Backed by billionaires and led by Ozi Amanat, an international investor and venture capitalist, the company is expanding to Miami to invest in tech companies.
—Ozi Amanat
MIAMI, USA, October 27, 2022 /EINPresswire.com/ — World K2, a venture capital firm focused on start-ups, today announced the expansion of its business and $300 million in committed capital to invest in promising technology start-ups globally. An early investor in Singapore’s tech ecosystem, K2 has made its first investment in Miami-based startup MoonPay – a global provider of cryptocurrency payment solutions. K2 Global’s long track record of successful investments includes 18 IPOs and over 50 portfolio companies such as Uber, Spotify, Airbnb, Coinbase, Warby Parker, impossible foodsOatly, Allbirds, Palantir, Completelyand Paytm.
Founded in Singapore and Silicon Valley in 2015, K2 Global is one of the first venture capital firms to focus on investing in US and Asian-based start-ups that aim to tap into the market early-stage global and one of the biggest solo venture capitalists. Led by Ozi Amanat, an international investor and venture capitalist, the company is expanding in Miami. K2 Global will invest in fintech, foodtech, consumer tech, deep tech, machine learning and artificial intelligence. In addition to providing capital, the company will help start-ups grow globally by helping them navigate overseas markets using the established network of industry leaders, strategic partners and corporate sponsors. K2.
“We are excited to play an important role in accelerating economic growth in our targeted regions with our global connections actively supporting the venture capital ecosystem,” said Ozi Amanat, General Partner of K2 Global. “Our goal is to provide promising start-ups with an opportunity to expand their horizons from their local regions like the United States, Singapore and India and help them access the global market. While large venture capital funds have raised and deployed capital at ever-increasing levels of speed, K2’s relatively smaller scale and personal connections allow us the flexibility and patience to invest in selected special opportunities. We believe that small, emerging VCs have a good chance of outsized returns because we’re outsiders, and often, many start-up founders are too. We believe the current market reset may be one of the best generational opportunities to invest in private tech companies. We are grateful to our sponsors who have supported us and grown with us and welcome our new investors who have joined the journey.
The expansion is supported by Miami-based K2 Global’s first investment in fintech company MoonPay, a global provider of cryptocurrency payment solutions. MoonPay allows its customers to exchange currency and fiat using major payment methods including Apple Pay and Google Pay, as well as debit and credit cards. The startup has raised capital from Tiger Global, Coatue, Thrive Capital, K2 Global, New Enterprise Associates, Paradigm and strategic investors Justin Bieber, Gwyneth Paltrow, Snoop Dogg, Ashton Kutcher and other celebrities.
About K2 Global
K2 Global is a venture capital firm founded in Singapore and Silicon Valley in 2015. The firm combines decades of diverse experience with a global perspective. The founders are investors in Palantir, Spotify, Coinbase, Airbnb, Allbirds, Paytm, Pinterest, Warby Parker, Scopely, Oatly and Impossible Foods. K2’s expertise and global connections provide distinct value that helps start-ups access emerging growth markets, a network of industry leaders and established strategic partners. K2 sponsors are prominent industry leaders in Singapore, USA, India, Indonesia, Japan, Hong Kong, Thailand, Malaysia and Australia. K2 investors hold strategic holdings in real estate, manufacturing, healthcare, media, technology, textiles, plastics, food, beverages, retail, telecommunications and hospitality. K2 sponsors include family offices, institutions, sovereign wealth funds, venture capital firms and strategic investors on three continents.
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World K2
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