Developer docs
API playgroundTry for free, no card

Search company profiles

Altara Ventures

Full company profile

uuid0000otg

Namestring
Altara Ventures
Legal namestring
Altara Ventures
Company typeenum
Private
Founded yearint
2019
Descriptiontext

Altara Ventures is a Singapore-based early-stage venture capital firm founded in 2019 by a partnership of five General Partners — Dave Ng, Seow Kiat Wang, Koh Boon Hwee (Chairman), Gavin Teo, and Tan Chow Boon — who collectively bring operator backgrounds spanning Omni Electronics (S$1.6B exit), SingTel, Singapore Airlines, DBS Bank, Agilent Technologies, B Capital Group, Comcast Ventures, Zynga, and Gojek. The firm invests in early-stage companies across Southeast Asia and selectively the United States, organized around six core sectors: Enabling Financial Services, Next-Gen Consumer Platforms, Digitizing the Enterprise, Driving Healthcare Outcomes, Rewiring Supply Chains, and Unlocking Human Potential. Named portfolio holdings include Netbank (Philippines BaaS, led Series B Apr 2026), Tonik (Philippines neobank, backed since Pre-Series B), PolicyStreet (Malaysia insurtech, led Series A, participated in US$21M Series C Apr 2026 with Cool Japan Fund), Buy&Ship (Hong Kong cross-border e-commerce, US$12M Series C Jan 2026), Kyan (Singapore precision medicine biotech), Klinik Pintar (Indonesia primary care network), Reach52 (India pharma distribution), Clevai (Vietnam AI tutoring, led US$2.1M Pre-A), Hyperlounge (South Korea BI SaaS), Oddle (Singapore F&B tech), SATURDAYS (Indonesia D2C eyewear), Staffinc (Indonesia jobs platform), Allra Fintech (Korea), Senseye (USA mental health), FreeAgentCRM (US enterprise SaaS), and Digital Pathology (SEA lab network with MiRXES).

The firm operates a standard 2-and-20 fund management model: approximately 2% annual management fees on committed capital and 20% carried interest on profitable portfolio exits. Fund 1 is deployed and Fund 2 was launched during 2025, with the 2024 Annual Investor Meet themed "Generating Liquidity & Launching Fund 2." Sourcing is conducted via direct founder outreach, regional startup events (Tech In Asia, Techsauce Global Summit, XenConnect Manila), and portfolio referrals; co-investors include Cool Japan Fund, Gobi Partners, iGlobe Partners, Sequoia India, Openspace Capital, and AppWorks. Altara supports portfolio companies primarily by leading Series A/B rounds and participating in follow-on rounds, with the team of 11–50 employees split across four-plus country offices (Singapore headquarters at Floor 28, 9 Battery Road) and covering ten geographies (Singapore, Malaysia, Indonesia, Vietnam, Philippines, Thailand, Hong Kong, South Korea, India, USA).

Revenue mechanics are typical of a sub-$250M AUM early-stage VC: management-fee income during the Fund 1 deployment and Fund 2 launch phase, with future carried interest contingent on exits. Pricing is structured as multi-year LP commitments (typically $1M+ for institutional LPs), and the firm does not publicly disclose fund size, AUM, or revenue. The customer base comprises two segments: (i) early-stage founders in Southeast Asia and (ii) institutional LPs and family offices committing capital to the venture funds.

Short descriptiontext

Singapore-based early-stage venture capital firm (founded 2019) investing across Southeast Asia in fintech, consumer, enterprise software, healthcare, logistics, and edtech, operating from four-plus country offices under a standard two-and-twenty fund structure.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersSingapore, Singapore
HQ citystring
Singapore
HQ countrystring
Singapore
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
early-stage venture capital, Southeast Asia investing, portfolio investment management, startup funding rounds, growth equity backing
Industry1 code
1Emerging Manager / Seeding Platforms (Multi-Manager)
CodeFSANAGAFPrimaryYes
NAICS code2 codes
  • Portfolio Management and Investment Advice52394
  • Portfolio Management and Investment Advice523940
SIC code1 code
  • Investment Advice6282
Product category
Venture Capital
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Management Fees
TypeManaged Services
Description

VC firms typically charge 2% management fee on committed capital annually during the investment period, with standard 2-and-20 fee structure (2% management fee, 20% carried interest on profits).

altaraventures.com
2Carried Interest
TypeLicensing Royalties
Description

20% carry on profits generated from successful portfolio company exits, which is the primary economic incentive for VC funds.

altaraventures.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Pricing details1 tier
1Limited Partner Investment Commitments
ModelOtherBilling cadenceMulti-year contract
Notes

VC funds raise capital from institutional LPs (Limited Partners) and family offices. Investment commitments typically start at $1M+ for institutional LPs.

altaraventures.com
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Altara Ventures is a Singapore-based early-stage venture capital firm that invests capital from Limited Partners into startup companies across Southeast Asia and beyond. The firm deploys multiple venture funds (Fund 1 deployed, Fund 2 launching) into six core sectors — Enabling Financial Services, Next-Gen Consumer Platforms, Digitizing the Enterprise, Driving Healthcare Outcomes, Rewiring Supply Chains, and Unlocking Human Potential — typically leading or co-leading Seed through Series B rounds while providing hands-on operational support to founders.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Altara Ventures is a Singapore-based early-stage venture capital firm that deploys capital across Southeast Asia and beyond, investing in six core sectors: Enabling Financial Services, Next-Gen Consumer Platforms, Digitizing the Enterprise, Driving Healthcare Outcomes, Rewiring Supply Chains, and Unlocking Human Potential. The firm's investment activity is organized around portfolio companies spanning fintech (Netbank, PolicyStreet, Tonik), healthtech (Kyan, Klinik Pintar, Reach52, Senseye), edtech (Clevai), enterprise software (Hyperlounge, Oddle), consumer (SATURDAYS), and cross-border e-commerce (Buy&Ship). The Altara Ventures Investment Platform itself serves as the primary vehicle through which the firm sources deals, supports portfolio companies, and engages with limited partners and founders.

Product and service1 record
1Altara Ventures Investment Platform
CategoryVenture Capital Fund Management
Scale indicator5 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Singapore-headquartered early-stage VC focused on Southeast Asia, investing across consumer, fintech, and enterprise. Closely comparable in geography, stage, and Southeast Asia focus; has even co-led SATURDAYS' Series B alongside Altara participation.

TypeDirect peer
Description

Singapore-based early-to-growth-stage VC focused on technology and fintech in Asia. Comparable in Singapore base and fintech exposure; has co-led Tonik's Pre-Series B alongside Altara.

TypeDirect peer
Description

Indonesia and Singapore-based early-stage VC investing across Southeast Asia. Comparable in stage, regional focus, and sector breadth, with a heavier Indonesia tilt.

TypeDirect peer
Description

Singapore-based early-stage VC focused on Southeast Asia with fintech and enterprise emphasis. Directly comparable in geography, stage, and fintech tilt; has co-invested with Altara in Netbank.

TypeDirect peer
Description

Singapore and Los Angeles-based early-stage VC investing in enterprise and consumer across Southeast Asia. Comparable in stage, cross-border model, and operator-led GP bench.

TypeDirect peer
Description

Indonesia/Singapore-based early-stage VC investing across Southeast Asia in fintech, consumer, and enterprise. Highly comparable in stage, geographic focus, and sector breadth, with deeper Indonesian roots than Altara.

TypeDirect peer
Description

Singapore-based early-stage VC focused on Southeast Asia. Closely comparable in stage, geography, and Singapore-headquartered emerging-manager positioning.

TypeDirect peer
Description

Singapore-based early-stage venture capital firm investing across Southeast Asia in fintech, consumer, and enterprise software. Directly comparable to Altara in stage, geography, sector mandate, and GP-driven operator model.

TypeDirect peer
Description

Singapore-headquartered early-stage VC with Southeast Asia focus across fintech, consumer, and enterprise. Comparable in stage, geography, and emerging-manager positioning.

TypeBroad incumbent
Description

Major global VC with significant Southeast Asia presence and multi-stage, multi-sector exposure. Overlap with Altara on geography and sectors but operates at far larger fund sizes and brand recognition; competes for the same founder mindshare.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers12 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles9 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment26 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Altara Ventures

Venture Capitalaltaraventures.com

Singapore-based early-stage venture capital firm (founded 2019) investing across Southeast Asia in fintech, consumer, enterprise software, healthcare, logistics, and edtech, operating from four-plus country offices under a standard two-and-twenty fund structure.

What Altara Ventures does

Altara Ventures is a Singapore-based early-stage venture capital firm founded in 2019 by a partnership of five General Partners — Dave Ng, Seow Kiat Wang, Koh Boon Hwee (Chairman), Gavin Teo, and Tan Chow Boon — who collectively bring operator backgrounds spanning Omni Electronics (S$1.6B exit), SingTel, Singapore Airlines, DBS Bank, Agilent Technologies, B Capital Group, Comcast Ventures, Zynga, and Gojek. The firm invests in early-stage companies across Southeast Asia and selectively the United States, organized around six core sectors: Enabling Financial Services, Next-Gen Consumer Platforms, Digitizing the Enterprise, Driving Healthcare Outcomes, Rewiring Supply Chains, and Unlocking Human Potential. Named portfolio holdings include Netbank (Philippines BaaS, led Series B Apr 2026), Tonik (Philippines neobank, backed since Pre-Series B), PolicyStreet (Malaysia insurtech, led Series A, participated in US$21M Series C Apr 2026 with Cool Japan Fund), Buy&Ship (Hong Kong cross-border e-commerce, US$12M Series C Jan 2026), Kyan (Singapore precision medicine biotech), Klinik Pintar (Indonesia primary care network), Reach52 (India pharma distribution), Clevai (Vietnam AI tutoring, led US$2.1M Pre-A), Hyperlounge (South Korea BI SaaS), Oddle (Singapore F&B tech), SATURDAYS (Indonesia D2C eyewear), Staffinc (Indonesia jobs platform), Allra Fintech (Korea), Senseye (USA mental health), FreeAgentCRM (US enterprise SaaS), and Digital Pathology (SEA lab network with MiRXES).

The firm operates a standard 2-and-20 fund management model: approximately 2% annual management fees on committed capital and 20% carried interest on profitable portfolio exits. Fund 1 is deployed and Fund 2 was launched during 2025, with the 2024 Annual Investor Meet themed "Generating Liquidity & Launching Fund 2." Sourcing is conducted via direct founder outreach, regional startup events (Tech In Asia, Techsauce Global Summit, XenConnect Manila), and portfolio referrals; co-investors include Cool Japan Fund, Gobi Partners, iGlobe Partners, Sequoia India, Openspace Capital, and AppWorks. Altara supports portfolio companies primarily by leading Series A/B rounds and participating in follow-on rounds, with the team of 11–50 employees split across four-plus country offices (Singapore headquarters at Floor 28, 9 Battery Road) and covering ten geographies (Singapore, Malaysia, Indonesia, Vietnam, Philippines, Thailand, Hong Kong, South Korea, India, USA).

Revenue mechanics are typical of a sub-$250M AUM early-stage VC: management-fee income during the Fund 1 deployment and Fund 2 launch phase, with future carried interest contingent on exits. Pricing is structured as multi-year LP commitments (typically $1M+ for institutional LPs), and the firm does not publicly disclose fund size, AUM, or revenue. The customer base comprises two segments: (i) early-stage founders in Southeast Asia and (ii) institutional LPs and family offices committing capital to the venture funds.

Altara Ventures firmographics

Firmographics
Name
Altara Ventures
Legal name
Altara Ventures
Website
https://altaraventures.com
Company type
Private
Founded year
2019
Operating status
Operating
Headcount range
11–50 employees
Short description
Singapore-based early-stage venture capital firm (founded 2019) investing across Southeast Asia in fintech, consumer, enterprise software, healthcare, logistics, and edtech, operating from four-plus country offices under a standard two-and-twenty fund structure.
Ownership category
akta.pro rank

Altara Ventures industry classification

Industry
Product category
Venture Capital
NAICS
Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940)
SIC
Investment Advice (6282)
akta.pro primary industry
Emerging Manager / Seeding Platforms (Multi-Manager) (FSANAGAF)

Keywords

  • Early-stage venture capital
  • Southeast Asia investing
  • Portfolio investment management
  • Startup funding rounds
  • Growth equity backing

Where Altara Ventures is headquartered

Location

Headquarters

HQ city
Singapore
HQ country
Singapore
HQ region
Asia

Offices1 record

Markets served

Altara Ventures business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

  1. Management Fees: VC firms typically charge 2% management fee on committed capital annually during the investment period, with standard 2-and-20 fee structure (2% management fee, 20% carried interest on profits).
  2. Carried Interest: 20% carry on profits generated from successful portfolio company exits, which is the primary economic incentive for VC funds.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractLimited Partner Investment Commitments

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Altara Ventures product offering

Product offering

Core offering

Altara Ventures is a Singapore-based early-stage venture capital firm that invests capital from Limited Partners into startup companies across Southeast Asia and beyond. The firm deploys multiple venture funds (Fund 1 deployed, Fund 2 launching) into six core sectors — Enabling Financial Services, Next-Gen Consumer Platforms, Digitizing the Enterprise, Driving Healthcare Outcomes, Rewiring Supply Chains, and Unlocking Human Potential — typically leading or co-leading Seed through Series B rounds while providing hands-on operational support to founders.

Product overview

Altara Ventures is a Singapore-based early-stage venture capital firm that deploys capital across Southeast Asia and beyond, investing in six core sectors: Enabling Financial Services, Next-Gen Consumer Platforms, Digitizing the Enterprise, Driving Healthcare Outcomes, Rewiring Supply Chains, and Unlocking Human Potential. The firm's investment activity is organized around portfolio companies spanning fintech (Netbank, PolicyStreet, Tonik), healthtech (Kyan, Klinik Pintar, Reach52, Senseye), edtech (Clevai), enterprise software (Hyperlounge, Oddle), consumer (SATURDAYS), and cross-border e-commerce (Buy&Ship). The Altara Ventures Investment Platform itself serves as the primary vehicle through which the firm sources deals, supports portfolio companies, and engages with limited partners and founders.

Differentiator

Problem solved

Functional benefit

Products and services

  • Altara Ventures Investment Platform

Companies that use Altara Ventures

Customer profile

Named customers12 records

Segments2 records

Ideal customer profiles2 records

Altara Ventures technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Altara Ventures partnerships and signals

Strategic signal

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Altara Ventures competitors and assessment

Company assessment

Direct peers

  • Openspace Ventures: Singapore-headquartered early-stage VC focused on Southeast Asia, investing across consumer, fintech, and enterprise. Closely comparable in geography, stage, and Southeast Asia focus; has even co-led SATURDAYS' Series B alongside Altara participation.
  • iGlobe Partners: Singapore-based early-to-growth-stage VC focused on technology and fintech in Asia. Comparable in Singapore base and fintech exposure; has co-led Tonik's Pre-Series B alongside Altara.
  • Alpha JWC Ventures: Indonesia and Singapore-based early-stage VC investing across Southeast Asia. Comparable in stage, regional focus, and sector breadth, with a heavier Indonesia tilt.
  • January Capital: Singapore-based early-stage VC focused on Southeast Asia with fintech and enterprise emphasis. Directly comparable in geography, stage, and fintech tilt; has co-invested with Altara in Netbank.
  • Wavemaker Partners: Singapore and Los Angeles-based early-stage VC investing in enterprise and consumer across Southeast Asia. Comparable in stage, cross-border model, and operator-led GP bench.
  • East Ventures: Indonesia/Singapore-based early-stage VC investing across Southeast Asia in fintech, consumer, and enterprise. Highly comparable in stage, geographic focus, and sector breadth, with deeper Indonesian roots than Altara.
  • Golden Gate Ventures: Singapore-based early-stage VC focused on Southeast Asia. Closely comparable in stage, geography, and Singapore-headquartered emerging-manager positioning.
  • Monk's Hill Ventures: Singapore-based early-stage venture capital firm investing across Southeast Asia in fintech, consumer, and enterprise software. Directly comparable to Altara in stage, geography, sector mandate, and GP-driven operator model.
  • Quest Ventures: Singapore-headquartered early-stage VC with Southeast Asia focus across fintech, consumer, and enterprise. Comparable in stage, geography, and emerging-manager positioning.

Broad incumbents

  • Sequoia Capital Southeast Asia: Major global VC with significant Southeast Asia presence and multi-stage, multi-sector exposure. Overlap with Altara on geography and sectors but operates at far larger fund sizes and brand recognition; competes for the same founder mindshare.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Altara Ventures social profiles

Digital presence

Altara Ventures financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Altara Ventures leadership team

Management profile

Number of profiles

Profiles9 records

Altara Ventures funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Altara Ventures M&A and investment

M&A and investment

M&A

Investments26 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Altara Ventures

What does Altara Ventures do?

Altara Ventures is a Singapore-based early-stage venture capital firm that invests capital from Limited Partners into startup companies across Southeast Asia and beyond. The firm deploys multiple venture funds (Fund 1 deployed, Fund 2 launching) into six core sectors — Enabling Financial Services, Next-Gen Consumer Platforms, Digitizing the Enterprise, Driving Healthcare Outcomes, Rewiring Supply Chains, and Unlocking Human Potential — typically leading or co-leading Seed through Series B rounds while providing hands-on operational support to founders.

Is Altara Ventures a public or private company?

Altara Ventures is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Altara Ventures founded?

Altara Ventures was founded in 2019. It employs 11 to 50 people.

Where is Altara Ventures based?

Altara Ventures is headquartered in Singapore, Singapore, in the Asia region.

How does Altara Ventures make money?

Two revenue lines are on record. Management Fees are the primary driver. The others are carried Interest.

Who are Altara Ventures's main competitors?

Direct peers on record are Openspace Ventures, iGlobe Partners, Alpha JWC Ventures, January Capital, Wavemaker Partners, East Ventures, Golden Gate Ventures, Monk's Hill Ventures and Quest Ventures. Sequoia Capital Southeast Asia is listed as a broad incumbent.

Does Altara Ventures have an API?

No public API is recorded for Altara Ventures.

What industry is Altara Ventures in?

Altara Ventures's product category is Venture Capital. Its primary akta.pro industry code is FSANAGAF, Emerging Manager / Seeding Platforms (Multi-Manager). Its NAICS code is 52394 and its SIC code is 6282.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
Fintech News PhilippinesJIA Finance Taps Netbank for Embedded Banking in the PhilippinesNetbank expanded its partnership with JIA Finance to embed account opening within JIA's platform, streamlining settlements for JIA's invoice financing product. The move builds on a loan-channeling partnership from early 2025, and Netbank reported 88% year-on-year revenue growth and first-year profitability in FY2025.Digital News AsiaPolicyStreet tops up Series C to US$26mil with additional US$5mil from BlueOrchard as it doubles down on embedded insurance across AsiaPolicyStreet raised an additional US$5 million from BlueOrchard, bringing its Series C funding to US$26 million. The capital will support growth, technology, and embedded insurance partnerships across Asia. The company aims to serve 1.5 million gig workers and 300,000 SMEs by 2030.Tech in AsiaBlueOrchard backs Malaysia's PolicyStreet with $5mBlueOrchard invested $5 million in PolicyStreet's series C round, bringing total funding to $26 million. The investment, made through its InsuResilience strategy, supports PolicyStreet's expansion in Asia, where it serves over 10 million customers across 40+ insurance providers.Fintech News MalaysiaPolicyStreet Extends Malaysia’s Largest Insurtech Funding Round to US$26 MillionPolicyStreet's Series C funding reached US$26 million after BlueOrchard invested US$5 million, bringing the total to the company's Malaysia's largest insurtech round. The company plans to use the funds for regional expansion, technology, and embedded insurance partnerships. It aims to serve 1.5 million gig workers and 300,000 MSMEs by 2030.The PaypersNetbank closes Series B led by Altara Ventures for BaaS growth | The PaypersNetbank closed a Series B led by Altara Ventures to expand its BaaS platform in the Philippines. Existing investors participated with follow-on contributions, and proceeds will fund payment capabilities, embedded lending, and infrastructure. No financial terms were disclosed.Asia Business OutlookBuyandship Raises $12M to Scale Global Cross-Border EcommerceHong Kong-based cross-border ecommerce platform Buyandship has raised US$12 million in the first close of its Series C funding round, with participation from investors including Mitsubishi Logistics Corp. Ventures, DLK Advisory, MemeStrategy, Cool Japan Fund, and Altara Ventures. The capital will be deployed to accelerate AI automation, pursue global mergers and acquisitions, and support the company's planned entry into the US market. Founded in 2014, Buyandship currently serves approximately 3 million registered users across 12 markets and has handled over 100 million packages to date.e27Hong Kong based Buyandship secures US$16M funding led by Altara VenturesHong Kong-based cross-border e-commerce enabler Buyandship has secured an additional US$6 million in Series B funding led by Altara Ventures, bringing the total round to US$16 million. The company plans to use the capital to enhance its AI-enabled price comparison features, expand into Southeast Asian markets, and further automate operations.Letschuhai领先跨境电商平台Buyandship完成1,600万美元超额认购的B轮融资Hong Kong-based cross-border e-commerce platform Buyandship has completed a $16 million Series B funding round, which was oversubscribed with an additional $6 million raised from investors led by Altara Ventures. The company plans to use the capital to expand into more Southeast Asian markets, including Vietnam, and further develop its AI-driven shopping assistant and social commerce features. This follows an initial $10 million investment in September 2023 from Cool Japan Fund.TNGlobalAltara Ventures and Gentree Fund co-lead $3M seed round into Philippine startup KitaPhilippine agritech startup Kita has closed an oversubscribed $3 million seed round co-led by Altara Ventures and Gentree Fund. The company intends to use the capital to digitize the agricultural supply chain using big data and AI to improve pricing and income for farmers. This funding supports Kita's expansion from its B2B operations in Metro Manila, where it supplies fresh produce to major restaurant and hotel chains.IFTTTAltara Ventures leads $8m series A fundraise for SaaS firmHyperlounge, a South Korean SaaS startup specializing in data analysis for small and medium-sized enterprises, has raised $8 million in a Series A funding round led by Altara Ventures. The investment includes participation from several other firms such as Uclick and FuturePlay, supporting the company's growth in the real-time business analytics sector. This development occurs within a rapidly expanding global SaaS market projected to reach $381 billion by 2030.