Jungle Ventures Raises $240 Million for Latest VC Fund

The fund will focus on Southeast Asia’s digital-driven consumer businesses.

Singapore (Wei Leng Tay/Bloomberg)


(Wei Leng Tay/Bloomberg)

Singapore-based Jungle Ventures has raised $240 million for its third fund, to invest in startups in Southeast Asia.

Jungle Ventures III will invest in innovative technology and digital-driven consumer businesses across the region, the firm said in a statement. The amount raised is double that of the firm’s previous fund, launched in 2016.


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