Singapore-based investor CapBridge Investment Trust (CIT) is targeting $100 million for a growth-stage VC fund that aims to improve access to established start-ups for institutional investors.
The vehicle represents the first sub-trust fund under CIT, which is backed by Clearbridge Accelerator, Singapore Exchange (SGX) and Healthios, a US-based capital market focused on the healthcare industry....
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.