Investments
87Portfolio Exits
7Funds
8About Openspace Ventures
Openspace Ventures is a venture capital firm. The firm focuses on investing in Southeast Asian companies that create transformative impacts in various sectors. The firm provides funding to early- and growth-stage tech companies, with a particular emphasis on consumer, healthcare, finance, enterprise, and frontier technologies. Its services primarily serve the tech industry. Openspace Ventures was formerly known as NSI Ventures and changed its name to Opensapce. It was founded in 2014 and is based in Singapore.
Latest Openspace Ventures News
Dec 4, 2023
Singapore-headquartered insurtech company Igloo has announced closing its US$36 million pre-Series C funding round led by global investment firm Eurazeo, with participation from Openspace Ventures and existing investor La Maison. According to the company, the latest round was closed at a 50 per cent valuation increase from its Series B+ round in 2022, which was […] The post Igloo nets US$36M in pre-Series C round, set to be profitable in 2024 appeared first on e27.
Openspace Ventures Investments
87 Investments
Openspace Ventures has made 87 investments. Their latest investment was in Kinetic as part of their Seed VC on November 11, 2023.
Openspace Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
11/20/2023 | Seed VC | Kinetic | $7.7M | Yes | 4 | |
11/9/2023 | Seed VC | LXA | $10M | Yes | 1 | |
10/23/2023 | Seed VC - II | Broom | $4M | No | AC Ventures, and MUFG Innovation Partners | 1 |
9/11/2023 | Series A | |||||
8/1/2023 | Series A |
Date | 11/20/2023 | 11/9/2023 | 10/23/2023 | 9/11/2023 | 8/1/2023 |
|---|---|---|---|---|---|
Round | Seed VC | Seed VC | Seed VC - II | Series A | Series A |
Company | Kinetic | LXA | Broom | ||
Amount | $7.7M | $10M | $4M | ||
New? | Yes | Yes | No | ||
Co-Investors | AC Ventures, and MUFG Innovation Partners | ||||
Sources | 4 | 1 | 1 |
Openspace Ventures Portfolio Exits
7 Portfolio Exits
Openspace Ventures has 7 portfolio exits. Their latest portfolio exit was Gojek - GoPlay Business on September 15, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
9/15/2023 | Acquired Unit | 2 | |||
Date | 9/15/2023 | ||||
|---|---|---|---|---|---|
Exit | Acquired Unit | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 2 |
Openspace Ventures Fund History
8 Fund Histories
Openspace Ventures has 8 funds, including OSV+.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
4/21/2022 | OSV+ | $200M | 4 | ||
3/12/2021 | Openspace Ventures III | ||||
7/8/2020 | NSI Ventures III | ||||
8/10/2018 | NSI Ventures II | ||||
10/7/2015 | NSI Ventures I |
Closing Date | 4/21/2022 | 3/12/2021 | 7/8/2020 | 8/10/2018 | 10/7/2015 |
|---|---|---|---|---|---|
Fund | OSV+ | Openspace Ventures III | NSI Ventures III | NSI Ventures II | NSI Ventures I |
Fund Type | |||||
Status | |||||
Amount | $200M | ||||
Sources | 4 |
Openspace Ventures Team
1 Team Member
Openspace Ventures has 1 team member, including current Founding Partner, Shane Chesson.
Name | Work History | Title | Status |
|---|---|---|---|
Shane Chesson | Citigroup, Merrill, and Bain & Company | Founding Partner | Current |
Name | Shane Chesson |
|---|---|
Work History | Citigroup, Merrill, and Bain & Company |
Title | Founding Partner |
Status | Current |
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