Collaborative Fund backs Korea’s Sopoong Ventures to grow its footprint in Asia

Variety
06-06-2023 | 08:55
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Collaborative Fund backs Korea’s Sopoong Ventures to grow its footprint in Asia
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Collaborative Fund backs Korea’s Sopoong Ventures to grow its footprint in Asia

Venture capital firms often open a physical office or hire local investors to make inroads into new markets, especially when expanding internationally.  

But funds are increasingly exploring a variety of other routes into new markets to shore up their deal flow. Most recently, a16z unveiled its fund-of-funds plan to invest in earlier-stage companies, and Sequoia Capital has built out programs for early-stage startups.
 

Collaborative

Fund

Backs

Korea

Sopoong

Ventures

Grow

Footprint

Asia

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