AGIC Capital, which invests in European high-end manufacturing companies with expansion potential in Asia, has closed its debut fund on target at $1 billion.
The firm – previously known as Asia-Germany Industrial Promotion Capital – was set up by Henry Cai, formerly executive chairman of corporate finance for Asia Pacific at Deutsche Bank. The fund launched...
The government of Shenzhen, China has launched a VC fund with an initial corpus of RMB500 million ($79 million) to invest in blockchain start-ups in the city.
Sequoia Capital China and Serica Partners have co-led an $11 million Series A round for US-based molecular diagnostics start-up NuProbe.
Shenzhen Capital has joined a $30 million Series C round for US-based 3D printing company Formlabs that will support an expansion effort in China and Asia.