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Thank you to all our LPs and ecosystem partners who attended our Annual General Meeting in Singapore last week.
As a firm, it was a great opportunity to not only reaffirm our conviction in Southeast Asia but to also outline the strategic recalibrations we are undertaking as we continue to deploy steadily and build our portfolio and firm during this unique window.
We are pleased to announce the final close of OSV IV at US $163M. The closing of OSV IV, our latest early-stage fund, reaffirms our firm-wide conviction in Southeast Asia and the platform we've built over the last decade. We believe this is the right fund and the right size for the regional opportunity today and are proud that existing and as well as new global institutional investors, including the Japan International Cooperation Agency (JICA), have recognised this and joined us as we follow through on our strategy.
At the same time, the renaming of our mid-stage fund to Openspace Growth (formerly OSV+) points towards our ambition to embed our track record in early-stage tech-centric investing while further building out our breadth of coverage and toolkit into PE style growth.
During the session, our team also shared updates on the latest OSV IV deployments. This included the positive progress being made by Envisso, a merchant risk SaaS platform, and Rukita, an Indonesian prop-tech solving the country’s housing gap. Other investments to date include LXA Group and Every Half Coffee Roasters.
Openspace Growth (OGI) has also remained on pace, with recent investments including Fano, an AI performance language SaaS platform focused on compliance, and Ampd Energy, an energy storage systems provider helping electrify power in heavy industries.
We are excited by the significant potential inherent in this multi-stage and regional portfolio mix. For any further questions, please reach out to ir@openspace.vc
Thank you to all our LPs and ecosystem partners who attended our Annual General Meeting in Singapore last week.
As a firm, it was a great opportunity to not only reaffirm our conviction in Southeast Asia but to also outline the strategic recalibrations we are undertaking as we continue to deploy steadily and build our portfolio and firm during this unique window.
We are pleased to announce the final close of OSV IV at US $163M. The closing of OSV IV, our latest early-stage fund, reaffirms our firm-wide conviction in Southeast Asia and the platform we've built over the last decade. We believe this is the right fund and the right size for the regional opportunity today and are proud that existing and as well as new global institutional investors, including the Japan International Cooperation Agency (JICA), have recognised this and joined us as we follow through on our strategy.
At the same time, the renaming of our mid-stage fund to Openspace Growth (formerly OSV+) points towards our ambition to embed our track record in early-stage tech-centric investing while further building out our breadth of coverage and toolkit into PE style growth.
During the session, our team also shared updates on the latest OSV IV deployments. This included the positive progress being made by Envisso, a merchant risk SaaS platform, and Rukita, an Indonesian prop-tech solving the country’s housing gap. Other investments to date include LXA Group and Every Half Coffee Roasters.
Openspace Growth (OGI) has also remained on pace, with recent investments including Fano, an AI performance language SaaS platform focused on compliance, and Ampd Energy, an energy storage systems provider helping electrify power in heavy industries.
We are excited by the significant potential inherent in this multi-stage and regional portfolio mix. For any further questions, please reach out to ir@openspace.vc
