Innovation Network Corporation of Japan (INCJ) and Tokyo-based asset manager Sparx Group have agreed to invest at least JPY6.4 billion ($57 million) in household robot maker Groove X.
Mirai Creation Investment, a fund operated by Sparx, and INCJ will each commit JPY1.4 billion within the month. This will support an initial raise of JPY4.3 billion, with additional participation from...
Singapore’s GIC Private and Sequoia Capital China have invested a combined $40 million in Korean financial technology company Viva Republica.
Japanese corporate pension funds are looking to increase their allocations to infrastructure, but they value the opportunity to visit managers before committing capital.
Nazrin Hassan, CEO of Cradle Fund, died on June 14 due to blast injuries incurred when his mobile phone exploded, the Malaysian venture capital firm has confirmed.