Trending...
- VIP Vacations Recognized as a 2024 Top Selling Travel Agency by the Jamaica Tourism Board
- Finding the Best AC Repair Service in Philadelphia
- Pyro Marketing Opens New Digital Marketing Company to Power Growth for Fitness and Ecommerce Brands
• K2 Global successful investments include 18 IPOs and more than 50 portfolio companies such as Uber, Spotify, Airbnb, Coinbase, Warby Parker, Impossible Foods, Oatly, Allbirds, Palantir, Scopely, and Paytm.
• Backed by billionaires and led by Ozi Amanat, an international investor and venture capitalist, the company is expanding in Singapore and Miami to invest in fintech, foodtech, consumer tech, deep tech, machine learning and artificial intelligence.
• Backed by billionaires and led by Ozi Amanat, an international investor and venture capitalist, the company is expanding in Singapore and Miami to invest in fintech, foodtech, consumer tech, deep tech, machine learning and artificial intelligence.
SINGAPORE - PennZone -- K2 Global (www.k2global.co), a venture capital firm focused on early-stage companies, today announced the expansion of its business, and $300 million of committed capital to invest in promising technology start-ups globally. An early investor in Singapore's tech ecosystem, K2 made its first investment in a Miami based start-up, MoonPay - a global payment solution provider for cryptocurrency. K2 Global's long track record of successful investments include 18 IPOs and more than 50 portfolio companies such as Uber, Spotify, Airbnb, Coinbase, Warby Parker, Impossible Foods, Oatly, Allbirds, Palantir, Scopely, and Paytm.
More on The PennZone
Founded in Singapore and Silicon Valley in 2015, K2 Global is one of the earliest venture firms focusing on investing in U.S. and Asia based start-ups that aim to tap the global market at an early stage and one of the largest solo venture capitalists. Led by Ozi Amanat, an international investor and venture capitalist, the company is expanding in Singapore and Miami. K2 Global will continue to invest in fintech, foodtech, consumer tech, deep tech, machine learning and artificial intelligence. Along with providing capital, the firm will support start-ups to expand globally by helping them navigate foreign markets utilizing K2's established network of industry leaders, strategic partners, and limited partners.
The global venture capital investment market has reached a value of $211.3 billion in 2021 and the market is expected to reach $584.4 billion by 2027, exhibiting a CAGR (Compound Annual Growth Rate) of 20.1% during 2022-2027. The market is experiencing growth from an increasing number of start-ups, along with expanding investments from family offices, mutual funds, endowments, and institutions specially from North America and Asia-Pacific.*
"We are excited to play a substantial role in scaling up the economic growth in our focused regions with our global connections actively supporting the venture capital ecosystem," said Ozi Amanat general partner of K2 Global. "Our goal is to offer promising start-ups an opportunity to expand their horizons from their local regions like U.S., Singapore, and India and help them with global market access. While mega venture funds have raised and deployed capital at increasing higher levels of velocity K2's relatively smaller scale and personal relationships allows us flexibility and patience to invest in select special opportunities. We think that smaller, emerging managers have a good chance of achieving outsized returns because we are outsiders and often so are many startup founders. We believe the current markets reset is perhaps one of the best generational opportunities to invest in private technology companies. We are grateful to our limited partners that have backed us and grown with us and welcome our new investors that joined the journey."
More on The PennZone
The expansion is supported by K2 Global's first Miami based investment in the fintech company MoonPay, a global payment solution provider for cryptocurrency. MoonPay allows its customers to exchange currencies and fiat using major payment methods, including Apple Pay and Google Pay, along with debit and credit cards. The start-up raised capital from Tiger Global, Coatue, Thrive Capital, K2 Global, New Enterprise Associates, Paradigm, and strategic investors Justin Bieber, Gwyneth Paltrow, Snoop Dogg, Ashton Kutcher, and other celebrities.
About K2 Global
K2 Global is a venture capital firm founded in Singapore and Silicon Valley in 2015. The firm combines decades of varied experience with a global perspective. The founders are investors in Palantir, Spotify, Coinbase, Airbnb, Allbirds, Paytm, Pinterest, Warby Parker, Scopely, Oatly and Impossible Foods. K2's expertise and global connections offer a distinct value that supports start-ups to access emerging growth markets, a network of industry leaders and established strategic partners. K2's limited partners are prominent leaders in industry in Singapore, the United States, India, Indonesia, Japan, Hong Kong, Thailand, Malaysia, and Australia. K2's investors have strategic holdings in real estate, manufacturing, healthcare, media, technology, textiles, plastics, food, beverage, distribution, telecom, and hospitality. K2's limited partners include family offices, institutions, sovereign wealth funds, venture capital firms, and strategic investors across three continents.
* https://www.imarcgroup.com/venture-capital-investment-market
More on The PennZone
- First Generation and TechniCom Leadership Appointments Usher in a Bright Future
- Psychedelics for Vets? CCHR Cites History of Exploitation and Failed Science
- GreenPal Empowers Lawn Care Pros Leveraging AI, Surpasses 5 Million Transactions
- Santa Monica Businesses Push Back on Bus Stop Relocation That Threatens Access and Safety
- What are the signs of an AC refrigerant leak?
Founded in Singapore and Silicon Valley in 2015, K2 Global is one of the earliest venture firms focusing on investing in U.S. and Asia based start-ups that aim to tap the global market at an early stage and one of the largest solo venture capitalists. Led by Ozi Amanat, an international investor and venture capitalist, the company is expanding in Singapore and Miami. K2 Global will continue to invest in fintech, foodtech, consumer tech, deep tech, machine learning and artificial intelligence. Along with providing capital, the firm will support start-ups to expand globally by helping them navigate foreign markets utilizing K2's established network of industry leaders, strategic partners, and limited partners.
The global venture capital investment market has reached a value of $211.3 billion in 2021 and the market is expected to reach $584.4 billion by 2027, exhibiting a CAGR (Compound Annual Growth Rate) of 20.1% during 2022-2027. The market is experiencing growth from an increasing number of start-ups, along with expanding investments from family offices, mutual funds, endowments, and institutions specially from North America and Asia-Pacific.*
"We are excited to play a substantial role in scaling up the economic growth in our focused regions with our global connections actively supporting the venture capital ecosystem," said Ozi Amanat general partner of K2 Global. "Our goal is to offer promising start-ups an opportunity to expand their horizons from their local regions like U.S., Singapore, and India and help them with global market access. While mega venture funds have raised and deployed capital at increasing higher levels of velocity K2's relatively smaller scale and personal relationships allows us flexibility and patience to invest in select special opportunities. We think that smaller, emerging managers have a good chance of achieving outsized returns because we are outsiders and often so are many startup founders. We believe the current markets reset is perhaps one of the best generational opportunities to invest in private technology companies. We are grateful to our limited partners that have backed us and grown with us and welcome our new investors that joined the journey."
More on The PennZone
- The Blue Luna Encourages Local Schools to Take Steps to Enhance Safety for Students and Staff
- Philadelphia Homeowners Now Have a Faster Way to Sell Their House Without Agents or Repairs
- The Sessions Studios Secures $300 Million Commitment to Launch World-Class Studio and 15-Film Global Slate
- Smart Resnse Unveils Smart Resnse(SRMS) Token-Powered AI Orchestration Platform to Revolutionize Multi-Billion Dollar Market
- Josh and Heidi Follow Up the Much Anticipated and Successful Launch of the "Spreading the Good BUZZ" Podcast with a Personal Request
The expansion is supported by K2 Global's first Miami based investment in the fintech company MoonPay, a global payment solution provider for cryptocurrency. MoonPay allows its customers to exchange currencies and fiat using major payment methods, including Apple Pay and Google Pay, along with debit and credit cards. The start-up raised capital from Tiger Global, Coatue, Thrive Capital, K2 Global, New Enterprise Associates, Paradigm, and strategic investors Justin Bieber, Gwyneth Paltrow, Snoop Dogg, Ashton Kutcher, and other celebrities.
About K2 Global
K2 Global is a venture capital firm founded in Singapore and Silicon Valley in 2015. The firm combines decades of varied experience with a global perspective. The founders are investors in Palantir, Spotify, Coinbase, Airbnb, Allbirds, Paytm, Pinterest, Warby Parker, Scopely, Oatly and Impossible Foods. K2's expertise and global connections offer a distinct value that supports start-ups to access emerging growth markets, a network of industry leaders and established strategic partners. K2's limited partners are prominent leaders in industry in Singapore, the United States, India, Indonesia, Japan, Hong Kong, Thailand, Malaysia, and Australia. K2's investors have strategic holdings in real estate, manufacturing, healthcare, media, technology, textiles, plastics, food, beverage, distribution, telecom, and hospitality. K2's limited partners include family offices, institutions, sovereign wealth funds, venture capital firms, and strategic investors across three continents.
* https://www.imarcgroup.com/venture-capital-investment-market
Contact
Tom Geiser
***@thegutenberg.com (/email-contact.htm#12934405)
Tom Geiser
***@thegutenberg.com (/email-contact.htm#12934405)
Source: K2 Global
Filed Under: Business
0 Comments
Latest on The PennZone
- Centennial Flyers to Become Colorado's First Launch Customer for All-Electric B23 Energic Aircraft
- Pyro Marketing Opens New Digital Marketing Company to Power Growth for Fitness and Ecommerce Brands
- Dr. John Salerno of Salerno Wellness Introduces Their New Full Body Capsule for Advanced LED Light Therapy Patient Treatments
- LDR Partners LP Announces Acquisition of Active Radiator, and Combination with Cincinnati Radiator and Ohio Heat Transfer, Forming the Largest U.S. Heavy Manufacturing Platform for Aluminum Industrial Heat Exchangers
- $14M Expansion Deal with Famed David Lloyd Highlights Rebrand of Sports, Entertainment and Gaming Innovation by AI Driven, Online Fan Engagement Co
- Heartfelt Dreams Foundation Launches Campaign to Build CHD Hospital
- Radarsign Tackles Intersection Safety with Launch of Grid-Free Solar LED Stop Sign
- Sidney and Caroline Kimmel Invest in the Future of Care and Discovery at Jefferson
- Abide Capital Acquires Columbus, OH Apartment Community for $16.5 Million
- Miami Real Estate Agent Drastically Increases Interest In Homes
- Adostics & Genmega Announce the Introduction of A-POD
- QVC Kicks Off 'Christmas in July' with Star-Studded Merrymakers Lineup: Elton John, Martha Stewart, Kathy Hilton, Kim Gravel and Babs Costello as Chief Cheer Officer
- LIB and Nidec Rejoin Forces for Giant TH-0098 Temperature Humidity Test Chamber
- Heritage at South Brunswick Offers Immediate Townhome Appointments and Special Mortgage Incentive Fast-Moving Sales
- INVESTIGATION ALERT: Berger Montague PC Investigates Aflac, Inc.'s Board Of Directors For Breach of Fiduciary Duties (NYSE: AFL)
- The Waite Launches: A Curated Motherhood Marketplace For Every Stage
- Affordable, High-Quality Care: Cheap Braces for Adults Available from Exeter Smiles in Reading
- NASA Collaborative Agreement for Supply of Thin-Film Solar Tech for Orbital Application to Advance Development of Thin-Film PV Power Beaming: $ASTI
- Sci-Fi Novel from Pittsburgh Author Explores Love, Power, & Humanity in an Age of Artificial People
- Exciting New Era of Sports, Entertainment & Gaming Innovation Spotlighted by Rebrand of Expanding AI Driven, Online Fan Engagement Company: SEGG Media