The Japan International Cooperation Agency (JICA) signed an investment agreement with Openspace Ventures IV, L.P. on September 10.
Investment Partners
Openspace Ventures IV, L.P.
Country (region covered)
Southeast Asia Region
Capital contribution
20 million U.S. dollars
Project Name
Emerging Company Growth Support Investment Business
Business Objectives
This project aims to improve access to finance for emerging companies by investing in funds that invest in emerging companies in Southeast Asia, thereby contributing to the development and expansion of emerging companies in the region.
Business Overview
This project provides risk money to Southeast Asian startups engaged in innovative businesses and supports them in strengthening their management capabilities through investment in a fund managed by Singapore venture capital firm Openspace Ventures Pte.
Contribution to the SDGs
Goal 5 (Achieve gender equality)
Goal 8 (both job satisfaction and economic growth)
Goal 9 (Create a foundation for industry and innovation)
Goal 17 (Let’s achieve our goals in partnership)
© Source JICA
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