$VELO l @veloprotocol
Whenever I get nervous about an investment, I always look for one thing…
Does a top-tier institution keep putting more money in?
With $VELO, the answer is a loud yes.
UOB Venture Management, the VC arm of United Overseas Bank made their second strategic investment in Velo Labs (Sep 2024), after already backing them earlier and That’s huge ☝🏻
UOBVM has assets under management in excess of S$2.0 billion 💰
Out of UOBVM’s 250+ portfolio companies across ASEAN and China, only five have ever received repeat funding (according to AI research & analysis)
1. Velo Protocol (Web