Validus secures over $20 mil in oversubscribed series B funding
As published on The Edge Singapore:
SINGAPORE (Feb 25): Validus Capital, a Singapore-based SME financing platform, has raised $20.5 million in its oversubscribed Series B funding round.
See: Temasek-backed Validus Capital raises over $120 mil in business funding
The Series B funding round was led by FMO, Netherlands’ public-private development bank. Other participating investors include Taiwan’s Cathay Financial Holdings, Singapore’s Openspace Ventures (previously NSI Ventures), Temasek investment arm Vertex Ventures, Thailand’s AddVentures by SCG and Vietnam’s VinaCapital Ventures.