Gree Ventures, which was set up by Japanese mobile gaming company Gree, has closed its second early-stage VC fund at $67 million.
Chinese healthcare specialists Frontline BioVentures and WuXi Healthcare Ventures have merged, forming a new investment firm called 6 Dimensions Capital.
Lightspeed China Partners has closed its first renminbi-denominated venture fund at RMB600 million ($87 million).
The International Finance Corporation (IFC) is considering an investment of $15 million in Hong Kong-based Arbor Ventures’ second VC fund, which has an initial target of $220 million.
The International Finance Corporation (IFC) is considering a $10 million commitment to the debut fund of Stellaris Venture Partners, a spin-out from Indian VC firm Helion Venture Partners.
Indian venture capital firm Iron Pillar Capital Management has reached a first close of INR1.3 billion ($20 million) on its debut India fund.
Jungle Ventures' SeedPlus took its time accumulating $18 million from a set of LPs that can offer particular value-add to complement an operationally experienced investment team
SeedPlus Singapore, a Southeast Asia-focused seed fund run by Jungle Ventures, has closed its debut fund at S$25 million ($18 million).
Yi Capital, a Beijing-based VC firm founded by two former partners at CDH Investments, has closed its debut renminbi-denominated fund at RMB800 million ($116 million).
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