India venture capital firm Z3 Partners has reached a first close of INR1 billion ($13.6 million) on its debut fund, which will invest in early-stage technology start-ups.
LP participation to date has been dominated by high net worth individuals. The target corpus is $100 million. Focus sectors include financial technology, e-commerce, B2B commerce, software and software-as-a-service,...
Most traditional large-cap buyout funds have become hybrids in Asia, taking minority stakes in businesses to generate deal flow in certain markets and to harness regional growth trends
Addor Capital – a Chinese VC firm backed by Jiangsu High-Tech Investment Group, also known as Govtor Capital – has raised RMB1.56 billion ($241 million) for its second renminbi-denominated healthcare fund.
India’s Trifecta Capital has closed its second venture debt fund with $140 million in commitments. The firm raised about $68.4 million for its debut vehicle in 2017.
Gitai, a Japanese start-up developing a humanoid general-purpose work robot for use in space, has secured a JPY1.8 billion ($17 million) Series B round from local VCs.