CapitaLand sets up $100 mil venture fund to tap global tech start-ups

By Tan Chee Yuen / CapitaLand | June 16, 2016 9:00 AM SGT
CapitaLand has launched C31 Ventures, a venture fund to tap global tech startups in its effort to innovate and build real estate of the future. The launch of C31 Ventures was announced by CapitaLand president and group CEO Lim Ming Yan at the company’s “Gateway to Asia” networking event in San Francisco.
According to Lim, CapitaLand is prepared to invest up to $100 million as it seeks compelling investment opportunities beyond Singapore. The event was attended by more than 50 people, mainly from start-ups and venture capital firms located in the San Francisco Bay Area.