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Ex-GIC partners launch bold new VC firm to back tomorrow's tech giants

The trio behind DoorDash and Uber's early success is rewriting the rules of venture capital. Their new firm could redefine how startups scale globally.

The image shows the Emerson logo on the side of a building, with a clear blue sky in the...
The image shows the Emerson logo on the side of a building, with a clear blue sky in the background. The text on the building reads "Emerson to invest $1.5 billion in the US".

Ex-GIC partners launch bold new VC firm to back tomorrow's tech giants

Three former partners from Singapore's sovereign wealth fund GIC have launched their own venture capital firm. Karan Sharma, Ethel Chen, and Jeremy Kranz previously backed major tech companies like DoorDash, Uber, and SpaceX. Their new venture aims to create the next wave of global tech leaders.

During their time at GIC, the trio played a key role in funding some of the past decade's biggest tech names. Their investments included DoorDash, Uber, Zoom, Coinbase, and SpaceX. They also supported Snowflake, Affirm, Anduril, and Chainalysis.

Now, they are stepping away from the traditional Silicon Valley approach. Their new firm will focus on building global tech giants with a fresh strategy.

The firm's founders bring years of experience from GIC, where they helped shape major tech successes. Their new venture will target ambitious startups looking to scale beyond conventional models. The move marks a shift in how next-generation tech companies may be funded.

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