Singapore-based AccelerAsia Ventures, the venture capital arm of business advisory company AccelerAsia, is raising its first blind pool fund targeting early-stage B2B companies in Southeast Asia.
The VC is targeting to raise a total of S$15-20 million for investments in about 8-10 pre-Series A to Series A startups. The firm expects to make its first close at the end of the second quarter this year.
“With our fund size, we can still have a significant stake and have the most value-add,” partner Joeri Gianotten told DealStreetAsia in an interview.