New Zealand's Pan Pacific, Taiwan to set up $40m cross-border fund
Taiwan’s state-run Institute for Information Industry (III) and New Zealand-based Pan Pacific Capital have formed a $40 million venture capital fund, with a view to promoting cross-border deals and expanding bilateral cooperation.
According to III, the fund focus on nurturing Taiwanese digital content start-ups, such as animation companies, and turning them into global players. The government wants to help local digital players...
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