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Engage isn't a micro fund, exactly.
Okuri Ventures was founded in Autumn of 2008 and we are currently working on raising a micro fund for early stage seed investments.
In fact, today, Amplify, once a micro fund, is taking the wraps off a third fund that it just closed with $200 million.
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This is a micro-fund after all.
In the case of the latter, the VC is in process of raising a micro-fund for Vietnam in the style of 500 Tuktuks.
But it's now looking to make a bigger bet, specifically in Southeast Asia, with a $10 million micro fund devoted to the region, as well as the hiring of Malaysia-based entrepreneur Khailee Ng as its newest venture partner.
That's particularly true considering 500 Startups raised a $10 million micro fund dedicated to Thailand, one country that 500 Durians covers, earlier this year.
"Being a new micro fund [that's off the beaten path] isn't easy, but we're working on creating and fostering those connections, especially as our portfolio companies mature".
Once approved, the Partnership leader can set up either a single-company micro fund, or a traditional multi-company VC fund that gets listed on the FundersClub site.
There could also be also be a trickle-down reaction at play, according to Semil Shah, founder of Haystack, an active-seed stage micro fund that, like most firms, is in constant communication with existing and potential investors.
The consultants looked at investing the fund in a savings account at a bank, using the fund for a loan to one company, or creating a micro credit fund.
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