Origgin Capital, a venture capital company based in Singapore and part of Origgin Ventures, has started its second fund. It’s called Origgin Capital Fund 2 and aims to raise S$30 million (about $23.33 million).
Origgin Capital said in a statement on Wednesday that building on the success of its inaugural fund, Fund 2 will focus on co-creating and scaling high-potential spin-offs from leading universities and research institutes across Asia.
The fund plans to help up to 50 promising new startups in areas like advanced engineering, medical technology (MedTech), sustainability, agriculture and food (agri-food), and information and communication technologies (ICT).
It will use Origgin’s strong connections in Singapore, Thailand, Malaysia, Japan, and China to help these startups grow across borders. The goal is to create successful businesses that solve important global problems.
“Fund 2 represents our continued commitment to bridge the gap between the lab and industry — ensuring promising research becomes industry-ready and delivers global impact,
“Our partnership with Jinan Xianxin (Singapore) and TusStar gives our startups a unique advantage — access to China’s market, talent, capital, and a proven innovation ecosystem with a strong track record of scaling companies to success,” said Clarence Tan, Founder and Managing Partner of Origgin Capital.
Origgin Ventures is a deep tech company that helps turn new research and inventions into successful businesses. It does this through its Venture Co-Creation model, which brings together advanced technology, a team of business experts, corporate partners, and early market access. This approach helps bridge the gap between research and real-world business, making it more likely for deep tech ideas to succeed.
To improve access to the market, Origgin has partnered with Jinan Xianxin (Singapore) and Tsinghua Technology Ventures, the investment arm of TusStar.
TusStar runs more than 150 startup hubs across China and has helped over 10,000 companies, with 41 of them becoming publicly listed.
This partnership gives Origgin Capital’s startups a direct entry into China’s large market. They can take advantage of Jinan’s strong industrial base, a full supply chain, and TusStar’s wide innovation network to grow faster, find customers, and adapt to the local market.
Read more- QpiAI raises $32 million in Series A round from Avataar Ventures
