Stealthy Singapore VC firm Qualgro is raising a $100M fund

Southeast Asia’s venture capital space is booming right now. Openspace Ventures just announced the close of its newest $135 million fund, Golden Gate Ventures hit the first close on its upcoming $100 million vehicle, and a third Singapore-based fund is also raising big right now: Qualgro.
Unlike others, Qualgro has operated relatively under the radar to date.
That’s been very deliberate, according to managing partner Heang Chhor, who started the firm after leaving McKinsey