TRIVE Digital General Partners Daryl Lim (L) and Shawn Tan
Singapore-based multi-strategy VC firm TRIVE Ventures has launched Digital Frontier Fund to support the next wave of startups harnessing artificial intelligence (AI) and blockchain technologies.
The new global fund targets investments in early-stage companies within infrastructure, entertainment, and financial services.
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Led by its newly established division, TRIVE Digital, the Digital Frontier Fund is spearheaded by blockchain experts and General Partners Daryl Lim and Shawn Tan.
The fund completed a soft close on August 31, 2024, securing 20 per cent of its target capital. It has already deployed capital into portfolio companies, including Klink Finance, RPS Labs, Coinseeker, and Sphinx Exchange. The fund aims to make an additional 40 to 60 investments throughout its lifecycle.
The parent TRIVE Ventures has experience investing in blockchain projects such as MVLLabs, a mass vehicle ledger blockchain platform, and Tokenize Xchange, a cryptocurrency exchange.
TRIVE is an early-stage licensed alternative investments fund manager and advisory firm based in Singapore. The firm focuses on bringing alternative asset opportunities to high-net-worth business families across Southeast Asia, helping them diversify their portfolios with high-growth ventures.
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