EXCLUSIVE: Expara to raise new $21.6m fund

Singapore-based venture capital firm Expara Ventures, which invests in interactive and digital media startups in the city-state, Malaysia and Thailand, is raising a new fund with a target of S$30 million (US$ 21.6 million), an executive directly aware of the development said. Called the ‘Regional Early Stage Fund’, it will invest upwards of S$500,000 in startups looking at raising seed and Series A funding.