United States blue chip investor, Lightspeed Venture Partners has announced the launch of its Southeast Asia operations in a press statement dated September 16, 2020.
Lightspeed Venture Partners who have already invested in several startups across Southeast Asia communicaeted in the statement that their Southeast Asia operations will be headquartered in the region’s tech and startup hub Singapore.
“Our mission at Lightspeed has stayed the same, even as our global presence has expanded from Silicon Valley, Israel and China to India, Europe and now Southeast Asia. To support bold entrepreneurs who are building tomorrow’s companies today,” Ravi Mhatre, founder and managing director at Lightspeed Venture Partners, said in the official statement.
“Southeast Asia is undoubtedly one of the fastest-growing innovation ecosystems and we look forward to building deep, long-lasting relationships with founders and the broader tech community.” he said.