Japan’s Dai-ichi Life Insurance has agreed to invest JPY1 billion ($9.1 million) in a venture fund managed by local energy and cleantech specialist Energy & Environment Investment (EEI).
EEI’s fourth fund targets energy and resources-related sectors, including peripheral fields such as smart homes. It will be invested 70% in Japan and 30% in Europe. Other LP backers include Kyushu Electric...
Bertelsmann India Investments has earmarked USD 500m, provided by its eponymous German parent, for investment in local start-ups. The VC unit’s total deployment since its launch in 2013 is USD 285m.
UK-headquartered incubator Entrepreneur First (EF) has raised USD 158m, targeted in part at investment in Southeast Asian start-ups and expanding its reach in the region.
CDH Investments has agreed to sell New Zealand-based supplements manufacturer The Better Health Company (TBHC) to Nestlé Health Science for an undisclosed sum.
India and Southeast Asia-focused Panthera Growth Partners has reached a first close on its second fund with commitments amounting to more than half the overall target of USD 250m.