The new fund of Facebook co-founder Eduardo Saverin, close the first of $ 140M for the reservation in Asia

Eduardo Saverin - Yes, Eduardo Saverin of Facebook fame - already is a prominent investor in Asia, spending and his profile, significantly after the new fund that he is heading to was the first close its it is trying to increase.

B · Capital, Saverin swapped life in the United States for Singapore for more than five years, and Rajiganguri, was founded by especially prominent investors who worked with Saverin in his previous Velos fund. The new fund, according to the US filings Wall Street Journal quoted, was terminated in the first of $ 143.6 million. Meaning that there is a one time $ $ 250 million likely to close the weak - of TechCrunch in the letter, a friend of the "B · Capital obtained by Saverin and Ganguly is," the first of the nearby, the target to nearly 60% of the money it to wrote that looking at the funds pull a fully stocked.

In the letter, Saverin and Ganguly is, to be able to come from where the innovation is, we discussed the spirit of their investment. They there is to discover innovative company, it has said that focused on providing them with the resources and network to develop.

In a blog post on top of LinkedIn, B · Capital of the founder is, furthermore, believe that they can add significant value in these areas that are underserved or not the important part of the ecosystem are missing because with that, the focus is to explain that it is in India and Southeast Asia, echoes those feelings.

It funds availability, stage, talent, whether educational institutions or has been completed, ", the presence of such a blank in the ecosystem, for investors, it becomes the equally challenging. We are the fill the gap, 2 billion people they wrote, so please refer to the opportunity to make a positive impact in the "community, we are in the long term very excited, it is bullish. (the entire post, emerging it is worth reading in order to understand the potential of the market.)

In particular, they argued, already a challenge to make the growth period Series B and funding the game from the stage of series C of the start-up, wrote a small number of investors check, but it is possible to provide the kind of support you need all There are more tests to expand the business.

B Capital is able to deploy the capital in the developing markets, it is, after hiring a national Gyabinteo of Singapore from Comcast Ventures to lead the San Francisco office, shows the presence in Silicon Valley . The main headquarters of the fund is in Singapore, it has invested already recently $ 300,000 US dollars a closed logistics company ninja Van, and digital health start Evidation health.