Catalyst UK and Singapore-based iAxil, the venture accelerator arm of Asian conglomerate Ascendas, have joined forces in a European/Asian partnership.
The co-venture will support and assist both European-based companies wishing to access the Asian market, and Asian-based companies seeking to penetrate European markets.
The partnership offers companies an inside track into each market. It will develop contacts, carry out due diligence on potential partners/customers and negotiate deals.
Richard Turner of Catalyst Venture Partners says: "This is such an exciting time in the development of east/west trading relationships. I am delighted that we can offer our portfolio and other companies access to such a high quality partner in the East."
Tay Li Ling, senior vice president of iAxil, adds: "Catalyst has such an excellent understanding of technology companies and European markets. I am delighted that we can offer this service to our companies."
iAxil offers entrepreneurs and start-up companies access to venture capital, business planning, financial modelling, market intelligence, deal structuring, recruitment of talent, branding, access to international markets and quick start-up space. It also provides consultancy services to help corporate and government clients to establish, develop and run incubators and incubation programmes.
Catalyst Venture Partners is a corporate finance and fast growth advisory firm specialising in the environmental technology, healthcare, software and media.
