SG's Accelerating Asia to reach first close of $5m pre-seed VC fund in July

SG's Accelerating Asia to reach first close of $5m pre-seed VC fund in July

Commercial buildings in the central business district are illuminated at dusk in Singapore. Photographer: Brent Lewin/Bloomberg

Accelerating Asia (AA), a Singapore-based accelerator programme, expects to reach the first close of its $5-million first pre-seed venture fund in July.