China’s Linear Venture has closed its third fund with a renminbi-denominated vehicle of RMB500 million ($72 million) and a US dollar-denominated vehicle of $70 million.
LPs include Asian asset management firms, fund-of-funds based in China and the US, family offices, and founders or executives from a number of Chinese internet giants, including Alibaba Group, Tencent...
Japan’s Mitsui & Co. and Nomura Holdings have agreed to acquire 100% of New Forests, an Australia-headquartered sustainable real assets investment manager focused on forestry, land management, and conservation.
Openspace Ventures has participated in a USD 23.5m Series B funding round for Freshket, a Thailand-based farm-to-table agricultural supply chain start-up.
Coins, a Philippines-based financial technology provider focused on blockchain-enabled payment services, has received a USD 30m investment led by Ribbit Captial.
Coatue Management and Insight Partners have led a USD 300m Series D round for Indonesian payments infrastructure platform Xendit.