Venture
China's Decheng targets $450m for third fund
Chinese healthcare and life sciences-focused GP Decheng Capital is targeting $450 million for its third US dollar-denominated fund.
NSI goes independent, rebrands as Openspace Ventures
NSI Ventures, a Southeast Asian early-stage investor affiliated to Northstar Group, is to become fully independent and rebrand itself as Openspace Ventures.
Sinovation confirms Fund IV close at $500m
Chinese VC firm Sinovation Ventures has confirmed a final close for its fourth fund at the targeted corpus of $500 million.
Fund focus: Qiming sees growing opportunity set
Qiming has chosen to stick to its successful formula with its sixth US dollar-denominated vehicle, which recently closed at $935 million
Singapore accelerators: Corporate orientation
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
Ron Cao's Sky9 raises $200m for China VC fund
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.
Shenzhen government launches $79m blockchain fund
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's RE Lee Capital launches alternatives program
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.
China-Indonesia VC: Biding their time
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
Q&A: 500 Startups' Khailee Ng
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
BBVA backs China Sinovation Ventures’ fourth fund
Spanish bank BBVA has committed $50 million to Chinese VC firm Sinovation Ventures’ latest US-dollar denominated fund.
Sequoia seeks up to $3.1b for China, India
Sequoia Capital plans to raise up to $3.1 billion for deployment in China and India across seed, venture and growth strategies.
China’s Qiming raises $1.39b across three VC funds
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.
VIDEO: Vertex Holdings' Kee Lock Chua
Kee Lock Chua, CEO of Temasek-owned Vertex Holdings, discusses venture capital trends in Asia
Eight Roads India adds Goldman's Bhatia as partner
Eight Roads Ventures, the proprietary investment arm of Fidelity International, has added Shweta Bhatia, formerly of Goldman Sachs, as a partner in its India office.
Panasonic invests $100m in US-Japan VC fund
Panasonic has committed $100 million as the sole LP in a fund managed by US-based Conductive Ventures that will focus on helping technology start-ups access Japanese markets.
Japan's KDDI, Global Brain launch third VC fund
Japan’s KDDI Corporation and Global Brain have established their third VC fund with a view to investing JPY20 billion ($187 million) over the next five years.
Saama closes fourth India VC fund at $100m
Saama Capital has closed its fourth India VC fund at the hard cap of $100 million, just over a year after closing its third vehicle at $57 million.
Australia’s Blackbird raises $173m for third fund
Australian venture capital firm Blackbird Ventures has reached a first close of A$225 million ($173 million) on its third fund - including a commitment from Future Fund, the country's sovereign wealth fund.
CDPQ to invest in India's Fundamentum
Caisse de dépôt et placement du Québec (CDPQ) will commit $20 million in a fund managed by India-focused VC firm The Fundamentum Partnership.
Impact investment: A new breed
Global GPs have the potential to draw fresh sources of capital to Asia's impact investment funds
Fund focus: CIC fund sees upside in trade chaos
A China-Europe cross-border VC fund backed by CIC plans to back technology companies positioned to benefit from new trade dynamics
Hitachi backs Japan-US cross-border GP
Hitachi has agreed to invest an undisclosed sum in a Japan-US cross-border venture capital fund managed by Geodesic Capital that will focus on social problem solving through technology.
Sinar Mas, East Ventures, Yahoo Japan form SE Asia fund
Indonesian conglomerate Sinar Mas Group, Singapore’s East Ventures and Yahoo Japan have teamed up to launch a $150 million venture capital fund targeting technology-enabled companies in Southeast Asia.