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.
Draper Venture Network (DVN), a global alliance of VC investors formed by US-based Tim Draper (pictured), has chosen early-stage GP Blume Ventures as its member for India.
Stellaris Venture Partners, a Indian venture capital firm that spun out from Helion Venture Partners, has reached a first close of $50 million on its debut fund. The full target is $100 million.
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a commitment of up to $20 million in IDG Ventures’ third India-focused fund.
Indonesia’s Bank Central Asia (BCA) has launched a venture capital investment arm that will focus on financial technology.
IDG Capital has agreed to buy its parent, International Data Group's investment unit. It is the latest in a string of bold moves as IDG Capital looks to broaden its business - but how broad is too broad?
Indian early-stage VC firm Endiya has reached a final close of INR1.75 billion ($25.7 million) on its debut fund.
India-based impact investment firm Aavishkaar-Intellecap Group has raised $25 million from Triodos Investment Management and the Shell Foundation.