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.

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
SGX Briefs - THE EDGE SINGAPORE

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.

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.

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.

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

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

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.

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).
RedMart

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
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