Heritas Capital and DBS announce successful first close of the Asia Impact First Fund with over US$20 million raised

DBS and Heritas Capital today announced the successful first close of the Asia Impact First Fund (AIFF), which was launched last August with an investment mandate to support innovative and high-growth social enterprises in the region. The fund has raised over USD 20 million – led by anchor investor...

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Heritas Capital continues backing Holmusk in its US$45m Series B round led by Veradigm Inc.

Veradigm Inc., formerly Allscripts Healthcare Solutions, Inc., announced today an investment in Holmusk, a global behavioral health real-world evidence and data analytics company, as part of Holmusk’s $45 million series B financing round. The round was led by Veradigm, with participation from current investors including Heritas Capital, Health Catalyst...

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Heritas Capital continues backing Alchemy Foodtech in its oversubscribed US$3m extended bridge round

Alchemy Foodtech, a Singapore-based food innovation company with a mission to “Make Carbs Good” by reducing carbohydrates, sugar and GI of foods while delivering great taste, raised USD$3million from investors including public-listed Thai President Foods, Pine Venture Partners and Selera Kapital, an investment arm of Sour Sally Group. Existing...

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Why venture capitalists are investing in Singapore’s health and biomedicine start-up ecosystem

The rapid pace of medical innovation and transformation during the Covid-19 pandemic radically changed how Singapore-based investor Chik Wai Chiew imagined he and his company could have an impact on society. The CEO and executive director of Heritas Capital, a private-equity and venture-capital (VC) company, realised it was essential to...

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Heritas Capital announces the launch of US$50 million Asia Impact First Fund to scale innovative and high-growth social enterprises across Asia for greater social and environmental impact

Heritas Capital1 announces the launch of Asia Impact First Fund (AIFF), with a proposed fund size of US$50 million, to back 10 to 15 innovative and high-growth social enterprises across Asia. AIFF will provide growth capital to social enterprises with a clear and demonstrated social and/or environmental impact, and...

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