Hong Kong-headquartered venture accelerator Brinc is building out a new office in Singapore as it plans to raise up to $200 million for two venture funds to invest in emerging market opportunities and Asia’s food technology growth.
Brinc, which has grown a portfolio of over 200 startups since its inception in 2014, recently obtained a licence from the Monetary Authority of Singapore (MAS), the financial regulatory authority in Singapore, under the venture capital fund manager (VCFM) regime.