Finding and backing tech start-ups that may one day grow into unicorns is no easy feat. But a group of angel investors is hoping to prove otherwise. These angel investors are senior executives who have worked or are working for well-known and established tech names — the likes of Apple, Google, Microsoft Corp, SoftBank and others.

Known as XA Network, this loose community of angel investors seeks to invest in early-stage tech start-ups from across Southeast Asia. This includes start-ups that are based in this region but are not necessarily operating in these markets.

XA Network usually focuses on start-ups that operate in technology segments, of which its members have familiarity and the relevant expertise in. These segments include smart mobility, consumer service advertising technology and FinTech. Other segments, in which members do not have familiarity and the relevant expertise — for instance, MedTech — are usually avoided.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook