Singapore, 6 May 2018 – CapBridge Pte Ltd (“CapBridge”), the global private capital platform supported by Singapore Exchange (“SGX”), today announced the appointment of Mr Chew Sutat as a Non-Executive Director. Mr Chew is currently
Executive Vice President and Head of Equities & Fixed Income at SGX.
Mr Chew said, “CapBridge smartly supports the capital needs of growth companies via an investment sharing process, leveraging on knowledgeable investors for each company. The SGX and CapBridge partnership forms a strong funding eco-system for these pre-IPO companies, so that they can focus on building tomorrow’s champions.”
Mr Johnson Chen, Founder and CEO of CapBridge said, “SGX has been a strong partner and investor in CapBridge. Mr Chew brings with him deep capital market experience and will provide guidance on our continued growth. We will work closely with our Board to continue bridging the funding gap for growth companies, and fulfilling the desire of private investors for exposure to growth equity.”
CapBridge, which empowers accredited investors to co-invest with expert lead institutional investors in growth opportunities, recently closed its Series A funding round with more than S$5m raised. The round was over-subscribed and expanded on the back of strong investor demand.
Investors in CapBridge include venture capitalist Tim Draper, Singapore and international family offices, and SGX.
The CapBridge platform currently has over US$250m investable live deals from highgrowth companies actively seeking growth capital.
Powered by the CapBridge investment sharing process, institutional investors actively lead funding rounds with accredited investors co-investing alongside these expert lead investors.