Singapore’s EV Growth raises $250 mln

Singapore-based EV Growth announced it has hit the hard cap of its first fund at $250 million, exceeding its $150 million target.The firm launched in March 2018 as a joint venture between East Ventures, SMDV and Yahoo! Japan Capital.

Singapore-based EV Growth announced it has hit the hard cap of its first fund at $250 million, exceeding its $150 million target.The firm launched in March 2018 as a joint venture between East Ventures, SMDV and Yahoo! Japan Capital. The firm said LPs include family offices in Asia and two of Asia’s largest sovereign wealth funds.

Source: Press release