SMBC Asia Rising Fund
SMBC Asia Rising Fund
Corporate VC investing in high-potential Asian startups, focusing on fintech and synergistic opportunities with SMBC Group.
About
What type of investor is SMBC Asia Rising Fund?
SMBC Asia Rising Fund is a corporate venture capital fund co-founded by Sumitomo Mitsui Banking Corporation (SMBC) and Incubate Fund. Launched in Singapore, it aims to accelerate business development and partnerships by investing in high-potential Asian startups, with a particular emphasis on fintech and areas that offer synergies with SMBC Group's broader business.
What kind of firm is SMBC Asia Rising Fund?
SMBC Asia Rising Fund is a Corporate VC.
What is SMBC Asia Rising Fund's assets under management?
SMBC Asia Rising Fund manages approximately $200M in assets.
Where is SMBC Asia Rising Fund based?
SMBC Asia Rising Fund is based in Singapore, Singapore.
What sectors does SMBC Asia Rising Fund focus on?
SMBC Asia Rising Fund focuses on Fintech, Lending, Payment, Supply Chain Finance.
“Enterprise AI Developer Whale Secures USD 40m Series C Extension, Bringing Round to USD 100m with Strong Japanese Financial Backing. Singapore-headquartered enterprise artificial intelligence (AI) developer Whale has secured a $40 million S…”
View on Reddit“SMBC Asia Rising Fund Injects Fresh Capital into Easy Home Finance, Vayana, and DPDzero. SMBC Asia Rising Fund, a $200 million corporate venture fund launched in 2023 by Sumitomo Mitsui Banking Corporation and Incubate Fund , has deployed $…”
View on Reddit“India’s Olyv Secures $23 Million Series B to Scale Financial Inclusion Platform; SMBC Asia Rising Fund Joins Round. Olyv, the tech-driven FinTech platform formerly known as SmartCoin, has successfully closed a USD 23 million Series B fundin…”
View on Reddit“SMBC’s $15M Bet on Aerem Signals Maturity in India’s Solar Fintech Market. Mumbai-based Aerem Solutions has secured $15 million in a Pre-Series B round led by the SMBC Asia Rising Fund. While the deal size may appear modest against the back…”
View on Reddit“SMBC Asia Rising Fund Leads WIZ.AI's Series B. WIZ.AI , a Singapore-based AI company pioneering the enterprise application of large language models (LLMs) in Southeast Asia, has announced the successful closing of its Series B funding round…”
View on Reddit“GMO Venture Partners lead, SMBC Asia Rising Fund participates in DPDzero Series A Debt collections is the backbone of lending, however collections today are run by collection agencies who care very little about the borrower and mostly care…”
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