Singapore's Forge Ventures closes debut fund above target at around $24m

Singapore's Forge Ventures closes debut fund above target at around $24m

Forge Ventures partners and co-founders Kaspar Hidayat (left) and Tiang Lim Foo.

Singapore-headquartered Forge Ventures has closed its debut venture fund at $24 million, higher than the initial target of $15-20 million, according to a top executive.