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Eduardo Saverin
Funds
Eduardo Saverin's B Capital raises its first early-stage VC fund
The firm already has more than US$6 billion in assets under management and deploys it across the globe.
July 19, 2022
IPO
Ninja Van aiming for US IPO next year, valuation crossed US$1 bil
Its backers include Facebook's Singapore-based co-founder Eduardo Saverin’s B Capital
July 25, 2021
Global Economy
Briefs
Quoteworthy: “This can’t be another woulda, coulda, shoulda election. No matter what, vote.” –— Hilary Clinton, who is urging Americans to make their views count at the ballot box.
August 21, 2020
Startups, Entrepreneurs, Digital economy
First-time female founder nabs US$25 mil to expand health site
SINGAPORE (Mar 13): CXA Group, a Singapore-based health service backed by Facebook co-founder Eduardo Saverin, raised US$25 million ($33.9 million) by selling convertible debt to new investors including HSBC Holdings Plc as it expands in Asia.
March 13, 2019
Startups, Entrepreneurs, Digital economy
Facebook co-founder says social networks to face more regulation
(Sept 6): Eduardo Saverin, co-founder of Facebook Inc., said social networks are heading for more regulation and change, as political pressures mount and users fragment into specialised interests.
September 07, 2018
In print this week
iVideoSmart helping content producers and publishers earn more from ads
SINGAPORE (May 7): For an industry that generates so much money, advertising has many unhappy stakeholders. “The media industry is kind of broken; because vendors are not happy with the performance rates, publishers and content owners don’t make as mu
May 09, 2018
Startups, Entrepreneurs, Digital economy
Singapore's Golden Gate is said raising US$100 mil VC fund
SINGAPORE (Mar 12): Singapore’s Golden Gate Ventures is raising a US$100 million ($131.5 million) third fund to continue investing in Southeast Asia’s burgeoning market for e-commerce, payments and mobile apps, according to a person familiar with the
March 12, 2018
Fintech
P2P lender Capital Match raises Series B from B Capital Group
SINGAPORE (Jan 25): Debt and invoice crowdfunding platform Capital Match has raised an undisclosed sum in Series B funding. The round was led by B Capital Group, a venture capital firm backed by Facebook co-founder Eduardo Saverin.
January 26, 2018
Facebook co-founder Saverin backs health marketplace startup CXA
SINGAPORE (Feb 8): Facebook Inc. co-founder Eduardo Saverin’s B Capital Group has led a new financing round for a Singapore-based online health insurance service that values the startup at US$100 million ($141.8 million).
February 08, 2017
Online grocer backed by Facebook billionaire said to seek buyer
SINGAPORE (Sept 20): RedMart, the Singapore online grocer backed by billionaire Facebook Inc. co-founder Eduardo Saverin, is seeking a buyer as competition intensifies in the city-state, people with knowledge of the matter said.
RedMart is working with
September 20, 2016