IFC completes $2m investment in SeedPlus

IFC completes $2m investment in SeedPlus IFC (International Finance Corporation), a member of the World Bank Group, has closed a $2 million equity investment in SeedPlus, a seed-stage venture fund based in Singapore, to support early stage technology entrepreneurship in Asia.

DEALSTREETASIA

World Bank’s IFC investment firm invests $2M in Southeast Asian fund SeedPlus

IFC confirmed today that it has invested $2 million in the SeedPlus fund, the size of which has not been disclosed. The firm is also an LP with Jungle Ventures, which operates a $100 million fund principally targeted at Series A deals, but now it

TechCrunch

SeedPlus gets US$2M from World Bank unit to support up to 20 early-stage startups in Asia

International Finance Corporation (IFC), a member of the World Bank Group, has made US$2 million equity investment in Singapore-based VC firm SeedPlus to support early-stage technology entrepreneurship in Asia. The investment falls under the IFC …

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World Bank’s IFC invests US$2m in Singapore-based early stage fund SeedPlus

IFC, a World Bank outfit, said it has invested US$2 million in Singapore-based venture fund SeedPlus to support early stage technology entrepreneurship in Asia. PHOTO: REUTERS. IFC, a World Bank outfit, said it has invested US$2 million in …

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