Source Code Capital, a Chinese VC firm founded by Yi Cao (pictured), a former partner at Sequoia Capital, has closed its third US dollar-denominated technology fund at $260 million.
Venture capital has come to the fore in Indonesia, propelled forward by the attractions of a youthful population, rising disposable incomes and growth in smart phone adoption
The corporates and family groups that dominate Indonesia’s economy are becoming increasingly active in the VC space. To independent GPs, they are more friend than foe, but agendas and approaches vary
Banyan Capital has raised more than RMB5 billion ($725) million across two China-focused venture capital funds – one US dollar-denominated and the other in renminbi.
Japanese GP IMJ Investment Partners has spun out from its corporate parent and changed its name to Spiral Ventures.
Indian electronics manufacturer Intex Technologies has launched a technology-focused venture capital fund and made its first investment in online media platform Rooter.
In response to rising LP demand, Square Peg Capital left its deal-by-deal days behind and raised a formal VC fund. The firm is targeting start-ups in Australia, Southeast Asia and Israel
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a commitment of $3 million to the artificial intelligence (AI)-focused debut fund of Indian VC investor Pi Ventures.
Square Peg Capital, an Australian venture capital firm set up by Paul Bassat, co-founder of job listings site Seek, has closed its debut fund at A$234 million ($180 million), exceeding the A$200 million target.
Australia-based VC investor Followtheseed has launched a $50 million fund to invest in global early-stage start-ups.
Stefan Jung has spent five years in Southeast Asia’s start-up scene, first as a leader at Rocket Internet and then as a VC investor. He believes the region is just beginning to unlock its potential.
Singapore-based hedge fund Dymon Asia Capital has reached a first close of $20 million on its debut venture capital vehicle.
Darma Tech Labs, operator of Japanese hardware-focused accelerator Makers Boot Camp, plans to launch a JPY2 billion ($17.5 million) venture capital fund, with Kyoto Bank serving as the anchor LP.
Uniseed, a venture fund manager associated with the Australian government’s CSIRO research unit and a number of domestic universities, has secured A$20 million ($15.2 million) in fresh commitments for a new follow-on fund.
Jenny Lee, managing partner at Sino-US VC firm GGV Capital, discusses supporting start-ups from early through later-stage rounds, and why technology players increasingly need to think internationally
Several managers in the latest generation of China VC spin-outs retain close ties to their former corporate parents. These relationships can deliver great deal flow, but also governance headaches
Indian early-stage VC investor Pi Ventures has reached a first close of $13 million on its debut artificial intelligence (AI)-focused fund.
IDG Ventures India has partnered with Axilor Ventures for a program that will discover and fund disruptive technology start-ups in the country.
Milton Chou, China growth leader and senior director at GE Ventures, discusses the role of a captive VC firm
GGV Capital has appointed Eric Xu (pictured), former managing director of SIG Investment Asia, as managing partner in its Shanghai office.
Formation Group, a Silicon Valley and Asia-focused venture capital firm established by Brian Koo (pictured), co-founder of Formation 8, has closed its debut fund at $357 million.
Australian superannuation fund Hostplus has committed A$85 million ($65 million) to local seed investor Artesian, taking the venture capital firm’s funds under management to more than A$150 million.
Indonesian VC firm Kejora Ventures has reached a first close of nearly $25 million on its second fund and plans to expand into Thailand with the support of one of its LPs, the Chareon Pokphand family, which controls local conglomerate CP Group.
K2 Global has raised $183 million for its debut venture fund, which aims to promote cross-border development in Asian and US technology start-ups.