DEG proposes $22m investment in Jungle Ventures’s fourth SE Asia fund

DEG proposes $22m investment in Jungle Ventures’s fourth SE Asia fund

Photo: REUTERS/Beawiharta

German development finance institution Deutsche Investitions- und Entwicklungsgesellschaft (DEG) is considering a $22-million investment in the fourth Southeast Asia fund of Singapore-based venture capital firm Jungle Ventures, according to its disclosure.