The venture firm is working on a new vehicle which could be larger in size than its Sega Sammy and Septeni-backed second fund.

Singapore-based venture capital firm KK Fund, which has received backing from corporate limited partners in the past, is raising an undisclosed amount of capital for its third vehicle, DealStreetAsia reported yesterday.

KK Fund co-founder and general partner Koichi Saito told DealStreetAsia the new iteration may be larger in size and is set to reach a first close later this year, but did not disclose further details. It intends to back some 30 companies through the fund in areas including healthcare,…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.