500 Southeast Asia makes $17.9m initial close of latest venture fund

500 Southeast Asia makes $17.9m initial close of latest venture fund

Photo: Ipsita Ray/DEALSTREETASIA

500 Southeast Asia (formerly 500 Durians), the Southeast Asia-focused fund of global venture capital firm 500 Startups, has raised $17.9 million so far for its latest VC fund, according to its filing with the US Securities and Exchange Commission.