Among Vulcan’s investments are Epic Games, creators of the online game Fortnite; Funko, a compant which creates pop culture products, and Sun Basket, a healthy cooking service that delivers to customers.
(Aug 21): Vulcan Capital, the investment house of late Microsoft Corp co-founder Paul Allen, has opened its first international office in Singapore. The multi-billion dollar fund intends to invest an initial US$100 million ($138.5 million) across Southeast Asian startups.
Vulcan Capital is an unusual addition to the city-state’s investment scene. It is part of Vulcan Inc., which oversees the billionaire’s holdings and supports his causes in everything from elephant conservation to artificial intelligence research. Chief Executive Officer Bill Hilf channeled his late boss’s methodical approach when Vulcan took almost three years to decide on Singapore as an Asian base.
