Budding entrepreneurs in Southeast Asia are set to benefit from JFDI Asia’s $2 million funding
Budding tech entrepreneurs in Southeast Asia are set to benefit from more cash in the startup ecosystem, as Singapore-based accelerator program JFDI Asia announced today that it has raised S$2.7 million ($2.1 million) in funding. Investors that contributed include Singapore Infocomm Investments, the investment arm of government agency Infocomm Development Authority of Singapore, as well as Silicon Valley-based Fenox Venture Capital and Russian firm SpinUp Partners. JFDI is a founding member of the Global Accelerator Network, which includes Techstars, Australia’s PushStart, Microsoft’s Azure accelerator in Israel, as well as South Korea’s SparkLabs. It is arguably the premier accelerator in the region. The investment announced today will no doubt bring cheer to the…
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