Private capital platform CapBridge gets backing from SGInnovate, Hong Kong govt-linked Cyberport

SGInnovate's chief executive Lim Jui said:"The disruptions caused by the Covid-19 pandemic have underscored the urgency for alternative fundraising pathways, enabled by deep tech and enhanced connectivity. The CapBridge platform has the potential to optimise the capital raising experience for growth companies in Singapore and the region."

In Singapore, CapBridge Financial holds a capital markets services licence through its primary online syndication platform, and a recognised market operator licence through private securities exchange, 1exchange. With the backing from Cyberport, CapBridge expects to further scale up its presence in Hong Kong to serve the growing interest in private markets from the region.

Cyberport's chairman George Lam said:"We are delighted to have this opportunity to work with CapBridge and this co-investment will help to unlock value for private companies and family businesses, as well as the investors keen on pursuing private market diversification."For daily updates on weekdays and specially selected content for the weekend. Subscribe to

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