Viki founders launch venture builder to support 100 startups in Southeast Asia

TVSG co-founders

TVSG co-founders Jiwon Moon (left) and Changseong Ho (right)

Jiwon Moon and Changseong Ho, founders of US-based video streaming company Viki, has launched a venture builder to invest in Southeast Asia’sAsia’s startups.

TheVentures Singapore (TVSG) will invest in e-commerce, community, fintech, O2O, biotech, healthcare, foodtech and sustainability.

“We aim to help over 100 high-growth startups incorporate or relocate to Singapore within the next five years,” said Changseong Ho, co-founder of TVSG.

Leveraging Singapore as the base camp, TVSG will create a new incubation system to strengthen early-stage, high-growth tech startups in terms of their intellectual properties, business models, and global expansion strategies.

“The country [Singapore] is well positioned with an ecosystem that is driven by finance and innovation, which helps to facilitate the cross-pollination of businesses and technologies internationally,” said Jiwon Moon, co-founder of TVSG.

The duo’s objective is to replicate the success of TheVentures in South Korea, which is backed by blue-chip LPs and investors, including Kakao, NCSoft and Com2Us. Since 2014, the firm has taken stakes in over 100 startups and possesses a portfolio value exceeding US$1 billion.

Also read: 5 ways for venture builders to reduce startup failures

Ho and Moon founded Viki in Silicon Valley when they were studying at Harvard and Stanford. The startup was later acquired by Rakuten for a reported US$200 million in 2013, after six years of operations.

Besides TVSG, the duo also runs Impact Collective, a community-driven impact investment programme aiming to evaluate the social impact of startups.

Heading forward, Moon and Ho unveil their plans to expand Community Alliance Network (CAN), a SaaS tool for entrepreneurs without an in-house tech team, and CANnovate, a SaaS-powered startup incubation programme targeted at entrepreneurs in the community, education, and commerce sectors.

Ready to meet new startups to invest in? We have more than hundreds of startups ready to connect with potential investors on our platform. Create or claim your Investor profile today and turn on e27 Connect to receive requests and fundraising information from them.

Image Credit: TheVentures

The post Viki founders launch venture builder to support 100 startups in Southeast Asia appeared first on e27.

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TVSG co-founders

TVSG co-founders Jiwon Moon (left) and Changseong Ho (right)

Jiwon Moon and Changseong Ho, founders of US-based video streaming company Viki, has launched a venture builder to invest in Southeast Asia’sAsia’s startups.

TheVentures Singapore (TVSG) will invest in e-commerce, community, fintech, O2O, biotech, healthcare, foodtech and sustainability.

“We aim to help over 100 high-growth startups incorporate or relocate to Singapore within the next five years,” said Changseong Ho, co-founder of TVSG.

Leveraging Singapore as the base camp, TVSG will create a new incubation system to strengthen early-stage, high-growth tech startups in terms of their intellectual properties, business models, and global expansion strategies.

“The country [Singapore] is well positioned with an ecosystem that is driven by finance and innovation, which helps to facilitate the cross-pollination of businesses and technologies internationally,” said Jiwon Moon, co-founder of TVSG.

The duo’s objective is to replicate the success of TheVentures in South Korea, which is backed by blue-chip LPs and investors, including Kakao, NCSoft and Com2Us. Since 2014, the firm has taken stakes in over 100 startups and possesses a portfolio value exceeding US$1 billion.

Also read: 5 ways for venture builders to reduce startup failures

Ho and Moon founded Viki in Silicon Valley when they were studying at Harvard and Stanford. The startup was later acquired by Rakuten for a reported US$200 million in 2013, after six years of operations.

Besides TVSG, the duo also runs Impact Collective, a community-driven impact investment programme aiming to evaluate the social impact of startups.

Heading forward, Moon and Ho unveil their plans to expand Community Alliance Network (CAN), a SaaS tool for entrepreneurs without an in-house tech team, and CANnovate, a SaaS-powered startup incubation programme targeted at entrepreneurs in the community, education, and commerce sectors.

Ready to meet new startups to invest in? We have more than hundreds of startups ready to connect with potential investors on our platform. Create or claim your Investor profile today and turn on e27 Connect to receive requests and fundraising information from them.

Image Credit: TheVentures

The post Viki founders launch venture builder to support 100 startups in Southeast Asia appeared first on e27.

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