Friday, November 22, 2024
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MassMutual Ventures: Launches $100M Second Fund for Southeast Asia

MassMutual Ventures: Launches $100M Second Fund for Southeast Asia

  • MassMutual Ventures announced that it has launched its US$100 million second fund for Southeast Asia
  • The Singapore-based team will continue to focus on investing in early- and growth-stage companies in the digital health
  • The new fund will allow the firm to invest in 15 to 20 more companies
  • MMV SEA launched its first US$50 million fund in 2018 to invest in 10 to 15 companies across the region
  • Founded in 2014, MMV has backed nearly 40 companies in North America, Europe, Israel, and Southeast Asia
  • The new MMV SEA fund brings its total capital under management to US$350 million across four funds

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