December 8, 2023, Mr Chuan Teck Lee, CEO of Enterprise Singapore, met with representatives of Chinese venture capital firms in Beijing. Meridian Capital Asia’s Global Partner, Jonathan Qiu, attended the meeting.

Jonathan Qiu shared information about our Singaporean heritage and continuous efforts in supporting technological innovation with Mr Chuan Teck Lee and his delegation.

Founded in Singapore in 2008, Meridian’s Fund I was denominated in Singapore dollars and was the first private equity fund supported by the Singapore Economic Development Board (EDB)’s equity programs that has a foreign founder. Since then, we have grown to manage 9 funds with over $1.5 billion in AUM.

We primarily focus on the deep tech sector and early-stage (series A and B) investments. And we are usually the lead investor in deals. Till today, we have invested in over 260 innovative companies, including BOSS Zhipin (BZ.O), Weimob Inc. (2013. HK), Biren Technology, Origin Quantum, Qiqitong, Yelink Technology, and Hefu Noodles.

Over the past 15 years, we have always taken Digitalization as our prime investment mandate and invested in technological advances. We will continue to focus on Advanced Manufacturing, Renewable Energy, New Materials, Artificial Intelligence, Agricultural Technology, and frontier tech areas such as Space Technology, Quantum Computing, Nuclear Fusion, etc.

Jonathan Qiu also talked about Meridian Capital Asia’s future global technology investment expansions in Southeast Asia with Singapore as a base, and other regions around the globe. Mr Chuan Teck Lee expressed his recognition of Meridian Capital Asia’s vision. Then, Jonathan Qiu shared what he learned from participating in Singapore Week of Innovation and Technology (SWITCH) in November 2023.

Lastly, they discussed the opportunities for Chinese companies to go overseas into Southeast Asia. They also exchanged views on the trends and hot spots in the technology venture capital markets of both Singapore and China.

Meridian Capital Asia is excited about further supporting growth and innovation in Singapore and looks forward to collaborating further with potential regional partners.