A group of Australian VCs including Blackbird Ventures has invested about A$24 million ($17 million) in local wi-fi and internet-of-things (IoT) chipmaker Morse Micro.
Right Click Capital, Atlas Advisors, and Skip Capital, a firm created by Atlassian co-founder Scott Farquhar, also participated. Other backers include Uniseed, a fund launched by a group of local universities...
The Overseas Private Investment Corporation (OPIC), a development finance arm of the US government, will invest $185 million in India’s small to medium-sized enterprise sector.
500 Startups has teamed up with a unit of the United Nations to launch an impact-focused start-up accelerator in Indonesia.
Qiming Venture Partners has led a $37 million Series B round for Insilico Medicine, a Hong Kong-based drug development company that uses artificial intelligence (AI).
Texas County & District Retirement System (TCDRS) has committed up to $100 million to Baring Private Equity Asia’s seventh pan-regional fund.