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# Singapore's VC firm Jungle Ventures raises $600 million
- URL: https://www.techloy.com/singapores-vc-firm-jungle-ventures-raises-600-million/
- Published: 2022-05-18T10:50:34.000Z
- Updated: 2022-12-08T00:40:13.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Money, Tech in Singapore

[Jungle Ventures,](https://www.jungle.vc/) a venture capital firm based in Singapore has raised $600 million in its fourth funding round to expand in Southeast Asia and India. 

- $450 million of the funds will go to new investments while $150 million is allocated to follow-up investments, the firm claims.
- Launched in 2012, Jungle Ventures debuted as a $10 million fund and currently has 60 portfolio companies, over $12 billion enterprise value and clocks $1 billion total assets under management with the new fund.
- Some of the new funds have been invested in Vietnamese digital bank Timo, Singapore office operating system Sleek, Indian D2C consumer electronics brand Atomberg, and Eveworld, a Web3.0-based social-crypto community for women.
- The firm plans to invest in more companies in Southeast Asia and India.