Technology and healthcare-focused Oceanpine Capital sees the large GP commitment to its fund and the network of its founder as key differentiators in a competitive Chinese market
Hong Kong healthcare-focused VC firm ORI Capital has reached a first close of $112 million on its second fund and exited its largest investment, UK biotech developer Kymab, as part of a $1.1 billion deal.
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.
India’s Endiya Partners has closed its second early-stage venture capital fund with about $75 million in commitments.
Chinese technology and healthcare investor Oceanpine Capital has completed its first external fundraise with $400 million in commitments.
Australian’s Square Peg Capital has closed its third fund at A$600 million ($450 million). It is now said to be the best capitalized VC in the country with A$1.4 billion in funds under management.
Info Edge India, a holding company for Indian jobs portal Naukri, has secured an anchor LP commitment of INR3.7 billion ($51 million) from Temasek Holdings for its debut VC fund.
The process of coming up with a name for a venture capital firm in China can be fraught with challenges around linguistic and cultural differences as well as questions about brand and values
Chinese venture capital firm ZWC Partners has completed a first close of $400 million on its second US dollar-denominated fund. The full target is $450 million.
Australia’s Equity Venture Partners (EVP) has reached a first close of A$50 million ($37 million) on its third early-stage B2B software fund.
OTV, an Israeli VC firm focused on digital health, has closed its latest fund at $170 million, opened a China office, and appointed a new head of Asia to spearhead an expansion in the region.
Velocity Ventures, a Singapore-based VC firm focused on travel and hospitality, has launched its debut early-stage fund targeting Southeast Asia with a target of $20 million.
KVP, the VC unit of Japanese mobile games company KLab, has spun out as an independent entity under the name Anobaka.
MedVenture Partners, a Japanese VC firm focused on medical devices, has closed its second fund with JPY9.9 billion ($95 million) in commitments.
Rockefeller University has aggressively expanded its endowment program by ramping up its appetite for risk. Asian venture capital is playing a key role in this agenda
NextGen Funds Management, a newly established GP in Australia, has launched what it is calling the country’s first dedicated artificial intelligence (AI) fund.
BRI Ventures, a unit of Bank Rakyat Indonesia has reached the first close of IDR150 billion ($11 million) on its locally incorporated tech venture fund.
MDI Ventures, the corporate VC arm of state-controlled Telkom Indonesia, has teamed up with financial technology investor Finch Capital to form a $40 million fund targeting early-stage investments in Southeast Asia.
Institutional investors looking to diversify their growth portfolios are increasingly turning to technology and emerging managers, the AVCJ Forum heard.
Cloud-based infrastructure, logistics technology, mobility solutions and the internet of things are key themes for Future Capital as it begins to deploy its latest China-focused early-stage technology fund
Chinese private equity firm Hony Capital has closed its first venture capital fund at $130 million after approximately four months in the market.
Chinese food and agriculture technology investor Bits x Bites has reached a first close of $30 million on its second VC fund. The target is $70 million.
Hong Kong-headquartered VC firm MindWorks Capital expects to launch its fourth fund in the first half of next year with a target of $150 million.
Texas County & District Retirement System (TCDRS) has put $200 million towards Hillhouse Capital’s latest Asia fundraising effort, committing to three separate funds.