22 Oct '12, 3am

AsiaBrandTech is investing $250 million to help #US and #Asia #startups reach out to each other's markets.

AsiaBrandTech is investing $250 million to help #US and #Asia #startups reach out to each other's markets.

AsiaBrandTech has allocated US$ 250 million to provide seed funding to U.S. and Asian companies that seek to bridge the divide between these regions. At the San Francisco Bay Area, e27 had an opportunity to meet with GPE Holding CEO Michael Gale and Henry Wong, who recently joined AsiaBrandTech (ABT) as managing director. The casual dinner meeting focused on the US$ 250 million venture fund that provides cross-border opportunities into and out of Asia. Primarily operating from Singapore, the venture is headquartered on Market Street at the SF Bay Area. GPE Holdings Inc. run the Gramercy Group, which holds a portfolio of technology assets and operates funds management, investment banking and advisory businesses. As a point of specialization, they focus on cross-border opportunities across range of tech industries in digital and social media, Software-as-a-Service (SaaS), e-...

Full article: http://e27.sg/2012/10/22/asiabrandtech-allocates-250m-to-...

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