund focused on fintech in Southeast Asia. [Images: Infina]Infina is well-positioned to tap into the growing retail investing opportunity in Vietnam. Approximately 500,000 trading accounts were opened in the first 5 months of 2021, which represents a 20% record increase over the full year 2020 figure. This growth is due in part due to millennials. While only 3.2% of the population invest in stocks, 75% of Vietnamese internet users transact money digitally. Launched in January 2021, Infina is the latest to join the boom of investment apps across the region. Amid the pandemic, the startup currently serves tens of thousands of users and has seen its assets under management (AUM) rise more than fourfold. Infina's financial partners include some of the largest fund managers in the country, including Dragon Capital, Mirae Asset Fund Management and Viet Capital Asset Management.Herston Powers, Managing Partner of 1982 Ventures stated, "Vietnam is the most promising market in Southeast Asia for the next wave of retail investing. Infina is at the forefront of the retail investing revolution in Vietnam and has quickly become the most trusted brand with millennial investors. Their commitment and experience building online communities is the key differentiator that makes Infina special."James Vuong, CEO and Co-Founder of Infina stated, "Infina is building the 'Robinhood of Vietnam', to make investment accessible, easy, and engaging for the country's middle and lower classes." The majority of Vietnamese previously let their money sit in risk-free checking accounts or freeze in long-term real estate. However, millennial investors are shifting toward higher-yield asset categories with smaller required investments."As millennial investors shift toward higher-yield asset categories, Infina allows users to make a contribution as low as US$25 into a broad range of assets including savings, term deposits, mutual funds, and fractionalized real estate," added James. Infina's customers are primarily millennials aged 25 to 40 who would save or invest their disposable income on family planning, child education and early retirement.James Vuong is an engineer-turned-VC-turned-startup-founder with a track record in Silicon Valley and Vietnam. In 2008, he returned to Vietnam as VP of Investment and a Kauffman Fellow at IDG Ventures. James launched Infina after exiting the last company he founded which was acquired by the Japanese giant LINE Corporation.Scott Krivokopich, Managing Partner of 1982 Ventures stated, "Infina is the right team to back to capture this massive opportunity. Vietnam's digital retail investing industry is at an inflection point driven by rising incomes and millennials." He added, "Infina is democratizing access to wealth management to a largely underserved market."Infina will use the funding to fuel growth and expand product offerings. Infina is built with regional aspirations but will continue to focus on Vietnam due to significant growth opportunities.About 1982 Ventures1982 Ventures is the leading seed fund investing in fintech startups in Southeast Asia. Our focus makes us the first port of call for fintech founders and the first money in. Our investments include Southeast Asian Open Banking API Platform Brick, Vietnam's leading Buy Now, Pay Later Fundiin, Vietnam's Rent-to-Own Home Financing app Homebase (YC W21), Indonesia's first Earned Wage Access platform Wagely. 1982 Ventures is investing in and supporting the best founders to positively impact the future of financial services in Southeast Asia. Visit https://1982.vc, or follow us on LinkedIn.About InfinaInfina is the leading digital investment platform in Vietnam. Infina allows users to invest in higher yield asset categories with smaller required investments - savings, term deposits, mutual funds, and fractionalized real estate. To learn more, visit https://infina.vn/.Contact:Herston Powers1982 Venturesherston@1982.vc Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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1982 Ventures Invests in Singapore’s First Wealthcare App HUGO

SINGAPORE, Jun 22, 2021 - (ACN Newswire via SEAPRWire.com) - 1982 Ventures backs Hugo, a Singapore based digital wealth and savings app that helps Singaporeans develop healthy saving and investing habits. The Hugo app is now available in both Apple iOS and Google Play for iOS.- Hugo raises $2 million (USD) in Seed round from 1982 Ventures and prominent family offices and angels- Hugo's Wealthcare App gives customers control over their financial well-being and access to flexible savings and investment products- Hugo recently launched its Gold Vault which makes investing in gold easy and accessible to all, with increments as small as S$0.01Hugo has secured funding of $2 million (USD) from 1982 Ventures, prominent global and Singaporean family offices and angels. Hugo helps users develop healthy saving and investing habits that make financial security accessible to everyone in an easy and intuitive way. Founded in late 2019 by David Fergusson (CEO), Ben Davies (COO) and Braham Djidjelli (CPO), Hugo is positioned as the first Wealthcare App in the region.David Fergusson, Chief Executive Officer and Co-Founder, of Hugo stated "Money is the biggest cause of stress and Covid-19 has only reinforced how financially unprepared most of us are. We are excited to introduce Hugo at a time when financial wellbeing has become so relevant." Hugo's most unique feature is its Gold Vault and makes investing in gold easy for all. Hugo customers can buy or sell gold for as low as 0.01 SGD. Gold has always been a core investment for the ultra-wealthy and offers safety and wealth preservation in times of inflation and market turmoil. Hugo's Gold Vault is backed by physical gold stored in an accredited LBMA (London Bullion Market Association) vault and insured by Lloyds of London, giving savers the same protections as large hedge funds and private banks.Herston Powers, Managing Partner, of 1982 Ventures said "Hugo is democratizing access to gold with a low fee product that is extremely thoughtful and approachable. Singapore is a perfect market to launch the next generation of digital banking and wealth solutions."Hugo is on a mission to help users save more. Hugo customers benefit from Hugo's Gold Vault (gold investing), Roundup (auto savings), Money Pots (setting financial goals) and the Hugo Platinum Visa Debit Card.Scott Krivokopich, Managing Partner, of 1982 Ventures stated, "Hugo is proving that fintech startups will win the digital banking race in Southeast Asia by launching the first Wealthcare App in Singapore. The founders have a long and deep history in the region with roots that trace back to the 1930s in Singapore. Hugo has the banking and regulatory experience required to protect customers and grow a sustainable business."Hugo will use the funds to continue to enhance its offering with new customer-driven products and services. Hugo is also exploring market expansion in several Southeast Asian geographies and outside the region with local partners.About 1982 Ventures 1982 Ventures is a Singapore-based VC firm focused on investing in early-stage fintech start-ups in Southeast Asia, investing in and supporting the best founders in positively impacting the future of financial services in Southeast Asia. 1982 Ventures is the partner of choice for international investors, corporates and fintechs to gain access to Southeast Asia. Feel free to reach out for more info on www.1982.vc, and follow us on LinkedIn.About Hugo Hugo is a Singapore-based digital wealth and savings app that helps Singaporeans develop healthy saving and investing habits, ensuring financial wellbeing and providing access to gold to all. For more information visit www.hugosave.com. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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IMC Ventures Partners with PIER71 to Invest and Nurture the Maritime and Supply Chain Ecosystem in Singapore

Singapore, Jun 18, 2021 - (ACN Newswire via SEAPRWire.com) - IMC Ventures ("IMC Ventures"), a Singapore-based venture capital firm focused on investments in the maritime and supply chain industries, is pleased to announce that it has joined PIER71 as a venture capital partner with an objective to invest and nurture the maritime and supply chain ecosystem in Singapore.With a vision to establish Singapore as a vibrant maritime ecosystem spearheading world-class innovation, the founding partners of PIER71 are Maritime and Port Authority of Singapore ("MPA") and NUS Enterprise, the entrepreneurial arm of the National University of Singapore ("NUS").Bringing together a community of stakeholders who are keen to digitalise and create the next wave of maritime innovation, PIER71 designs and delivers programmes to uncover opportunities within the maritime industry by providing access to markets, demand drivers, technology solution providers, investors and more.With an aim to create a positive environmental and social impact via investments in the maritime & logistics industries, IMC Ventures was established by IMC Industrial Group ("IMCIG") to focus on creating sustainable returns and operational synergies between start-ups and IMCIG's business units by enabling these start-ups to scale through access to its network of customers, infrastructure and resources.IMC Industrial Group (IMCIG) is a leading integrated industrial company providing logistics, shipping, shipyard management and engineering, procurement, construction (EPC) services to our customers while creating long-term value for our shareholders."The ethos of PIER71 is every much aligned with IMC Ventures. We are looking to catalyse the start- up scene in Singapore by not just providing capital to enable these new innovative ventures to scale, but also to value add through synergies with our operating businesses in the maritime and logistic space," said Mr. James Ong, Investment Committee Member of IMC Ventures.With this partnership, there are significant opportunities for the start-ups under PIER71 to leverage on IMC Ventures' in-depth market experience, specialised technical knowledge and vast industry networks to test-bed and deploy their ideas and innovations within the global maritime and supply chain ecosystem.In addition, IMC Ventures will be exploring investments within PIER71's network and to initiate more cooperation and collaboration efforts to accelerate the development and adoption of market- disrupting solutions. This will be a boost for more improvements and enhancements within the maritime and supply chain ecosystem as a whole, thereby making a meaningful contribution to the environment and communities as a whole.Mr. Thomas Ting, Chief Technology Officer, Maritime and Port Authority of Singapore said: "We are heartened by the partnership of like-minded ecosystem players like IMC Ventures with PIER71 and MPA. As we grow Singapore to become a leading hub for marinetech (maritime technology) start- ups, investments from private sector will be key.In particular, venture capitalists with deep maritime expertise will be highly beneficial to the entire innovation ecosystem. I'm confident that IMC Ventures will bring their deep industry knowledge and networks to help marinetech start-ups commercialise and scale."Mr. Ryan Chan, Group Managing Director of IMC Industrial Group added: "IMC Ventures adds value to IMCIG as it allows ownership in ventures that brings value to our business and opens up possible opportunities to collaborate in setting the direction of innovative ideas in start-ups for various new technologies we are exploring. We will offer the capabilities and access to our shipping platform as partners to the right candidates.With IMC Ventures partnering with MPA and PIER71, we are further building on the close partnership between IMC and MPA, to reaffirm our commitment to the future success and development of Singapore's maritime hub."About IMC Ventures With an aim to create a positive environmental and social impact via investments in the maritime & logistics industries, IMC Ventures was established by IMC Industrial Group ("IMCIG") to focus on creating sustainable returns and operational synergies between startups and IMCIG's business units by enabling these startups scale through access to its network of customers, infrastructure and resources.IMCIG is part of Singapore-headquartered IMC Pan Asia Alliance Group which is actively invested in a diverse portfolio of investments covering shipping, ports, resources, real estate, investment management and lifestyle industries across the globe. With a business heritage dating back to early 1900s involving shipping and transportation activities, IMC Pan Asia Alliance Group has evolved across the decades and it currently employs more than 9,000 people in 15 countries with major presence in China, Indonesia and Thailand.Issued on behalf of IMC Ventures by 8PR Asia Pte Ltd.Media Contact:Mr. Alex TANMobile: +65 9451 5252Email: alex.tan@8prasia.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Toyota Establishes “Toyota Ventures Climate Fund”

Toyota City, Japan, Jun 3, 2021 - (JCN Newswire via SEAPRWire.com) - Toyota is strengthening company-wide efforts to further accelerate CO2 reduction toward its goal of carbon neutrality. As a part of this effort, Toyota has established a global investment fund, the "Toyota Ventures Climate Fund".To achieve carbon neutrality, in addition to making our own efforts, we believe that we need to collaborate with like-minded partners. The Toyota Ventures Climate Fund will invest in promising early-stage companies around the world, that are eagerly working on solutions to drive innovation in carbon neutrality.The Toyota Ventures Climate Fund will be managed by the team at Toyota AI Ventures, which announced today that its company name has been changed to Toyota Ventures (hereinafter referred to as "TV"). TV will serve as the fund manager (GP) on behalf of Toyota, with a total investment of 150 million U.S. dollars. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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Fujitsu Accelerates Investment in Promising Tech Startups with Establishment of 10 Billion Yen Corporate Venture Capital Fund and Management Subsidiary

TOKYO, Mar 31, 2021 - (JCN Newswire via SEAPRWire.com) - Fujitsu Limited today announced the establishment of Fujitsu Ventures Fund LLC, a corporate venture capital (CVC) fund totaling 10 billion yen, under the management by the subsidiary Fujitsu Ventures Limited. The new fund will target investments in promising tech companies globally, including in Japan, the US, Europe, and Israel, and represents a key tool in a growth investment strategy to drive innovation and accelerate digital transformation (DX).Following the establishment of Fujitsu's first CVC fund in 2006, a second and third fund were subsequently established in 2010 and 2015. With these funds, Fujitsu has made investments in promising startups both in Japan and abroad, to deliver encouraging results. In 2015, Fujitsu additionally initiated its FUJITSU ACCELERATOR program to boost co-creation venture activities. To date, the program has successfully promoted cooperation with more than 100 global startups in the tech space. In 2020, the Strategic Growth & Investment team was established to lead Fujitsu Group's inorganic activities which include investments into startups.Partnering with dynamic startups represents an increasingly important priority in today's competitive business environment, serving as an engine for growth through innovation and DX. To this end, Fujitsu will establish a new CVC fund to further enhance the Strategic Growth & Investment team's startup investment capabilities and to enable more agile investments and further amplify the impact of its growth investment strategy, which remains a central element in its management direction policy. Fujitsu will make investments to bolster the foundation of innovative technologies that underlies DX and to create new business opportunities, by encouraging greater collaboration between start-ups and the company with a deeper involvement in the FUJITSU ACCELERATOR program. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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天韵国际：Rainbow Lead Ventures Limited成为集团新策略性股东

HONG KONG, Mar 5, 2021 - (亚太商讯 via SEAPRWire.com) - 中国领先的品牌加工水果产品销售商及制造商天韵国际控股有限公司（「天韵国际」及其附属公司统称「集团」，股份代号 : 6836.HK）欣然宣布Rainbow Lead Ventures Limited成为集团的新主要股东。由于四川发展国际控股有限公司调整其整体投资策略，同意按每股1.58港元的价格出售天韵国际的全部普通股股份予Rainbow Lead Ventures Limited，涉及股份数目263,914,740股及已发行股本总额之27.0%，总代价约417.0百万港元。是次交易价格较2021年3月4日的收市价有约2.6%的溢价。集团认为是次新策略性股东的加入，将对集团未来发展创造更多新的机遇，更好迎接集团新一轮的快速发展周期，集团董事会主席兼首席执行官杨自远先生及主要高级管理团队将继续留任公司，并继续发挥各自的重要角色。集团感谢四川发展国际于过去两年与集团合作无间，共同探索于四川省建设一个特色果蔬产品的深加工基地，惟在疫情的影响下，集团和四川发展亦考虑到未来的长远规划及策略，在彼此的努力下为集团物色到更合适的策略性股东。未来，集团将继续发展已具竞争优势的核心业务，开拓能量饮料市场，研发及推出更多新产品，并加速在热带气候区建立水果食品及饮料的新加工生产基地，积极推进并购及战略合作的策略。在管理团队上，我们衷心感谢过去两位董事王虎先生和刘竹萌先生对集团给予的指导及贡献。未来集团会积极物色在创新食品及饮料研发及销售方面具经验的人士加入，带领集团开拓更多新的市场，为各持份者和股东创造更好的回报。关于天韵国际控股有限公司 (股份代号﹕6836.HK)天韵国际控股有限公司（「本公司」集团「统称（及其附属公司）」主要从事 (i) 研发、生产及销售包装于金属罐、塑料杯，玻璃瓶及铝箔袋等包装的加工水果产品、饮料及 (ii) 新鲜水果买卖。加工水果产品以自家品牌「缤果时代」、「果小懒」和「天同时代」及原厂委托制造代工方式出售。 饮料产品以自家品牌「享派 Shiok Party」出售。集团致力于为客户提供健康安全的产品，作为国内外资质认证最为齐全的食品企业之一，时刻紧贴严格的国际生产标准，并就生产设施、质量监控及管理获授BRC(A)、IFS 食品（高级）、FDA（FSMA）、HALAL、 SC、KOSHER、BSCI 及ISO22000 等认证，集团还通过多个英国及美国超市内部的食品生产标准审核。 同时，集团作为中国「同线、同标、同质」工程出口食品企业，供应国内市场和供应国际市场的产品达到相同的质量水平。自2016 年起，集团自家品牌的优质加工水果产品继续获得市场的高度认可， 并获国家级机构颁授「中国罐头产品质量证明标志」的荣誉及资格，成为中国加工水果行业内能够在其产品贴上「零添加防腐剂」标志的首家水果加工商。 集团在2017 年分别被国际知名财经杂志《福布斯》评选为福布斯中国百强潜力上市公司及成为山东省临沂市荣获「2017 年度临沂市市长质量奖」荣誉的综合食品生产销售企业。集团全新自有研发及生产的纯水果休闲食品在2018 年也荣获中国国家知识产权局颁发「发明专利证书」。 集团及其「缤果时代」自家品牌于2019年分别被国家机构评为中国罐藏食品领先企业及领先品牌。 Copyright 2021 亚太商讯. All rights reserved. (via SEAPRWire)

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Founder Institute (FI) announces Pacer Ventures as Investor in Residence for its African Accelerators

PALO ALTO & LAGOS, Dec 14, 2020 - (ACN Newswire) - Founder Institute (FI), the world's largest pre-seed startup accelerator, today announces Pacer Ventures as 'Investor in Residence' for the Founder Institute's African Accelerator program. As part of the program, all startups that graduate the Founder Institute in Africa will be reviewed by Pacer Ventures for potential investment in their seed or pre-seed round of funding.This development follows the announcement of Founder Institute as a strategic partner of Pacer Ventures for African early-stage start-ups that are solving some of the most critical problems on the continent. Pacer VC's purpose is aligned with FI's mission to empower communities of talented and motivated people to build impactful, technology-enabled companies worldwide. "FI is quickly becoming the gold standard for pre-seed acceleration in Africa," says Ryan Micheletti, Head of Global Operations for the Founder Institute. "We are excited to strengthen our leadership position by partnering with Pacer Ventures to foster investment in FI Alumni all across the Continent."FI has an Alumni strength of 100+ companies tackling various challenges across the continent and this is bound to grow with FI's expanded footprint in Africa and Pacer's move to increase access to early-stage funding. Managing Partner of Pacer Ventures, Gbemi Akande, sees value in formalizing the partnership with the Silicon Valley based program. "Our partnership is in line with what Pacer VC was set up to accomplish. By partnering with Founder Institute, we at Pacer VC will accelerate our mission of supporting early stage companies. It is a win-win and we look forward to a mutually beneficial collaboration with FI."Pacer Ventures was one of a handful of new funds selected to pitch to a global gathering of limited partners from around the world at the VC Lab Venture Forum, which has also led to increased interest from LPs around the world. Geoffrey Weli-Wosu, General Partner at Pacer Ventures, said, "Founder Institute stands out as one of the top pre-seed accelerators across the African continent. Pacer Ventures is committed to supporting startups coming out of the program who can support the transformation of the continent." Pacer Ventures will continue to leverage its strategic partnership with Founder Institute chapters throughout Africa to identify and recommend winning teams with scalable solutions that meet market needs. Similarly, Pacer Ventures has partnered with techbuild.africa to provide marketing and promotional support for FI portfolio companies across Africa.General Partner at Pacer Ventures and FI Regional Director, Chukwuemeka Fred Agbata stated, "Africa faces many challenges, but within every challenge lies opportunity and young people are leveraging technology to solve these problems across the Continent. It is our duty to inspire and fund the entrepreneurs who are building valuable solutions to our most pressing problems. Africa is the future, and investors and LPs are now becoming aware of this."About Founder InstituteFounder Institute is the world's largest pre-seed startup accelerator. Since 2009, we have helped over 4,500 entrepreneurs get the focus and support needed to build a business that matters. Based in Silicon Valley with chapters across 90 countries, Founder Institute's mission is to empower communities of talented and motivated people to build impactful technology companies worldwide. To learn more, please visit http://fi.co.About Pacer VenturesPacer Ventures has a strategic relationship with Founder Institute, the world's premier pre-seed startup accelerator, to provide investment thesis support, structure, templates, tools, deal flow, potential seed, and mentorship support across all segments of the funding operation for African startups.Pacer email: info@pacer.vcOfficial website: https://pacer.vc/Pacer blog: https://pacer.vc/blog/Twitter: https://twitter.com/pacerventuresLinkedIn: https://linkedin.com/company/pacerventures/ Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com

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Pacer Ventures partners Founder Institute, launches $3M fund for early-stage African startups

LAGOS, NIGERIA, Nov 25, 2020 - (ACN Newswire) - Pacer Ventures has announced a $3M fund for early-stage African startups that are solving some of the most critical problems on the continent. The focus will be on verticals expedient to the African continent including healthcare, financial inclusion, education and agriculture.The United Nations has projected that Africa will have a population of 1.68 billion people by 2030, while the GSMA Mobile Economy Report states that 84% of Africa's population will have access to a sim connection by 2025. This high mobile penetration will enable the continent to leapfrog technology consumption, as Africa is expected to account for up to 30% of global consumption of technology and technology-driven solutions within the same period."We see a huge opportunity to support early-stage founders making meaningful contributions to their local economies and communities," said the Managing General Partner at Pacer Ventures, Gbemi Akande. "We are providing much-needed funds to founders leveraging mobile penetration to solve problems at the 'bottom of the pyramid' across the continent."Pacer Ventures has already begun to support early-stage founders by participating in seed rounds, including VPD.Money and others. With an average cheque size of $100k, Pacer VC is positioned to add substantial value to its portfolio companies.According to the Pacer General Partner in charge of Southern Africa, Antoinia Norman, "We won't just write a cheque, we will enable founders to work in and on their business, by supporting them every step of their journey, with technical and financial skills, team building, access to markets, resources, and our networks."The General Partners of Pacer VC have over 40 years of combined experience in consulting, marketing, entrepreneurship, deal flow sourcing and ecosystem development. Pacer VC's differentiator is the funds focus on sourcing high potential early-stage African startups, while leveraging its strategic partnership with Founder Institute chapters all over Africa to identify and recommend winning teams with solutions that meet market needs."Our partnership with Founder Institute gives us an undeniable edge particularly with quality deal-flow at an early stage, which we will leverage to strategically expand Pacer VC's footprint across multiple African Markets," said Chukwuemeka Agbata, Regional Director of Founder Institute in Africa, and Co-founder, techbuild.africa.Speaking on the Pacer VC Investment thesis, Geoffrey Weli-Wosu, a General Partner at Pacer VC and Co-Founder of VoguePay and Domineum, stated, "We are leveraging our in-depth experience in startups, deal flow sourcing and ecosystem development to take advantage of the early-stage funding gap in Africa. Our target is seed-stage founders and companies who are usually under the radar of a lot of investors. We know the markets, have access to the founders and our investment team is well qualified to execute this thesis."About Pacer VenturesPacer Ventures has a strategic relationship with the Founder Institute, the world's premier pre-seed startup accelerator, providing investment thesis support, structure, templates, tools, deal flow, potential seed, and support across all segments of the funding operation. It has a similar partnership with techbuild.africa, providing media support to portfolio companies. For more information, please visit https://pacer.vc, email info@pacer.vc, or follow us on LinkedIn and Twitter. Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com

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AppsFlyer Exceeds $200 Million in ARR and Sets Its Sights on Shaping the Future of the Marketing Tech Stack, Opens New Office in Australia

SINGAPORE, Nov 24, 2020 - (ACN Newswire) - AppsFlyer, the global attribution and marketing analytics leader, today announced Salesforce Ventures joined its roster of investors in a late stage extension of its $210 million series D round led by General Atlantic earlier this year, to continue its velocity through product innovation with consumer privacy at the forefront.As shifting privacy policies and regulations transform the marketing landscape, AppsFlyer has been experiencing increased demand for its expanding suite of products, including holistic attribution, marketing analytics, fraud protection, incrementality measurement, and customer experiences and engagement tools, while connecting app developers to more than 8,000 partners via its marketplace.The AppsFlyer platform is rapidly becoming a core component in the most advanced marketing tech stacks. Ecosystem shifts and digital transformation accelerated by COVID-19 have fueled the growth of AppsFlyer's groundbreaking solutions to meet the needs of marketers and app developers. These include innovative, privacy-centric attribution solutions for iOS 14, in a post-IDFA world; App Clips analytics; a zero budget marketing plan for app developers; enabling the web campaign-to-app opportunity; and two brand new products: Xpend - a cost aggregation solution that extracts cost data from any source, and accurately calculates ROI across the entire marketing journey, and Incrementality - which helps brands test and prove incremental lift of their marketing campaigns.The company also announced the launch of its new office in Sydney, focusing on servicing its customers and growing its business in the region of Australia and New Zealand. This latest launch will expand AppsFlyer's global footprint to 19 international offices, an unprecedented feat in the middle of a pandemic.AppsFlyer has secured more than $300 million in funding since 2011, and has seen tremendous growth since its $210 million series D round, announced earlier this year. The company has recently reached 1,000 employees globally, and now exceeds $200 million in annual recurring revenue (ARR). The company also plans to increase its global headcount significantly in 2021 to support the growing needs of its customers and provide them with the right tools to delight their end-users while adhering to privacy regulations. AppsFlyer has also increased the volume and reach of its corporate social responsibility program, AppsFlyer Cares, impacting dozens of communities and thousands of individuals worldwide."AppsFlyer has been the driving force in mobile marketing attribution and has demonstrated true, long-term commitment to represent the app developers within the ecosystem," said Nowi Kallen, Principal at Salesforce Ventures. "Through a customer centric approach, 8,000-partner strong marketplace and privacy by design, AppsFlyer's innovative technology enables marketers to delight their end-users with a great user experience, while protecting their privacy.""We're incredibly excited to deepen our integration with Salesforce and Salesforce Ventures, as we take another step towards ensuring that marketers, app developers, and the entire ecosystem is armed with the best marketing tech stack for the challenges of tomorrow," said Oren Kaniel, CEO and Co-Founder, AppsFlyer. "The secret sauce for our success over the last nine years has been prioritizing our customers and their end-users, putting them at the center of every decision we make. We've earned the unwavering trust and confidence of the market by enabling app developers to not only delight the end-user with a seamless user experience, but to also protect their data security and privacy."Speaking about how this development will impact the region, AppsFlyer's APAC President and Managing Director, Ronen Mense, said: "The pandemic has aggressively driven a shift in how the global marketplace use technology, making the ever-innovative and always-resilient APAC one of the few winners from this year's economic turbulence. The foundations of an inclusive, tech-enabled recovery is being solidly built here in our turf, and we are humbled that the majority of today's best-performing Asian companies are using the AppsFlyer platform on a daily basis. This round enables us to empower Asian marketers with the tools needed to catapult their success and make accurate, better-informed, strategic decisions, as well as help drive innovation and foster confidence across the regional economy."AppsFlyer works with thousands of customers, including leading brands such as Macy's, Minecraft, Nike, NBC Universal, Tencent, US Bank, Wayfair, and StitchFix. AppsFlyer's marketplace of over 8,000 partners includes Facebook, Google, Apple Search Ads, Twitter, TikTok Ads, Pinterest, Snap, Salesforce, Adobe, and Oracle. AppsFlyer was recently named to the Forbes 2020 Cloud 100 list for the 2nd year in a row.Existing investors include General Atlantic, Goldman Sachs Growth Equity, DTCP (Deutsche Telekom Capital Partners), Qumra Capital, Pitango Venture Capital, Magma Venture Partners, and Eight Roads Ventures. About AppsFlyerAppsFlyer, the global attribution and marketing analytics leader, empowers marketers to grow their business and innovate with a suite of comprehensive measurement solutions. Built around privacy by design, AppsFlyer takes a customer-centric approach to help 12,000+ brands and its marketplace of 8,000+ technology partners make better business decisions every day, while delighting their end-users. To learn more, visit www.appsflyer.comAbout Salesforce Ventures Salesforce is the global leader in Customer Relationship Management (CRM), bringing companies closer to their customers in the digital age. Salesforce Ventures, the global investment arm of Salesforce, invests in the next generation of enterprise technology that extends the power of the Salesforce Platform. Salesforce Ventures is building the world's largest ecosystem of enterprise cloud companies and extending that technology to customers. Portfolio companies receive funding, strategic advisory, and operating support, and can easily join Pledge 1% to make giving back part of their business model. Salesforce Ventures has invested in more than 400 companies, including DocuSign, GoCardless, Guild Education, nCino, Snowflake, Twilio, Zoom, and others across 22 countries since 2009. For more information, please visit www.salesforce.com/ventures. Media ContactsPRecious Communications on behalf of AppsFlyerappsflyer@preciouscomms.com+65 6303 0567Press Contact For AppsFlyer in APAC: Nico Marconico.marco@appsflyer.com Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com

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Pacer Ventures set to solve the funding gap for African Startups

JOHANNESBURG & LAGOS, Nov 12, 2020 - (ACN Newswire) - Pacer Ventures LLC, a venture firm for sub-Saharan Africa, has launched a $3M fund for early-stage startups, aimed at solving the most critical problem on the continent. Registered in Delaware, with operational offices in Lagos and Johannesburg, Pacer VC is focusing on verticals that are expedient to the African continent, including healthcare, financial inclusion, education and agriculture.The UN projects that Africa will have a population of 1.68 billion people by 2030, while the GSMA Mobile Economy Report states that 84% of Africa's population or 1 billion people will have access to a SIM connection by 2025. "We see a huge opportunity to support early stage founders who are making meaningful contributions to their local economies and communities by leveraging the high mobile penetration on the continent," said Gbemi Akande, General Partner at Pacer Ventures. The firm has already begun to support early stage founders by participating in seed rounds, including VPD.Money and others.With an average cheque size of six figures, Pacer Ventures is positioned to add substantial value to its portfolio companies. According to Antoinia Norman, General Partner at Pacer Ventures in charge of Southern Africa, "We won't just write a cheque, we will enable founders to work in and on their business, by supporting them along every step of their journey, with resources and access to markets."The General Partners of Pacer Ventures have over 30 years of combined experience in entrepreneurship and start deal flow sourcing. The key differentiator is the fund's focus on sourcing high potential African startups, leveraging its strategic partnership with Founder Institute in Africa as a funnel."This collaboration with Founder Institute gives us an undeniable edge particularly with quality deal-flow at an early stage and we will leverage this to spread our footprint quickly," said Chukwuemeka Agbata, Regional Director of Founder Institute in Africa and Co-founder of techbuild.africa.Speaking on the Pacer VC investment thesis, Geoffrey Weli-Wosu, General Partner at Pacer Ventures and Co-Founder of VoguePay and Domineum, stated, "We are leveraging our in-depth experience in startups and ecosystem development to take advantage of the early-stage funding gap in Africa."About Pacer Ventures LLCPacer Ventures is well positioned to support the growth of startups within Sub-Saharan Africa. A combination of attributes enables our deal-flow, sourcing and portfolio management which promises realistic returns to our investors.Pacer email: info@pacer.vcOfficial website: https://pacer.vc/Pacer blog: https://pacer.vc/blog/Twitter: https://twitter.com/pacerventuresLinkedIn: www.linkedin.com/company/pacerventures/ Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com

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