China’s 01 Venture Capital (01VC) has closed its second US dollar-denominated fund for early-stage investments with $100 million in commitments.
01VC confirmed the fundraise via social media, noting that most commitments came from overseas investors, including foundations, endowments, family offices and fund-of-funds. The firm’s debut vehicle...
01VC has secured institutional LP support for its second fund, which closed at $100 million. The early-stage investor plans to deploy it across industrial and enterprise deals in China and Southeast Asia
Singapore hotel management and booking platform RedDoorz has raised $70 million in Series C funding less than a month after closing a $45 million Series B.
LBNCo, an Australian fiber optic network provider acquired last year by a consortium led by ROC Partners, will be sold to industry peer Uniti Wireless for A$100 million ($67.7 million).