Hong Kong-based Arbor Ventures has received $178.5 million in commitments for its second financial technology-focused venture capital fund. The targeted corpus is $220 million.
Next 10 Ventures, a US and Singapore-based GP headed by former YouTube and Warner Bros executives, has raised $50 million for a fund focused on user-generated media content businesses.
Hanoi and Ho Chi Minh City provide Vietnam’s nascent start-up scene with a unique double-hub structure. Ecosystem gestation remains slow but it is supported by a nuanced diversity
Vision Plus Capital Partners, a Chinese venture capital firm set up by one of the co-founders of Alibaba Group, has raised $500 million for its second US dollar and renminbi-denominated funds.
Australia’s Westpac Banking Corp has committed A$50 million ($37 million) to the third fund of its venture capital unit Reinventure.
For all the fervor about technology opportunities in Indonesia, independent local VC firms are thin on the ground. Traditional LPs want to see more evidence of performance before getting involved
GGV Capital has raised RMB1.5 billion ($236 million) for its debut renminbi-denominated fund. The successful close takes the Sino-US venture capital firm’s total assets under management past $4 billion.
Having raised two VC funds with Lightspeed China Partners, Ron Cao has closed his first at Sky9 Capital with $200 million in commitments. The industry dynamics have changed, but Cao is sticking to his early-stage roots
Varun Laul (pictured), the sole remaining India-based representative of Providence Equity Partners, has left the GP to join technology-focused venture capital firm Zodius Capital.
Indian VC firm Unitus Ventures (formerly Unitus Seed Fund) has reached a first close of INR1 billion ($15 million) for its second early-stage impact investment fund.
Chinese healthcare and life sciences-focused GP Decheng Capital is targeting $450 million for its third US dollar-denominated fund.
NSI Ventures, a Southeast Asian early-stage investor affiliated to Northstar Group, is to become fully independent and rebrand itself as Openspace Ventures.
Chinese VC firm Sinovation Ventures has confirmed a final close for its fourth fund at the targeted corpus of $500 million.
Qiming has chosen to stick to its successful formula with its sixth US dollar-denominated vehicle, which recently closed at $935 million
The rise of corporate-backed innovation programs in Singapore suggests the emergence of a new model for start-up development. Stakeholders are monitoring the pros and cons of the phenomenon
Sky9 Capital, a venture capital firm established by Ron Cao (pictured), formerly of Lightspeed China, has closed its debut US dollar-denominated fund at $200 million.
The government of Shenzhen has launched a VC fund with an initial corpus of RMB500 million ($79 million) to invest in blockchain start-ups in the city.
Singapore-based RE Lee Capital has confirmed it will launch a series of alternative asset investment products across the next three months and commit up to $60 million to pre-seed technology start-ups.
Investments by China's tech giants becoming more prominent in Indonesia's tech space, but Chinese VC investors continue to tread cautiously in the country for the most part
Khailee Ng, a managing partner with 500 Startups in Southeast Asia, discusses the rising demand for start-up exposure in Indonesia, the prospects for the country’s four unicorns, and exit opportunities
Spanish bank BBVA has committed $50 million to Chinese VC firm Sinovation Ventures’ latest US-dollar denominated fund.
Sequoia Capital plans to raise up to $3.1 billion for deployment in China and India across seed, venture and growth strategies.
Qiming Venture Partners has closed two China-focused VC funds – including its sixth US dollar-denominated vehicle and fifth renminbi-denominated vehicle – and a newly-established US healthcare fund, with $1.39 billion in aggregate commitments.
Kee Lock Chua, CEO of Temasek-owned Vertex Holdings, discusses venture capital trends in Asia