Cocoon Capital Announces First Close of USD 50 Million Fund III to Accelerate Southeast Asia's Enterprise and Deep Tech Startups

Cocoon Capital announced the first close of its third venture capital fund, securing USD 30 million in commitments toward a USD 50 million target. The fund will continue the firm's strategy of investing in early-stage enterprise and deep tech startups across Southeast Asia, providing capital and hands-on support through its Cocoon Academy platform.