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VC

Mox Capital Fuels Southeast Asian Startup Growth

Rary Maharani
Last updated: September 26, 2024 12:53 am
Rary Maharani
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1 Min Read
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  • Mox Capital backs Southeast Asian startups
  • Steerman Brewery and 1Long showcase impressive growth
  • The VC firm provides comprehensive support beyond funding

Contents
Brewing SuccessFintech RevolutionScaling New Heights

Brewing Success

Mox Capital, a US-based venture capital firm, announced its strategic support for high-potential startups across Vietnam and Southeast Asia. The firm aims to empower fledgling enterprises in an increasingly competitive landscape.

Steerman Brewery, a standout in Mox Capital’s portfolio, has quickly made waves in Vietnam’s beverage industry since 2019, boasting over 35% year-over-year growth.

Fintech Revolution

In the fintech sector, 1Long shines bright. This AI-backed financial management platform secured $500,000 in seed funding from top-tier investors.

1Long addresses challenges faced by Vietnam’s brokers, managing over $100 million in assets and attracting 6,000+ users shortly after launch.

Scaling New Heights

Mox Capital’s involvement extends beyond financial support. The firm provides access to extensive distribution channels, facilitates capital sourcing, and offers industry-specific expertise.

This strategic model aligns perfectly with Mox Capital’s rapid alternative investments thesis, positioning the firm to lead the charge in fostering regional growth.

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