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Facebook Co-Founder, Temasek Invest in Asia Tech Startups

By Tony Seruga

Facebook Inc. co-founder Eduardo Saverin and Temasek Holdings Pte, Singapore’s state-owned investment company, are among the main investors in a new venture capital fund that will take stakes in technology companies in Southeast Asia.

The Golden Gate Ventures Fund II LP has already raised $35 million and expects to gather an additional $15 million, said Vinnie Lauria, managing partner of Singapore-based Golden Gate Ventures, in an interview on Tuesday.

“We took the step to bring in strong local partners for the fund,” Lauria said, while declining to comment on how much Temasek and Saverin, who lives in Singapore, are investing. The third major investor is Monitor Capital Partners, a family office based in Belgium, according to Lauria…

Facebook Co-Founder, Temasek Invest in Asia Tech Startups

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