MassMutual Ventures has followed up on the $50m Southeast Asian fund it launched in late 2018 with a second vehicle dedicated to the region.
MassMutual Ventures, US-based insurance firm MassMutual’s corporate venture capital arm, launched a $100m Southeast Asia fund yesterday, bringing the unit’s overall capital under management to $350m.
Founded in 2014, MassMutual Ventures invests in areas such as financial technology, digital health, cybersecurity and enterprise software. The new vehicle is its fourth, two of which are $100m funds that are overseen by its US office.
The launch of the latest fund follows MassMutual’s establishment of a $50m vehicle for Southeast Asian…