GENESIS Alternative Ventures has raised US$125 million in a final close for its second venture-debt fund focused on South-east Asia. The majority of investors are returning investors from the venture lender’s first fund, including Sassoon Investment Corporation, Korea Development Bank, Silverhorn and Japan’s Aozora Bank and Mizuho Leasing. New investors in the second fund include Mizuho Bank and US-based investing platform OurCrowd.

For full Business Times article (10 September 2024)

Genesis Alternative Ventures, a private lender to ventures and growth-stage companies, closed its second debt fund at the lower end of its target as global investors remain cautious about Southeast Asia’s startup industry. The Singapore-based firm raised $125 million for the fund to finance young companies across Southeast Asia, securing new investors including Japan’s Mizuho Bank and Israel’s OurCrowd Ltd.

For full Bloomberg article (10 September 2024)

Singapore-based Genesis Alternative Ventures has raised $125 million in its latest fundraising round, attracting investments from global investors including Japan’s Mizuho Bank. The second Southeast Asia-focused venture debt fund has already deployed more than $20 million in loans to a handful of startups across the region, including in Singapore, Indonesia, Malaysia and the Philippines, according to Genesis co-founder and managing partner Jeremy Loh.

For full Market Watch article (10 September 2024)

Genesis Alternative Ventures, a private lender to ventures and growth-stage companies, closed its second debt fund at the lower end of its target as global investors remain cautious about South-east Asia’s start-up industry. The Singapore-based firm raised US$125 million (S$163 million) for the fund to finance young companies across South-east Asia, securing new investors including Japan’s Mizuho Bank and Israel’s OurCrowd. The fund had sought US$120 million to US$180 million, and took more than two years to reach the close.

For full Technode Global article (10 September 2024)

Genesis Alternative Ventures has raised US$125 million in the final close for its second venture-debt fund focused on Southeast Asia. The majority of investors are returning backers from the venture lender’s first fund. They include Sassoon Investment Corporation, Korea Development Bank, Silverhorn, Aozora Bank, and Mizuho Leasing. Japanese banking firm Mizuho Bank and US-based investing platform OurCrowd jump in as new investors.

For full TechInAsia article (30 Aug 2022)

Genesis Alternative Ventures raises $163m for SEA venture debt fund It has already deployed US$20m venture loans to start-ups across the region. Genesis Alternative Ventures raised a total of $163m (US$125m) for its second Southeast Asia-focused venture debt fund. According to Genesis, the fund saw 80% of its investors from the first round joining again, including Aozora Bank, Korea Development Bank, Mizuho Leasing, Sassoon Investment Corporation, and Silverhorn.

For full Singapore Business Review article (13 September 2024)

新加坡风险投资机构Genesis Alternative Ventures在最新一轮集资活动中，筹得1亿2500万美元（约1亿6328万新元）。Genesis Alternative Ventures（简称GAV）在星期二（9月10日）发表文告说，这轮集资活动是为第二个聚焦东南亚的创投债务基金（venture debt fund）筹资。其中80%的投资者也曾投资于第一个类似的基金。

For full Lianhe Zaobao article (10 September 2024)

Genesis Alternative Ventures, the Southeast Asian firm headquartered in Singapore, announced yesterday that it has raised total commitments of $125 million for its second Southeast Asia-focused venture debt fund. The firm’s Fund II entity saw the return of more than 80 per cent of investors from Fund I, including Aozora Bank, Korea Development Bank, Mizuho Leasing, and Sassoon Investment Corporation and Silverhorn. New and notable investors in Fund II include Japanese mega bank, Mizuho Bank, and OurCrowd, the online global investing platform.

For full Wealth Briefing Asia article (12 September 2024)

Genesis Alternative Ventures has raised US$125 million for its second venture debt fund, aimed at supporting Southeast Asian startups. The fund attracted strong interest from existing and new investors, including Japan’s Mizuho Bank and global investment platform OurCrowd. Returning investors from the first fund include Aozora Bank, Korea Development Bank, Mizuho Leasing, Sassoon Investment Corporation, and Silverhorn. Genesis’ collaboration with Indonesia’s Superbank, announced in August 2023, will provide up to US$40 million in venture debt to tech startups in Indonesia.

For full Fintech News SG article (11 September 2024)

Genesis Alternative Ventures, a Singapore-based private lender to venture, and growth stage companies funded by tier-one VCs, raised US$125m for its second Southeast Asia-focused venture debt fund. Fund II received commitments from over 80% of investors from Fund I, including Aozora Bank, Korea Development Bank, Mizuho Leasing, Sassoon Investment Corporation and Silverhorn. New investors in Fund II included Mizuho Bank, and OurCrowd, the online global investing platform.

For full VC Wire article (10 September 2024)

Genesis Alternative Ventures, an investment firm for startups in Southeast Asia, has successfully raised a commitment of $125 million or equivalent to Rp1,9 trillion for venture debt fund (venture debt fund) both of them. This fund will focus on investing in technology startups in the Southeast Asia region.About 80% of investors from the first fund returned to participate in the new fund, including Aozora Bank, Korea Development Bank, Mizuho Leasing, Sassoon Investment Corporation, and Silverhorn. New investors joining this time include Mizuho Bank, a major Japanese bank, and OurCrowd, another global investment platform.

For full Daily Social article (10 September 2024)

Genesis Alternative Ventures, Singapore’s private venture debt firm, has secured USD 125 million in commitments for its second fund, tapping into a mix of loyal backers and fresh faces. Over 80% of investors from the firm’s first fund—including Aozora Bank, Korea Development Bank, Mizuho Leasing, and Silverhorn—renewed their support, while notable newcomers like Mizuho Bank and global platform OurCrowd joined the fold.

For full KR Asia article (10 September 2024)

Singapore-based Genesis Alternative Ventures has raised $125 million in its latest fundraising round, attracting investments from global investors including Japan’s Mizuho Bank. The second Southeast Asia-focused venture debt fund has already deployed more than $20 million in loans to a handful of startups across the region, including in Singapore, Indonesia, Malaysia and the Philippines, according to Genesis co-founder and managing partner Jeremy Loh.

For full Barrons article (10 September 2024)

Singapore-based venture capital firm Genesis Alternative Ventures has raised total commitments of $125 million for its second Southeast Asia-focused venture debt fund. Fund II welcomes back over 80 percent of investors from Fund I, including Aozora Bank, Korea Development Bank, Mizuho Leasing, Sassoon Investment Corporation and Silverhorn, Genesis said in a statement on Tuesday. According to the statement, new and notable investors in Fund II include Japanese mega bank, Mizuho Bank, and OurCrowd, the online global investing platform.

For full Tech Node Global article (10 September 2024)

Genesis Alternative Ventures, a private lender to ventures and growth-stage companies, closed its second debt fund at the lower end of its target, as global investors remain cautious about Southeast Asia’s start-up industry. The Singapore-based firm raised US$125 million (RM544.69 million) for the fund to finance young companies across Southeast Asia, securing new investors, including Japan’s Mizuho Bank and Israel’s OurCrowd Ltd. The fund had sought US$120 million to US$180 million, and took more than two years to reach the close.

For full The Edge Malaysia article (10 September 2024)

Genesis Alternative Ventures, a private lender to ventures and growth-stage companies, closed its second debt fund at the lower end of its target as global investors remain cautious about Southeast Asia’s start-up industry. The Singapore-based firm raised US$125 million ($163.14 million) for the fund to finance young companies across Southeast Asia, securing new investors including Japan’s Mizuho Bank and Israel’s OurCrowd. The fund had sought US$120 million to US$180 million, and took more than two years to reach the close.

For full The Edge Singapore article (10 September 2024)

Singapore-based Genesis Alternative Ventures has raised US$125 million for its second Southeast Asia-focused venture debt fund, known as Fund II. This new fund is aimed at supporting start-ups across the region, particularly in sectors poised for growth. Over 80% of the investors from the company’s first fund have returned for Fund II, including prominent institutions Aozora Bank, Korea Development Bank, and Sassoon Investment Corporation. New investors include major Japanese financial institution Mizuho Bank and OurCrowd, an online global investing platform.

For full The Asset article (10 September 2024)

Genesis Alternative Ventures, a private lender to ventures and growth-stage companies, closed its second debt fund at the lower end of its target as global investors remain cautious about Southeast Asia’s startup industry. The Singapore-based firm raised $125 million for the fund to finance young companies across Southeast Asia, securing new investors including Japan’s Mizuho Bank and Israel’s OurCrowd Ltd. The fund had sought $120 million to $180 million, and took more than two years to reach the close.

For full Yahoo article (10 September 2024)

Genesis Alternative Ventures, a Singapore-based private venture debt firm, has secured $125 million in commitments for its second fund, drawing on a mix of loyal backers and new faces. More than 80% of the firm’s first fund investors—including Aozora Bank, Korea Development Bank, Mizuho Leasing, and Silverhorn—renewed their support, while notable newcomers like Mizuho Bank and global platform OurCrowd joined the ranks.

For full Solondais article (10 September 2024)

[마미뉴스] 이서영 기자=Genesis Alternative Ventures가 최근 수십억 원 규모의 두 번째 채무 펀드를 조성했다. 이는 동남아시아 스타트업 업계에 대한 글로벌 투자자들의 신중한 태도가 계속되는 가운데 이루어진 성과다. 해당 펀드는 1억 2천 5백만 달러를 모금하면서 마무리됐다. 이는 계획했던 1억 2천만 달러에서 1억 8천만 달러 사이의 목표 금액 범위의 하한선에 해당한다. 싱가포르에 본사를 둔 이 펀드는 일본의 미즈호 은행과 이스라엘의 아워크라우드 등을 새 투자자로 확보했다. 펀드 모집은 2년 이상의 시간을 요구했다.

For full Solondais article (10 September 2024)

Singapore-based Genesis Alternative Ventures announced on Tuesday that it has closed its second Southeast Asia-focused venture debt fund securing commitments of $125 million. Dr Jeremy Loh, Genesis’ co-founder and managing partner, said they have already started deploying venture loans worth over $20 million from Fund II to startups across Singapore, Indonesia, Malaysia, and the Philippines.

For full DealStreet Asia article (10 September 2024)

PT Super Bank Indonesia (Superbank) and Genesis Alternative Ventures (Genesis), Singapore-based venture lender, have launched a financing solution, with both entities committing up to IDR 600 billion ($39.38 million) to back innovative Indonesian startups. The financing solution combines the principles of conventional bank credit and venture capital investing to target Indonesian technology startups while extending working capital to technology startups with minimum dilution of shareholder equity, the duo said in a statement on Thursday.

For full TechNode Global article (31 August 2023)

Superbank, the Indonesia-based digital bank backed by Grab, Singtel, and Emtek Group, is partnering with Singapore-based Genesis Alternative Ventures to provide US$40 million worth of financing for Indonesian startups. In a joint statement, the companies said that the financing will combine conventional bank credit and venture capital investment, while minimizing equity dilution for shareholders. They will also primarily target firms at the series B and series C stages.

For full TechInAsia article (31 August 2023)

Indonesian digital lender Superbank has partnered with venture lender Genesis Alternative Ventures (Genesis) to launch a 600-billion-rupiah ($40 million) financing facility to support innovative local startups. The financing solution combines the principles of conventional bank credit and venture capital investing to target Indonesian technology startups, according to the announcement. The platform also seeks to extend working capital to tech startups with minimum shareholder equity dilution, focusing on venture-backed high-growth startups in the archipelago, particularly those at the Series B or C stages.

For full DealStreetAsia article (31 August 2023)

Berita startup hari ini mengenai PT Super Bank Indonesia (Superbank) telah menjalin kemitraan dengan Genesis Alternative Ventures (Genesis) untuk meluncurkan fasilitas pembiayaan senilai Rp 600 miliar bagi perusahaan rintisan atau startup di Indonesia. Pembiayaan ini merupakan gabungan antara kredit bank konvensional dan investasi modal ventura. Dengan fokus pada startup teknologi, pembiayaan ini juga menyediakan modal kerja dengan pengurangan minimal terhadap ekuitas pemegang saham. Pembiayaan ini akan ditargetkan untuk startup pada tahap pendanaan Seri B dan Seri C.

For full Dunia Fintech article (1 September 2023)

Superbank, the Indonesia-based digital bank backed by Grab, Singtel, and Emtek Group, joined hands with alternative lender Genesis Alternative Ventures to launch an IDR 600 billion (US$40 million) financing solution to back innovative local startups.

The solution combines the principles of conventional bank credit and VC investing in targeting technology startups while extending working capital to them with a minimum dilution of shareholder equity.

The focus will be Series B or C-stage companies.

For full E27 article (2 September 2023)

PT Super Bank Indonesia dan Genesis Alternative Ventures menjalin kerja sama pembiayaan senilai Rp 600 miliar kepada startup Indonesia yang melakukan inovasi. Direktur Utama Superbank Tigor M Siahaan mengungkapkan, Indonesia merupakan negara dengan ekonomi digital terbesar di Asia Tenggara. Pertumbuhan ekonomi digital diproyeksi hingga delapan kali lipat dari Rp 632 triliun pada 2020 menjadi Rp 4.531 triliun pada 2030. “Indonesia memiliki potensi dan peluang untuk semakin mengembangkan startup lokal dan ekosistemnya. Kami bekerja sama dengan Genesis menghadirkan sumber pembiayaan bagi startup Indonesia yang inovatif,” ungkap Tigor dikutip Investor Dialy, Jumat (1/9/2023).

For full Berita Satu article (2 September 2023)

PT Super Bank Indonesia (Superbank) dan Genesis Alternative Ventures (Genesis) berkolaborasi memberikan dukungan perusahaan rintisan (startup) di Tanah Air. Kedua entitas ini sepakat memberikan dukungan pembiayaan hingga Rp600 miliar. Solusi pembiayaan ini mengkombinasikan prinsip kredit bank konvensional dan investasi modal ventura untuk menarget startup teknologi Indonesia. Termasuk untuk menyediakan modal kerja bagi startup teknologi dengan dilusi minimal terhadap ekuitas pemegang saham.

For full Kabar Business Article (2 September 2023)

PT Super Bank Indonesia (Superbank) and Genesis Alternative Ventures (Genesis) have launched a financing solution worth US$39.3 million, or equal to Rp600 billion, to back the startup industry in Indonesia. The financing solution combines the principle of conventional bank credit and venture capital investing, targeted at Indonesia’s technology-based startups, while extending working capital to technology startups with a minimum dilution of shareholder equity. The collaboration between these entities emphasizes their strategic plans to empower Indonesia’s startups, specifically those at the Series B and C funding stage, to realize their further enhancement.

For full Heaptalk article (3 September 2023)

PT Super Bank Indonesia (Superbank) collaborated with Singapore-based venture capital Genesis Alternative Ventures (Genesis) to provide US$39,38 million in startup funding. Superbank President Director Tigor Siahaan said the funding would target startups with a minimum dilution of stakeholders’ equity. “Funding access plays important roles in developing innovative businesses,” Tigor said on Sept 1, 2023. The Superbank-Genesis funding has been targeting startups that are currently on the B or C Series of funding. Genesis Co-Founder and Managing Partner Jeremy Loh said Indonesia possessed great potential for technology-based businesses, thanks to a huge number of digital talents. “Genesis and Superbank have committed to support more Indonesian startups, in the middle of venture capital funding decreasing trend up to 60 percent from year to year,” said Loh.

For full Kata Data article (4 September 2023)

Venture debt provider, Genesis Alternative Ventures, has launched its second venture debt fund, with a target of US$150 million. About half of fund II’s target has been raised at the first close earlier in August. The first close had 80 per cent of fund commitments come from existing limited partners, Sassoon Investment, Aozora Bank, Korea Development Bank, Mizuho Leasing and Silverhorn among others. New investors also include OurCrowd, an Israel-based global venture investing platform.

For full Business Times article (25 Aug 2022))

Genesis Alternative Ventures, a private lender to ventures and growth-stage companies, is looking to raise $150 million for a second fund to finance startups across Southeast Asia. The Singapore-based firm has raised almost half of the fund at first close this month, with commitments from existing investors including Sassoon Investment Corp., Aozora Bank, Korea Development Bank, Mizuho Leasing and Silverhorn, Genesis said in a statement Thursday. Israeli investment firm OurCrowd Ltd. has joined as a new backer.

For full Bloomberg article (25 Aug 2022)

Genesis Alternative Ventures, a private lender to ventures and growth-stage companies, is looking to raise US$150 million ($209.1 million) for a second fund to finance startups across Southeast Asia.

For full The Edge Singapore article (25 Aug 2022)

Following the success of its debut $90million fund in 2019, Singapore-based venture capital firm Genesis Alternative Ventures has launched its second venture debt fund to raise $150m million to finance start-ups across Southeast Asia.

For full Technode Global article (25 Aug 2022)

Genesis Alternative Ventures第二次推出创投债务基金，筹集1亿5000万美元（2亿零870万新元）来资助东南亚起步公司。上一轮是在2019年，基金总额为9000万美元，已投资25家起步公司，其中两家是独角兽公司，即数据平台Matterport和金融服务平台Akulaku。

For full Lianhe Zaobao article (30 Aug 2022)