What openspace ventures pte. ltd does

Openspace Capital Pte. Ltd. (operating as Openspace Ventures, OSV) is a Singapore-domiciled, multi-strategy asset manager with US$800M in committed capital across six funds, dedicated to Southeast Asia. It invests in tech-native and tech-enabled companies at early and growth stages across markets including Singapore, Indonesia, Thailand, the Philippines, Vietnam, and Malaysia, with sector reach spanning fintech, healthtech, insurtech, e-grocery, climate tech, proptech, automotive, agriculture, F&B, and AI/language technology. The firm's stated 'Active Intelligence' approach pairs capital with an in-house operational team — including a Director of Tech & Engineering, Director of Product, data scientists, recruiter, and country heads — that provides hands-on support (CTO advisory, hiring, performance tuning) to portfolio companies.

The firm runs an internal proprietary platform called Alchemy for deal tracking and IR data management, maintained by a data science team that builds ML models to assist Investment Managers and works with portfolio companies on data projects. Sub-brands include Ocular (a dedicated web3/crypto fund), OpenHours (a mentorship program launched in 2021 to expand female participation in VC), and the Coalesce Index (a research publication measuring SEA interconnectedness). The go-to-market is direct LP fundraising through an in-house Investor Relations function targeting SWFs, pensions, endowments, corporates, and family offices; pricing and fund terms are not publicly disclosed. The 37-person team spans 11 nationalities, is 55% female, and operates from six country offices, with a Managing Partner (Shane Chesson) elected Vice-Chairman of the Singapore Venture & Private Capital Association.

Name

openspace ventures pte. ltd

Legal name

Openspace Capital Pte. Ltd.

Website

https://openspace.vc

Company type

Private

Operating status

Operating

Short description

Openspace Capital is a Singapore-based multi-strategy asset manager with US$800M across six funds, investing in tech-native and tech-enabled companies at early and growth stages across Southeast Asia, with sub-funds for web3 and active operational support to founders.

Ownership category

akta.pro rank

Product category

Venture Capital and Growth Equity Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Emerging Manager / Seeding Platforms (Multi-Manager) (FSANAGAF)

akta.pro secondary industry

Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE)

Keywords

• Venture capital
• Growth equity
• Asset management
• Tech investments
• Southeast Asia

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Fund Management: Multi-strategy asset manager generating returns through venture capital and growth equity investments in Southeast Asian tech companies across 6 funds with US$800M committed capital.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Openspace Capital is a multi-strategy asset manager that invests in tech-native and tech-enabled businesses across Southeast Asia at early and growth stages through 6 dedicated funds totalling US$800M in committed capital. The firm deploys an 'Active Intelligence' approach, providing hands-on portfolio support across technology, product, people, recruiting, and data science functions to accelerate portfolio company progress. Investment vehicles include OSV IV, OSV+ II growth equity, and the Ocular web3/crypto fund, with capital sourced from institutional Limited Partners.

Product overview

Openspace Capital is a multi-strategy asset manager and venture capital firm focused on Southeast Asia with US$800M in committed capital across 6 funds. The firm invests in tech-native and tech-enabled businesses at early and growth stages through multiple investment strategies including OSV IV, OSV+ II, and Ocular (web3/crypto fund). The firm's investment approach is termed 'Active Intelligence' which involves hands-on support for portfolio companies.

Differentiator

Problem solved

Functional benefit

Brands

• OpenHours: A 4-month mentorship program for female professionals in venture capital, launched in 2021
• Ocular
• Coalesce Index
• The Craft

Products and services

• OSV IV (Openspace Ventures Fund IV) Venture capital fund targeting early-stage tech-native and tech-enabled companies across Southeast Asia; institutional Limited Partners commit capital to this fund vehicle.
• OSV+ II (Openspace Growth Equity Fund II)

Named customers19 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Singapore Venture & Private Capital Association (SVCA)coreStrategic or Co-development Partner · 1 May 2023Openspace actively participates in SVCA with Founding Partner Shane Chesson elected as Vice-Chairman. The firm is involved in multiple SVCA sub-committees including Technology Adoption, ESG, Advocacy, and Branding. SVCA has over 200 members and tripling revenues under recent leadership.
• Super8minorStrategic or Co-development PartnerPortfolio company SariSuki partnered with Super8 to offer farm produce at cheaper prices.
• OPPO and realmeminorChannel Partner/ Reseller/ DistributorPortfolio company Igloo partnered with OPPO and realme for affordable smartphone protection plans.
• GE HealthCareminorStrategic or Co-development PartnerPortfolio company Biofourmis forged strategic partnership with GE HealthCare to elevate patient care.
• Next Chapter RaiseminorStrategic or Co-development PartnerConducted 2022 workshop on unconscious bias in investment evaluations for Openspace team.
• INSEADminorStrategic or Co-development PartnerOpenspace collaborates with INSEAD faculty including Shane Chesson and Jaclyn Seow on climate tech investment insights.
• PETRONAS FutureTechminorStrategic or Co-development PartnerOpenspace team member Pareen participated in PETRONAS FutureTech 3.0 program.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Wavemaker Partners: SEA and US-SEA cross-border VC with offices in Singapore, LA, and Bangkok; comparable early-stage focus and regional founder network.
• Monk's Hill Ventures: Singapore-headquartered early-to-growth VC backing tech companies across SEA; close substitute on ticket size, stage, and sector coverage.
• East Ventures: Indonesia and SEA-focused early-stage VC; directly competes with Openspace for seed and Series A deals across the same six SEA geographies.
• Jungle Ventures: Singapore-based early-to-growth VC focused on SEA; comparable fund size, multi-stage mandate, and regional coverage of the same markets as Openspace.
• Golden Gate Ventures: Singapore-based seed and Series A investor focused on SEA; competes for the same founder pool and Series A rounds as Openspace.
• AC Ventures: Indonesia-focused early-stage VC; comparable portfolio construction and local presence in Openspace's largest SEA market.
• Alpha JWC Ventures: Indonesia-focused early-stage VC; competes with Openspace for Indonesian tech founders and Series A capital.
• Insignia Ventures Partners: Early-to-growth VC focused on SEA, particularly Indonesia and Vietnam; comparable stage mix and regional operating presence.

Broad incumbents

• Vertex Ventures: Global VC network with a dedicated SEA fund (Vertex Ventures SEA); overlaps with Openspace on stage and sector but operates as part of a broader multi-region platform.
• 500 Global (500 Startups): Global VC and accelerator platform with meaningful SEA exposure; competes for early-stage SEA deals but operates as a much broader, multi-region manager.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/openspacevc
• Facebookfacebook.com/openspacevc
• LinkedInlinkedin.com/company/openspacevc/?originalSubdomain=sg

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about openspace ventures pte. ltd