Kuala Lumpur-based venture capital firm Vynn Capital has teamed up with Japanese advisory and consulting firm OPTI to bring investments from Japan into Southeast Asia. The two companies will collaborate to bolster the ecosystem for early-stage companies in Japan and Southeast Asian nations.
In a statement, Vynn Capital said that the partnership is only the beginning in a series of collaborations with Japanese companies. It is currently in talks with other firms that are interested to invest in Southeast Asia.
“Through this partnership with OPTI, we hope to bring more Japanese companies across the border and to help our portfolio companies to expand their influence on Japan. With all this, we are open to conversations with Japanese large companies that are looking at Southeast Asia,” said Victor Chua, Vynn Capital’s founding and managing partner.
Vynn Capital was founded in 2018 by Chua, who left Gobi Partners as vice president. The firm said that it is on track in its fundraising from Japanese investors in the coming months as there are now more opportunities for investment and more space for growth funds in the market.
Earlier this year, the firm raised an undisclosed amount from Malaysia Venture Capital Management Bhd (MAVCP), Malaysia’s largest investor, which has backed a number of VC funds, including Gobi Fund III. Vynn Capital also recently signed a partnership with Vietnam’s National Agency for Technology Entrepreneurship (NATEC) to boost investment in Vietnam.
To date, Vynn Capital has invested in Indonesia’s Travelio and Pomona, as well as Malaysia’s Carsome and Dropee.