The Series B funding round was led by FMO, Netherlands’ public-private development bank. Other participating investors include Taiwan’s Cathay Financial Holdings, Singapore’s Openspace Ventures (previously NSI Ventures), Temasek investment arm Vertex Ventures, Thailand’s AddVentures by SCG and Vietnam’s VinaCapital Ventures.
SINGAPORE (Feb 25): Validus Capital, a Singapore-based SME financing platform, has raised $20.5 million in its oversubscribed Series B funding round.

