Venture
Fund focus: Redpoint China leverages its brand
Redpoint China Ventures secures $400 million for its traditional early-stage investments as well as for an expansion into growth round coverage
Japan Airlines launches $70m VC fund
Japan Airlines (JAL) has provided $70 million for a venture capital fund focused on transportation technology start-ups. It will be managed by US-based TransLink Capital.
Sequoia launches accelerator for India, Southeast Asia start-ups
Sequoia Capital has launched Surge, an accelerator program aimed at start-ups that are either based in or targeting India and Southeast Asia.
China's sharing economy: Shared dilemma
With Ofo teetering on the brink of bankruptcy, bike-sharing and the broader concept of the sharing economy in China is being called into question. The survivors will be sustainable and suitably differentiated
Redpoint China raises $400m across two new funds
Redpoint China Ventures has closed a $300 million fund focusing on early-stage investments and a $100 million opportunity fund looking to invest in growth-stage companies.
Fund focus: Matrix doubles down on India
Matrix Partners India closed its third fund in speedy fashion despite ongoing woes about consistency in the country’s venture environment. Patience regarding comparisons with China has been critical
Japan's Mitsui backs $100m VC fund in Israel
Japan’s Mitsui & Co has invested in Israel-based Magenta Venture Partners’ debut fund, which is targeting $100 million and to date backed entirely by Japanese corporates.
Fund focus: Lightspeed ends 2018 with a flourish
Lightspeed China Partners took just three months to raise $560 million for its fourth US dollar fund, which includes a $200 million sidecar for follow-on investments
China's K2VC severs ties with spin-out over IP breach
Chinese early-stage investor China Renaissance K2 Ventures (K2VC) has publicly attacked Next Capital - a spin-out from the venture capital firm - for allegedly stealing confidential information.
Venture capital: The battle to be different
VC fundraising has been on a roll in Asia as managers raise larger sums to address fast-growing investment opportunities. GPs must consider what – and how much – makes them stand out from the crowd
Lightspeed China closes US dollar fund at $560m
Lightspeed China Partners has closed its latest US dollar-denominated fund at $560 million. It is the largest fund raised by the firm to date and brings assets under management to $1.5 billion.
AVCJ Awards 2018: Fundraising of the Year - Venture Capital: Sequoia Capital China
Sequoia Capital China took just two weeks to close its latest VC fund. The firm accumulated $2.5 billion in total across multiple strategies
TNB Ventures, Aura Group close $23m VC fund
Singapore’s TNB Ventures and Australia’s Aura Group have jointly closed a S$31.1 million ($27 million) venture capital fund that will invest in data-driven B2B companies across Southeast Asia.
CDC backs Asia PE, VC funds
UK-based development finance institution (DFI) CDC Group has made commitments to several private equity and venture capital funds based in Asia as part of its global investment strategy.
Singapore's Jungle increases target for Fund III
Singapore-based Jungle Ventures has raised the target for its third Southeast Asia-focused VC fund from $150 million to $200 million.
China’s Gaorong closes fourth US dollar fund at $500m
Chinese venture capital firm Gaorong Capital has raised $500 million for its fourth US dollar-denominated fund. The majority of commitments came from existing LPs, with two endowments coming in as new investors.
Cocoon launches $20m Southeast Asia VC fund
Singapore-based VC investor Cocoon Capital has launched its second early-stage fund with a target of $20 million.
Japan's NTT launches $500m global VC fund
Japanese telecommunications giant NTT Corporation has set up $500 million global venture capital fund that will focus on digital technologies.
Family offices: Character actors
Family offices are driven by personalities and ideals that cannot be understood as part of an industry pattern. Relationship building is therefore more intimate than transactional
500 Startups closes Vietnam fund at $14m
500 Startups has closed its Vietnam-focused early-stage VC fund at $14 million, beating a target of $10 million.
China's ICBC sets up $200m India venture fund
Industrial & Commercial Bank of China (ICBC) has launched a $200 million fund to invest in Indian start-ups and micro, small, and medium-sized enterprises (MSMEs).
SparkLabs launches $10m Taiwan fund, recruits NBA star
SparkLabs Group, a pan-Asian network of accelerators and global venture funds, has launched a $10 million fund in Taiwan and appointed NBA star Jeremy Lin (pictured) as an advisor.
India PE outlook: Momentary frights
Investors see potential in India as valuation concerns ease, but exits and the macro picture present challenges in the short term
China's H Capital targets $700m for fifth fund
China-focused venture capital firm H Capital, founded by former Tiger Global managing partner Xiaohong Chen, is targeting $700 million for its fifth vehicle, according to a regulatory filing.
