SINGAPORE, Sept 18 (Bernama-BUSINESS WIRE) — Lightspeed Venture Partners (“Lightspeed”) today announced the launch of its Southeast Asia operations. Headquartered in Singapore, Lightspeed will partner and support the region’s bold entrepreneurs building disruptive companies. Lightspeed will deploy capital for its Southeast Asian investments from its global funds, where it has previously announced having raised US$4 billion in 2020.
As the world copes with the humanitarian and economic crisis driven by COVID-19, it is also seeing rapid digitization across industries and categories. These tailwinds are enabling strong founders to create new categories and business models. Lightspeed is committed to backing founders across the region, who are building a new future on the back of technology-led disruption.