500 Startups Is Raising A $10M Fund In Thailand To Increase Its Focus On Asia


PUBLISHED September 10, 2015
by Chelsea Ng
tuktuk

500 Startups Is Raising A $10M Fund In Thailand To Increase Its Focus On Asia

http://techcrunch.com/2015/02/15/500-tuktuks/

500 Startups, the U.S. startup investor/accelerator with a reputation for backing startups across the world, is deepening its efforts in Asia with a new $10 million micro-fund for Thailand. The organization launched a $10 million fund for Asia — ‘500 Durians’ — in 2013, but this new one — ‘500 TukTuks’, named after the iconic taxis pictured above — is dedicated to Thailand, a country where there are few VC firms.