Openspace

The best feedback we can get is from our founders—and we’re glad that Billy Kurniawan, Founder and CEO of Jiwa Group (Kopi Janji Jiwa & Jiwa Toast) recognizes the added value Openspace brings to the table. At Openspace, our role extends far beyond capital deployment; it’s about offering strategic guidance and hands-on support to navigate business complexities. We ride the growth cycle side-by-side with our portfolio companies and we are actively involved across multiple business functions, turning challenges into opportunities. We're committed to making our team available where and when our portfolio companies need assistance. #activeintelligence #venturecapital #funding #janjijiwa #southeastasia

Our latest piece on DePIN in Web3 is out! 🚀 Venture funding for DePIN is on the rise, with 70 projects raising a combined $192M. It shows immense potential and innovation within this sector. But despite the vast amount of capital pumped into DePIN projects, the sector is not without its challenges. Here, we explore the current state of DePIN, the issues and challenges DePIN projects are facing, and the next steps for the sector to grow. Discover more in the full article here: https://lnkd.in/gYJG2JQC #DePIN #web3 #funding #fundraising

“Climate tech investing is on the rise in Southeast Asia. The sector is seeing growing interest from investors, with the share of climate tech deals as a proportion of all venture funding expanding from 3.2% in 2019 to 9.5% in 2023.” Read more from Shane Chesson and Jaclyn Seow from Openspace Ventures and Claudia Zeisberger from INSEAD >> http://spr.ly/6040gvu6a #climatetech #investing #SREM #SuperReturn

Another conversation around Malaysia becoming a tech hub and why we're bullish on the region. Hian Goh, Vishal Harnal, and Michael Blakey also explore some intriguing questions: are founders with Ivy League educations more likely to succeed? And what about the qualities of founders—would you invest in a difficult but high-potential individual or stick to people you like working with? Episode 21 of the Unreasonable Podcast is out now and join the conversation! 🔗 https://lnkd.in/gHjw9YUY Also shoutout to Poddster Singapore for hosting the first in-person recording outside our office in their fantastic space! #activeintelligence #Malaysia #podcast

How do we ensure our portfolio companies are aligned on ESG initiatives across different markets? How do we navigate the diverse regulatory environments? Jaclyn Seow, our ESG & Impact Director will be speaking at the Responsible Investment Forum Asia 2024 on: 📅 Tuesday, 29 October 2024 ⏲ 10.05 AM SGT 📍 Marina Bay Sands, Singapore Join Jaclyn Seow and other industry professionals as they explore these vital topics on how we foster collaboration among our investment teams and portfolio companies, integrate ESG into the investment cycle, and the developing sustainable investment strategies. Register here: https://lnkd.in/gk4cdQyW New Private Markets #activeintelligence #ESG #impact

Lucence, one of our portfolio companies, was recently featured in Forbes, highlighting their 7-year journey in cancer care. Lucence is a biotech company based in Singapore that transforms cancer care with its liquid biopsies. Their flagship product, LiquidHALLMARK, provides tumor information for 15 types of cancer and has secured Medicare coverage, making Lucence the first Asian company to achieve this in the U.S. Building on this success, Lucence launched its second flagship product, LucenceINSIGHT, an early detection test that can screen for 50 cancers at their early stages. In addition to these achievements, Lucence recently won the grand prize at the FedEx Small Business Grant Contest and was recognized among the Forbes Asia 100 to Watch companies. We are proud and remain committed to supporting innovative companies like Lucence in their mission to make a global impact. Read more about Lucence's inspiring 7-year journey here: https://lnkd.in/g8D5SknX Min-Han Tan Min-Liang Tan #activeintelligence #biotech #pharma

Southeast Asia's climate tech scene is booming, but a gap still exists. While there has been significant support and tailwinds from enhanced early-stage VC, a strategic and government involvement, there’s still space to do more at the growth stages for some of the region's most promising climate opportunities. Regional expertise and climate-specific stewardship are needed to help take these companies to the next level. Check out our thoughts on this important and exciting topic, written by Jaclyn Seow, our Head of ESG & Impact, Shane Chesson, our Founding Partner, and Claudia Zeisberger, Senior Affiliate Professor of Entrepreneurship & Family Enterprise, INSEAD on the link below: https://lnkd.in/g5p-SVw2 Contributions were also made by Jomo Filhart and Bryan Ge. It was published by Informa Connect ahead of their SuperReturn Emerging Markets event in Amsterdam next week 24-26 June. Our Partner, Jessica Huang Pouleur, will be speaking at SuperReturn Emerging Markets next week. Send us a message if you will be in Amsterdam and would like to meet Jessica Huang Pouleur to learn more about our thoughts on the climate tech opportunity in Southeast Asia. Register now and save 10% using our code FKR3553SPK here: https://lnkd.in/g76cWEU #activeintelligence #SoutheastAsia #investment #SREM #SuperReturn

#SLINGSHOT2024 is back for its 8th edition and we are excited to share that our Executive Director, Ayu T., will be a part of the judging panel for Asia’s most exciting #deeptech #startup competition! For all startups, join the SLINGSHOT competition and compete in any one of the five emerging challenge domains to unveil your trailblazing solutions and innovations to key industry leaders and global investors. Vie for a chance to be part of the SLINGSHOT Top 50 Global Startups to win a sponsored trip to Singapore, immerse in Asia’s leading tech startup community, and compete for more than S$1.2 million worth of grand prizes. Apply by 1 July 2024: https://lnkd.in/gHCAAzvi Singapore Week of Innovation and Technology (SWITCH) | Startup SG #SLINGSHOT2024 #SLINGSHOT #deeptech #innovation

🌱 Our food systems are on the brink of unprecedented challenges. By 2050, the global population is projected to reach 9 billion people, significantly increasing the demand for meat, eggs, and dairy. This surge also comes with rising food waste which leads to increased greenhouse gas emissions and contributes to climate change. At the Future of Food event by Synthesis—Menu 2034, we explored two potential scenarios for what a nutritious, sustainable, and cost-effective diet could look like in a decade. This event explored the real-life challenges our food systems would face, including sourcing, stretching, and finding nutritional sustenance for all. At Openspace, we're looking deeper into #climate investments in the region, and are always supportive of innovations that will help create a sustainable future for generations to come. Check out some highlights from the event below! #activeintelligence #sustainability

A slowdown in startup funding isn't necessarily a bad thing. Hian Goh recently joined Tian Tian C. on MONEY FM 89.3 and the interview is now available on the "Under the Radar" podcast, tackling hot topics around what the funding winter means for VC firms, making tough investment decisions, screening quality investment amid the Gen AI craze, and Openspace's exit strategy and what's next on our horizon. Plus, get insights on how we find, back, and journey with startups as they mature through stages using Active Intelligence. Tune in to the full episode to hear more about Hian's approach and insights: 🎙 Spotify: https://lnkd.in/gkrGtfBB 🎙 Apple Podcast: https://lnkd.in/g9N48wEb 🎙 Omny Studio: https://lnkd.in/gVz_XGgD A huge thank you to Tian Tian C. and MONEY FM 89.3 for having us on the show! 🙌 #activeintelligence