Vertex Venture
Dating app startup Paktor lands US$7.5mil in Series B round
Singapore-based social dating startup Paktor Pte Ltd said it has secured Series B funding of S$10 million (US$7.5 million) from Majuven, Convergence Ventures, and existing investor Vertex Venture Holdings (a wholly-owned subsidiary of Temasek Holdings).
DBS launches venture debt for tech startups in Singapore
DBS Bank has launched a programme to provide financing to tech startups, although it did not state how much capital is being set aside for this venture debt initiative.
Disrupting industries, and Vertex Venture’s double purpose
Singapore-based Vertex Venture Holdings Ltd invests in disruptive technologies and companies in Asia and the US, hoping to make a profit – but also to ensure it has an interest in any company that ends up disrupting the markets its parent company, Temasek Holdings, is looking at.
