Jungle Ventures, a venture capital firm based in Singapore, released $10 million into the startup wild today as part of a “super angel” fund that will support entrepreneurs all across Asia.
Jungle Ventures invests in seed to early stage startups, primarily in Southeast Asia. Its portfolio consists mostly of consumer internet, software-as-a-service, and media startups. Companies include Cinemacraft.tv, a developer of video platforms; health startup DocDoc; Mobikon Technologies, which offers digital marketing tools for the hospitality industry; and travel social marketplace travelmob.
In its current incarnation, Jungle Ventures has been active for about two years, making 4 to 5 investments a year. This latest pool was today announced at TechVenture2012, a three-day event held in Singapore that connects entrepreneurs with executives, investors, and other influencers.
Investors in the fund Peng T. Ong (Founder- Match.com, Interwoven and Encentuate), Dan Neary (VP & GM Global Market Development, Skype), Anurag Srivastava (CEO, Spacematrix), Jayesh Parekh (Co-founder, Sony Entertainment Television), Toivo Annus (former Head of Engineering at Skype), Lim Der Shing (Founder-CEO, JobsCentral) amongst other angels and institutional investors.
500 Startups and Accel India are also participating in this initiative, which can bolster their own portfolios.
Filed under: Deals, Entrepreneur
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This article originally appeared on VentureBeat
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