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500 Durians by 500 Startups

Fund focused on Southeast Asia

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HIGHLIGHTS

500 Startups Increases Its Southeast Asia Fund To $22 Million

“Always be raising” is the motto of 500 Startups founder Dave McClure, and 500 Durians — the U.S. firm’s fund for Southeast Asia

05 November 2015 • Techcrunch

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EVENTS & HAPPENINGS

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ABOUT 500 Durians by 500 Startups

500 Durians started out as a $10 million fund in 2013 led by Malaysia-based Khailee Ng, an entrepreneur with two exits under his belt. The fund quietly made deals over its first two years, but in 2015 it has been busily expanded. Back in July we reported that the fund got topped up with an additional $5 million, and now it has closed out an increase that takes it to $22 million, according to a U.S. filing.

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PORTFOLIO INVESTMENTS