Validus Secures $20M Oversubscribed Series B Funding

As published on The Edge Singapore: 

SINGAPORE (Feb 25): Validus Capital, a Singapore-based SME financing platform, has raised $20.5 million in its oversubscribed Series B funding round.

See: Temasek-backed Validus Capital raises over $120 mil in business funding

The Series B funding round was led by FMO, Netherlands’ public-private development bank. Other participating investors include Taiwan’s Cathay Financial Holdings, Singapore’s Openspace Ventures (previously NSI Ventures), Temasek investment arm Vertex Ventures, Thailand’s AddVentures by SCG and Vietnam’s VinaCapital Ventures.

Read more →