Chinese venture capital firm Gaorong Capital has raised $500 million for its fourth US dollar-denominated fund. The majority of commitments came from existing LPs, with two endowments coming in as new investors.
The fund is similar in structure of the firm’s third US dollar vehicle, which closed in April last year. It comprises a core vehicle of $450 million for institutional investors and a $50 million sidecar made...
Cool Japan has taken a new angle on its cultural investment thesis with Spiber, a biotechnology developer bringing next-generation materials to the apparel industry
Creador has raised $50 million for its fourth Southeast Asia and India-focused private equity fund from the Asian Development Bank (ADB).
Everstone Group has established a partnership with Singapore-based warehouse operator GLP to invest $500 million in India’s logistics ecosystem.
Accel Partners and Qualcomm Ventures have joined an INR2.5 billion ($35 million) funding round for Indian agriculture industry platform operator Ninjacart.