Velocity Ventures announce first close of USD20 million Travel and Hospitality Fund

by Velocity Ventures | Jun 30, 2021 | News, Press Release

Accelerating digitalisation of Hospitality & Travel businesses across Southeast Asia Singapore, 30 June 2021 – Velocity Ventures, a travel & hospitality-focused venture capital firm based in Singapore, announces the initial closing of the first-ever venture...

Fixing food waste problem means less hungry people and a great economy

by Velocity Ventures | Jun 3, 2021 | News, Tech & Venture

by Sainul Abudheen K, e27.co In 2019, Singapore generated 744M kg of food waste, which is equivalent to 2 bowls of rice per person/day, or around 51K double-decker buses! Food waste is a colossal problem. It damages global economic and environmental resources....

Two local green companies among 25 in the world to win UN start-up competition

by Velocity Ventures | Apr 1, 2021 | News, Tech & Venture

by Shabana Begum, The Straits Times SINGAPORE – Two local sustainability companies have beaten around 10,000 other green firms to join an elite group of 25 winners in a global start-up competition organised by a United Nations body. The top 25 will now get...

Velocity Ventures launches sector-specific fund to help startups through COVID-19

by Velocity Ventures | Mar 8, 2021 | News, Press Release

Helping Travel & Hospitality businesses in Singapore and Southeast Asia digitalise and return to growth through the COVID-19 pandemic with USD20million fund. SINGAPORE, 4 DECEMBER, 2020 – Velocity Ventures, a Travel & Hospitality-focused Venture Capital (VC)...

Discover how Lumitics is helping buffet kitchens curb food waste by peeking into their bins

by Velocity Ventures | Feb 3, 2021 | News, Tech & Venture

by Vanessa Liu, The Straits Times The Sunday Times talks to Mr Rayner Loi, 26, co-founder and chief executive of Lumitics, a local technology start-up that developed Insight, a smart food waste tracker. The device is used by hotels, airlines and large commercial...

Velocity Eyes $20m For Travel Fund, Aims To Match Corporates With Startups

by Velocity Ventures | Feb 3, 2021 | News, Press Release

by Vera Lye, Web in Travel COVID has given Velocity Ventures new impetus to forge ahead with its travel and hospitality fund, and the firm is targeting to raise US$20 million by December 2021. Nicholas Cocks, founder and managing partner of Velocity Ventures, said,...