Plug and Play plans to set up SE Asia-focused fund for early-stage bets

Silicon Valley-based incubator and accelerator Plug and Play is planning to set up a Southeast Asia-focused fund – with a potential target size of $30-50 million – over the next one or two years after seeing good traction in the region’s startup ecosystem, Plug and Play’s Asia-Pacific managing partner Jupe Tan told DealStreetAsia.