London-based Hedosophia invests $14m in SG startup Osome
June 30, 2021
London-based venture capital firm Hedosophia has emerged as the lead backer of a $16 million Series A round announced earlier this month by Singapore-based corporate services firm Osome.
The firm, whose founder Ian Osborne is one of the architects of the US SPAC boom, now has two Southeast Asia investments under its belt. It recently led a $50 million Series B funding round for BukuKas, a startup that focuses on digitising small businesses in Indonesia.
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Hedosophia was the lead investor for BukuKas’s $50 million Series B round announced in May.
The startup has seen more than 100% year-on-year revenue growth thanks to increasing demand.