Blackbird Ventures has closed its third Australian VC fund with A$261 million ($193 million) in commitments, split between a core investment vehicle and a top-up fund.
The venture capital firm hit the $100 million hard cap on the core vehicle in April, having originally targeted A$75 million. The top-up fund reached a first close of A$125 million at the same time. The...
The Asian Development Bank (ADB) has agreed to invest $25 million in Exacta Asia Investment II (Exacta II), a Southeast Asia-focused vehicle launched last year by Japan’s Mizuho Bank.
Bcause, a US-based cryptocurrency services company backed by SBI Holdings has received a commitment of undisclosed size from China Health Checkmate (CHC) to support an Asian expansion.
Wukongbao, a Beijing-based online insurance broker, has raised millions of US dollars in a Series B round led by Chinese classifieds platform 58.com, with participation from Guohua Life Insurance.
China Everbright has completed the first close of RMB800 million ($115.4 million) on its third healthcare fund. The overall target for the vehicle is around RMB1.5 billion.