Singapore's iGlobe Starts $100 Million Fund for Fintech, Bio

Singapore's iGlobe Starts $100 Million Fund for Fintech, Biotech

(Bloomberg) -- Singapore’s IGlobe Partners closed its latest venture-capital fund, which plans to invest $100 million in startups focusing on synthetic biology, fintech and technologies for smart cities.The firm’s fourth fund, IGlobe Platinum Fund III, will back 15 to 20 startups across the U.S., Europe and Southeast Asia to fund their growth over the next three years, according to a statement from the company on Thursday.IGlobe, with a history of more than two decades, is betting on emerging tr

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