{"id":22960,"date":"2022-04-04T11:54:00","date_gmt":"2022-04-04T10:54:00","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=22960"},"modified":"2022-04-04T11:54:15","modified_gmt":"2022-04-04T10:54:15","slug":"seax-ventures-launches-60m-tech-fund","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/seax-ventures-launches-60m-tech-fund\/","title":{"rendered":"SeaX Ventures Launches $60M Tech Fund"},"content":{"rendered":"\n
Southeast Asia Exponential Ventures (SeaX) has closed a $60 million fund to invest in technology firms, including blockchain and Web 3.0<\/a> which will aid the expansion of global startups throughout southeast Asia.<\/h5>\n\n\n\n
\"SeaX
SeaX Ventures Launches $60M Tech Fund<\/figcaption><\/figure><\/div>\n\n\n\n

The fund focuses on firms who are working on truly transformational opportunities in areas such as blockchain and web3, food tech, biotech, and life science, artificial intelligence, robotics, and IoT & hardware<\/p>\n\n\n\n

According to a press release issued on Monday, the New York-based firm would invest $500,000 to $5 million in pre-seed, seed, and Series A rounds.<\/p>\n\n\n\n


The VC's second fund was supposed to be $50 million, but it was oversubscribed, therefore it was expanded to $60 million.
Central Pattana PCL, Singha Ventures Corporation, Ramkhamhaeng Hospital PCL, and MC Group PCL are among the fund's noteworthy corporate investors.<\/p>\n\n\n\n


Southeast Asia has a combined GDP of $3 trillion and a population of 650 million people. SeaX Ventures\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>‘ founder and managing partner, Dr. Supachai “Kid” Parchariyanon, stated. “We can help innovative startups from across the world grow exponentially in this large and dynamic area through our relationship with over 400 corporates,” Parchariyanon added.<\/p>\n\n\n\n


SeaX isn't the only Asian-focused venture capital firm looking to invest in cryptocurrency<\/a>. Gumi Cryptos Capital, a venture capital firm, launched GCC Fund II, a $110 million early-stage fund that will invest in both equities and tokens, last month.<\/p>\n","protected":false},"excerpt":{"rendered":"

Southeast Asia Exponential Ventures (SeaX) has closed a $60 million fund to invest in technology firms, including blockchain and Web 3.0 which will aid the expansion of global startups throughout southeast Asia. The fund focuses on firms who are working on truly transformational opportunities in areas such as blockchain and web3, food tech, biotech, and […]<\/p>\n","protected":false},"author":36,"featured_media":22964,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,21],"tags":[8628],"class_list":["post-22960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrencies","category-news","tag-seax"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/SeaX.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/22960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=22960"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/22960\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/22964"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=22960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=22960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=22960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}