Alibaba founding member is backing this $37m Singapore fund to invest in startups

SingaporeTech in Asia — Venturecraft, a startup accelerator partnering with government agency SPRING Singapore’s Sector-Specific Accelerator program, has launched a new US$37 million fund to bet on growth stage medtech and internet startups in Asia. The first investment out of the second fund is in Mirxes, a Singapore startup spun out of government research agency A*STAR that’s developing a test to diagnose a range of diseases using just a drop of blood.

https://www.techinasia.com/37m-fund-singapore-alibaba-cofounder-invest-medtech-startups

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