Vynn Capital and OPTI Japan want to help more LPs, particularly first time ones, to get into the lucrative Southeast Asian market

Victor Chua of Vynn Capital

Kuala Lumpur-based early-stage venture capital (VC) firm Vynn Capital today announced a strategic partnership with Japanese advisory and consulting firm OPTI.

The partnership aims to bridge more Japanese investments into Southeast Asian startup ecosystem as well as foster collaboration between the two ecosystems.

In a press statement, Vynn Capital said that the partnership is the beginning of more collaboration with Japanese firms. The venture capital firm is also open for more conversations with other Japanese firms that are interested to invest in Southeast Asia.

It also confirmed that its fund has also received Japanese funding.

“This is a strategic relationship to actually help more LPs, especially first time LPs, to get access to Southeast Asia, directly and indirectly,” Vynn Capital Founding and Managing Partner Victor Chua told e27.

Also Read: Asia VC Cast with Victor Chua from Vynn Capital

The partnership was made with the background of an increasing need for early-stage funding in Southeast Asia, complemented with growing interest from Japanese corporations to extend their reach to the region.

Commenting on the partnership, OPTI Representative Director Takuma Yamazaki said that he was optimistic about more demand from the “incumbent large Japanese players” to invest in countries such as Malaysia, Indonesia and Vietnam.

Earlier this year, Vynn Capital itself has raised an investment from Malaysia Venture Capital Management Bhd (MAVCAP) into its maiden fund, along with other multiple family offices and corporations.

The VC firm focusses on investing in tech startups in the travel, property, FMCG, and female-customers-facing products and services.

Its portfolio included Travelio, Pomona, Carsome, and Dropee.

The firm also stated that it is “on track” in its fundraising process to secure more early-stage funding from Japanese investors in the “coming months.” It is also aiming for LPs beyond the Southeast Asian region.

Image Credit: Vynn Capital

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