Formation Group closes debut US-Asia fund at $357m
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.
When the firm was launched in November 2015, it was said to have already received $200 million in commitments for Fund I, which had a target of around $400 million. The strategy is the same as that envisioned...
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