Square Peg Capital, one of Australia’s largest venture capital firms with current assets under management of about $3 billion USD, is digging deeper into Southeast Asia. The firm is currently raising $550 million in new funding, and if its recent investment history is anything to go by, a good chunk of that will be invested into Southeast Asian startups.
Tushar Roy, partner at Square Capital, told TechCrunch that Southeast Asia has been the firm’s fastest-growing geographical footprint (it is also known for investments in Israel). Half of the firm’s last $275 million fund, called Fund 3, was invested in Southeast Asia. Across all its funds, Square Peg has now invested a total of about $250 million …
