Sunway Group one of Malaysia’s largest conglomerates and KK Fund –a Singapore-based VC investing in seed stage startups across SEA, jointly established a new venture fund, Sun SEA Capital, with a planned size of $50 million to invest in Southeast Asian and Hong Kong startups according to their website. With the initial fund size of US$50 million, Sun SEA Capital aims to provide Series A and early Series B funding worth US$ 1 to US$ 3 million per ticket size to …

Malaysia’s Sunway Group Co-launches $50M Fund appeared first on China Money Network.


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