JUNGLE VENTURES III LP
Status: Approved investmentWhy disclosure?
FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more
In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Jungle Ventures III is a South-East Asia-focused venture capital fund managed by a Singapore-based team.
What is our funding objective?
The Fund will invest in Series A and Series B financing rounds of scalable businesses in fintech, e-commerce, marketplaces, travel, media, and software enterprise industries.
Why do we fund this investment?
FMO intends to invest in Jungle Ventures III to stimulate entrepreneurship across South-East Asia and support entrepreneurs in scaling up innovative businesses that can contribute to the sustainability of the local economic activity and prevent talent flight.
What is the Environmental and Social categorization rationale?
The portfolio and pipeline mainly consist of low-risk companies. The fund manager has a leading positing with respect to E&S systems across regional venture capital investors. FMO will work in further developing the E&S practices.
- Region
- Asia
- Country
- Asia
- Sector
- Infrastructure, Manufacturing and Services
- Publication date
- 4/29/2019
- Effective date
- 10/13/2019
- Total FMO financing
- USD 10.00 MLN
- Funding
- FMO NV
-
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B