SEED Ventures’s new fund can pay interest-free loan of up to US$38K to startups ‘within 5 days’

(L-R) SEED Ventures Director Ter Weizhi, CEO Ian Gan, and co-founder Nixon Ng Singapore-based VC fund management company SEED Ventures has announced the launch of a new sector-agnostic venture debt fund. Christened ‘Venture Debt Fund 1’ (VDF1), it plans to provide an interest-free loan of US$15,000-US$37,500 to 30 seed-stage ASEAN startups each by the end of 2021. What makes the…
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