Perpetual Space Ventures | PSV ASEAN Space Fund I
◆ Fund Size
$50M
◆ Location
Singapore
◆ Activity
Statusraising
◆ Links
◆ Share this fund
◆ Investment Thesis
Dual-track strategy investing in 6–8 core companies (Series A–C, TRL 5+) with proven market demand and recurring revenue, plus 'moonshot' initiatives at embryonic stages with innovative ideas and scalability potential. Focus on space technology value chain from upstream production to downstream applications.
◆ About Perpetual Space Ventures
PSV ASEAN Space Fund I, a Singapore-based space-tech VC fund structured as a sub-fund under Altius Capital VCC, aiming for 3x MOIC and 25–30% IRR over six years.
◆ Sectors
◆ Stages
◆ Geography Focus
◆ Team
| Name | Title | Role | Links |
|---|---|---|---|
| Ivan Lee | Principal | Principal | |
| Ron Chiong | Founder And Managing Partner | Managing Partner | in |
◆ Tracked Investments
◆ FAQ
What does PSV ASEAN Space Fund I invest in?
PSV ASEAN Space Fund I invests in Space Tech at the series-a, series-b, series-c and seed stages.
Which geographies does PSV ASEAN Space Fund I focus on?
PSV ASEAN Space Fund I focuses on Singapore, and is headquartered in Singapore.
Which startups has PSV ASEAN Space Fund I backed?
PSV ASEAN Space Fund I has 1 tracked investment on Fusion42, including Solvera.