Golden Gate Ventures has closed its third Southeast Asia-focused fund at $100 million. Like its predecessors, the oversubscribed fund will invest in start-ups using technology to disrupt traditional business models in the consumer sector.
Over the course of more than two decades – with Jafco, Highland Capital Partners, and now AlphaX Partners – Chuan Thor has participated in China’s transition from tech follower to tech leader
Lightbox Ventures has raised $178 million for its third India-focused VC fund, which is targeting a final close of $200 million by the end of the year.
Strategic investors, particularly from China, are playing a growing role in Southeast Asia’s technology scene. Venture capital investors in the region hope their portfolio companies can benefit from the rising tide
National Australia Bank (NAB), has committed an additional A$50 million ($36 million) to its venture capital unit for investments in financial technology companies through 2020.
Sequoia Capital has closed its latest China funds with $2.5 billion in commitments across growth, venture, and seed strategies.
Asia’s driverless car space has become an increasingly popular investment destination in recent years, but a number of significant challenges must be resolved for the sector to gain widespread social acceptance
CDC Group has committed $6 million to a fund managed by Pi Ventures, an Indian firm focused on artificial intelligence (AI) and internet-of-things (IoT).
Sequoia Capital India has closed its sixth fund at $695 million, surpassing a target range of $625-675 million.
Qualgro, a Southeast Asia and Australasia-focused VC firm that spun out from Singapore asset manager Gordian Capital, has secured a first close of $60 million on its second fund.
Tin Men Capital, a Southeast Asia-focused VC firm founded earlier this year, is targeting $100 million for its debut fund. The GP has committed $6.9 million to Overdrive IOT and Globaltix, marking its first two investments.
Matrix Partners has raised $300 million for its third India-focused venture capital fund, which will back companies in sectors including consumer and enterprise technology and financial technology.
Silicon Valley-based seed-stage accelerator Y Combinator (YC) has chosen Qi Lu, the former group president and COO of search giant Baidu, as the founding CEO of its China branch, YC China.
Sino-US venture capital firm GGV Capital is targeting $1.88 billion for its latest fund, which like its previous fund is grouped into four separate vehicles.
Southeast Asia-focused VC firm Openspace Ventures – best known for being the first institutional investor in Indonesian ride-hailing and delivery platform Go-Jek – has closed its second fund at the hard cap of $135 million.
Singapore’s Golden Gate Ventures has launched a cryptocurrency and blockchain fund in partnership with LuneX Ventures, a new firm established by Kenrick Drijkoningen (pictured), Golden Gate’s former head of growth.
Capria Ventures, a US impact investor sponsored by Unitus, has launched a $100 million fund that will focus in part on developing regions within Asia.
Australia’s Future Fund is responding to disruption by investing in venture capital, factoring technology risk into investment decision making, and upgrading internal systems. CIO Raphael Arndt explains the rationale behind this approach
Blackbird Ventures has closed its third Australian VC fund with A$261 million ($193 million) in commitments, split between a core investment vehicle and a top-up fund.
China’s Long Hill Capital scales up with its latest VC fund with strong support from new and existing LPs. Sector specialization has helped underpin much of the progress
Beyond Ventures has been named as a co-investment partner for the Innovation & Technology Venture Fund (ITVF), a vehicle launched by the Hong Kong government to encourage private investment in local technology start-ups.
China Creation Ventures (CCV), a venture capital firm established by the technology, media and telecom (TMT) team at KPCB, has closed its debut fund with nearly $200 million in commitments.
China-focused Long Hill Capital has reached a final close of $265 million on its second US dollar-denominated VC fund as well as a first close of about $30 million for its first renminbi vehicle.
Golden Gate Ventures was founded in order to bring much-needed support to Southeast Asia’s fledgling start-up community. The firm has found success by promoting an entrepreneurial culture within its team