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Genesis backs Triangle with $5m venture debt inside $15m package

The Singapore live entertainment company will use the funding to scale touring and festival infrastructure across Asia-Pacific and add travel and hospitality services.

Alex Price2 min readUpdated

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About the deal

Borrower
Triangle Group
Amount
$5m
Facility
Venture debt
Lender
Genesis Alternative Ventures
Sector
Media & Entertainment
Region
APAC
Country
Singapore
Announced

Genesis Alternative Ventures has provided Triangle Group with a $5 million venture debt facility as part of a $15 million financing package announced on 5 August 2026.

The debt sits alongside a $10 million equity seed round led by DSG Consumer Partners, which said the deal is its first investment in live entertainment. Golden Gate Ventures, the Oberoi Family Office and angel investors also joined the equity round.

Singapore-based Triangle funds, routes, produces and promotes tours and festivals across Asia-Pacific. Formerly Creation Collective, the company was established in 2024 and operates in 18 cities across nine countries, with teams in Singapore, Australia, Malaysia and Indonesia.

Triangle said the proceeds will support live touring and festival infrastructure across the region, as well as consumer-facing services including travel and hospitality packages.

The company is led by Chief Executive and Co-Founder Greg Hargrave, formerly Chief Executive of Skilled Group; Co-Founder and Managing Director, Culture and Creative Zaran Vachha, who has worked across Asia's touring and festival circuit; and Chief Financial Officer Matthew Qi-Tao.

Roger Field, formerly President of Live Nation Asia Pacific and Chief Executive of Live Nation Australia and New Zealand, has joined Triangle as Executive Director and Operating Partner after a year as an adviser and investor. Field spent 13 years at Live Nation and, from 2020, was responsible for 11 markets.

Eddy Ng, Partner at Genesis Alternative Ventures, said the firm is backing Triangle as it builds infrastructure for Asia-Pacific's experience economy.

Genesis is a Singapore venture debt firm founded in 2019 by Ben J Benjamin, Jeremy Loh and Martin Tang. It provides debt to venture-backed, growth-stage companies in Southeast Asia.

The firm closed its second Southeast Asia-focused venture debt fund at $125 million on 10 September 2024. More than 80 per cent of Fund I investors returned, including Aozora Bank, Korea Development Bank, Mizuho Leasing, Sassoon Investment Corporation and Silverhorn. New LPs included Mizuho Bank and OurCrowd. At the close, Genesis said Fund II had already deployed more than $20 million of venture loans across Singapore, Indonesia, Malaysia and the Philippines.

Genesis closed Fund I at $80 million in April 2021, with investors including Sassoon Investment Corporation, Aozora Bank, Korea Development Bank, Silverhorn, CIMB Niaga and Capria.

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