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In the previous three months, Magic Fund has closed a $30 million second vehicle and backed four Asian entrepreneurs.
Unsplash photo by Alexander Schimmeck
Aastha Maheshwari (Aastha Maheshwari)
8th of July, 2021
PremiumMagic Fund, a global venture fund founded by a group of entrepreneurs-turned-investors, has closed its second vehicle for roughly $30 million, according to Hendra Kwik, its Southeast Asia general partner.
The fund will focus on companies in South and Southeast Asia, in addition to other regions, according to Hendra, who noted that Magic Fund had made four investments in Asia in the last three months.
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Peeba Bimaplan Homebase Magic Fund
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