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

by Team 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 Team 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 Team 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,...

Covid 19 – APAC Travel Takes a Hit; SEA Startups Struggle to Find Funding

by Team Velocity Ventures | Feb 3, 2021 | News, Travel & Hospitality

by Marissa Trew, Web in Travel No one doubts the impact of Covid-19 will be felt in every sector, from airlines to hotels and startups. A report from Velocity Ventures, a VC fund based in Singapore, for example, anticipates a drop in funding of 25% for startups in...