Corporate-backed venture capital firm 500 Startups has participated in another round for restaurant booking service Qraved.
Indonesia-based restaurant booking platform Qraved has closed a series B round at $8m with participation from corporate-backed venture capital firm 500 Startups, Tech in Asia reported on Friday.
The series B round was co-led by Richmond Global Ventures and Gobi Partners. Convergence Ventures, M&Y Partners and angel investor Toivo Annus, co-founder of voice-over-IP service Skype, also took part.
500 Startups manages several corporate-backed funds, including a $85m fund backed by advertising firm Dentsu, media company Yahoo Japan and Malaysian government-backed…
