Temasek-Backed Red Dot Close to Raising $200 Million VC Fund
- Israeli venture capital firm has raised about 95% of the fund
- Red Dot targets countries like Singapore and Vietnam
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Red Dot Capital Partners has raised about $200 million to invest in Israeli technology startups looking to expand into southeast Asia and Japan.
Temasek Holdings Pte is the fund’s largest backer, joined by investors from Japan and the U.S., Yaniv Stern, a managing partner at Red Dot, said in an interview. The Israeli venture capital firm has raised about 95% of the money and has already invested in three companies, he said.