Singapore’s Wavemaker Closes Venture Fund at $111 Million

(Bloomberg) -- Wavemaker Partners LLC, an early-stage venture capital firm, has closed its third investment fund for Southeast Asia at $111 million. The firm exceeded its initial target of $100 million, drawing new investor Concentric Equity Partners along with existing backers including Temasek Holdings Pte, Pavilion Capital, International Finance Corp. and Vulcan Capital.

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