- Olympic gold medalist Joseph Schooling retires from swimming to venture into venture capital.
- His firm, Swaen Schooling Capital, focuses on early-stage investments in sustainability, sports, and tech.
- Schooling’s move aligns with the growing interest in sustainability.
Joseph Schooling, Singapore’s first Olympic gold medalist, has announced his retirement from competitive swimming and is now venturing into the world of venture capital.
As a founding partner at Swaen Schooling Capital, alongside investment banker Cliff Go and serial entrepreneur Ben Ling, Schooling is eager to explore new passions and face different challenges in this next phase of his life.
Swaen Schooling capital’s investment focus
Established in August 2022, Swaen Schooling Capital focuses on early-stage investments in three key areas: impact and sustainability, sports and wellness, and tech.
The firm is also open to opportunities to create original businesses in-house or form strategic joint-venture partnerships.
Although the VC firm has announced no investments to date, Schooling has previously invested in the pre-seed round of the Singapore-based mental health startup Huddleverse in May 2023.
Growing interest in sustainability
Impact and sustainability have recently become a growing focus for investors in Southeast Asia.
Companies such as Temasek, East Ventures, Openspace, and Wavemaker have invested in startups operating in this field, highlighting the increasing importance of these sectors in the region’s startup ecosystem.
As Schooling transitions from his successful swimming career to the world of venture capital, his focus on impact and sustainability aligns with the broader trends in the industry.
To read the original article: https://www.techinasia.com/sg-olympic-gold-medalist-retires-joins-vc-space
