The Edge Singapore: Validus secures over $20 mil in 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.

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