DEAL STREET ASIA – Nov 2 - Malaysia-based business social network BEAMSTART is set to launch a $10M Digital Accelerator fund to invest in early-stage technology startups across SE Asia in several weeks. The company will invest ~$100k per company at a pre-seed, accelerator, or late-seed level. Founded in 2016, BEAMSTART has grown into a global community with ~200k members in ~30 countries across the world with operations in Singapore, Malaysia, the Philippines, and China. The firm has also grown its investor community to ~10k angel investors, VC and PE firms, as well as corporate partners in the region.
by Deviana Chuo
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