Shane is a co-founder of Openspace, a Southeast Asian investment firm founded in 2014. The fund now manages close to US$1 billion across 5 funds, from early through to growth stages, and has 55+ portfolio companies. He represents the firm on the Boards of some of its most significant investments including Halodoc, Pluang and Finnomena. He previously spent fourteen years in investment banking, with roles including Managing Director and Co-Head, Technology Investment Banking at Citigroup Asia-Pacific.
During this time he worked closely with Asian technology companies, completing over $10BN of transactions with deal sizes from $30MN-$3BN and gaining an invaluable insight into their operations and growth. Shane holds an MBA with Distinction from INSEAD Singapore and is also currently the Vice Chair of the Singapore Venture and Private Capital Association (SVCA.)
Hall C (Level 2)
Open
Although European investors may be seen to be backing local growth-stage success stories, many later-stage companies often turn to foreign investors. If Europe is to reduce its reliance on growth stage foreign capital to a level similar to other mature ecosystems such as the US or China which self-funds to the tune of 80%, European investors would need to step up significantly as Europe’s startups are still gasping for capital. It's time for bold action: harmonized regulations, tax incentives for investors, and may be a pan-European startup visa?
Join us to debate how Europe can unleash its entrepreneurial potential and close the funding gap before it's too late.