Silicon Valley Investor 500 Startups Doubles Southeast Asia Fund

  • Genting Said to Plan Using Fund to Invest in Tech Companies
  • Korea's GS Home Shopping also said to back 500 Startups fund
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500 Startups, a Silicon Valley venture-capital firm, doubled the size of its fund targeting Southeast Asia technology startups.

The seed stage investor is now seeking to raise $20 million, according to an e-mail.