Following the closing of a $240 Million funding round, Southeast-Asia focused G-Ventures has officially rebranded as Argor Capital to reinforce the investment firm’s independence and expanded capabilities to drive growth” for its portfolios, according to an official announcement issued on Tuesday.
Argor Capital started in 2018 with GoTo backing to invest in startups in Southeast Asia, and GoTo will remain one of the investors in Argor’s latest fund. It’s worth noting that Argor’s investment decisions will continue to be independent of GoTo and other limited partners, the firm explained.
It will certainly make it easier to hit the VC investors search engine market now that they are split into a new brand.
“While we are rebranding at a time of expansion, the word ‘Go’ embedded in our name is an important reminder for us of the strong support we have received from GoTo and our other investors since we started this journey back in 2018,” Aditya Kamath, partner of Argor Capital said in an official statement. “Despite the challenging macro environment globally, we remain excited about the potential of Southeast Asia’s technology ecosystem, which is underpinned by secular consumption and technology adoption across both consumers and businesses.”
