TinkBig to launch $30m fund by year-end, 10pc for IoT Smart Homes firms
Unfazed by a cautious mood among investors in the region, Malaysian venture capital firm TinkBig Venture is scouting for investments for a $30 million fund that it may launch towards the end of this year – a vehicle that will allocate at least 10 per cent for IoT Smart Homes focused companies in 2017. “We will be targeting regional investment around Asia highly focused on marketing right and royalty deal structuring. We are currently looking into Taiwan and Shenzhen IoT players to bring these products to Southeast Asia market,” serial entrepreneur and TinkBig’s founding partner Andrew Tan told DEALSTREETASIA last week.
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