1005 Ventures

1005 Ventures was an early-stage venture fund that has now joined NextBold Capital. It will operate as SVX, the Southeast Asia Venture Exchange, a business angel and board-seat network for the Asia Pacific region. The move follows more than five years of partnership between the two groups.

What 1005 Ventures does

• Angel investing access: a route for individual investors to back seed and growth companies in Asia Pacific.
• Vetting: companies are assessed by the team and a community of experienced venture professionals.
• Expertise: support during critical phases of a company, beyond capital.
• Board positions: the network places experienced people on company boards.
• Direct deals for LPs: NextBold's wealthy limited partners can invest directly through the vehicle.

Customers and markets

Before the change, the fund looked for founders disrupting transportation, health and people management, with interest in emerging markets. Its earlier portfolio included Bravo HR, TalkSocial and ReLoyalty.

Key facts

• Region: Asia Pacific, with emphasis on Southeast Asia
• New name: SVX, part of NextBold Capital