Venture
New Zealand's Movac reaches $74.5m first close on tech fund
New Zealand venture capital firm Movac has achieved a first close on its fourth technology-focused fund with NZ$105 million ($74.5 million) in commitments.
Singapore to ease regulations on start-ups as part of fintech push
Singapore is promising to provide venture capital firms with streamlined approval processes and tailored incentives as part of efforts to develop the fundraising landscape for local start-ups.
Japan's Future Venture Capital expands into US
Tokyo-listed VC firm Future Venture Capital (FVC) has entered the US market, establishing a presence in Fort Collins, Colorado.
IFC proposes backing Jungle's SE Asia seed fund
The International Financial Corporation (IFC), the investment arm of the World Bank, has proposed a $2 million investment in Jungle Ventures' Southeast Asia-focused seed fund.
Singapore's Jubilee Capital in $30m first close on tech fund
Jubilee Capital, a newly formed venture investment firm based in Singapore, has reached a first close of $30 million on an early-stage technology fund targeting $100 million.
Fund focus: Blume gets early-stage boost
Blume Ventures plans a narrower approach with its second technology-focused fund
Indonesia's Convergence Ventures closes $30m tech fund
Convergence Ventures, an early-stage VC firm based in Indonesia, has reached a final close of $30 million on its debut fund.
Blockchain: Ethereal frontiers
As blockchain segments mature in Asia, private equity and venture capital investors will benefit from a range of new entry points. Pitfalls related to the technology’s obscure nature, however, will persist
Australia's Future Fund emphasizes VC, growth equity
Private equity – and in particular venture capital and growth equity – is “more important now than it has ever been” to Future Fund’s overall portfolio, the Australian sovereign wealth fund said in its annual report.
BlueRun closes $500m China early-stage VC fund
BlueRun Ventures has closed its latest China-focused fund - comprising US dollar and renminbi-denominated tranches - with more than $500 million in aggregate commitments.
Blume Ventures closes second India fund at $60m
Blume Ventures has reached a final close of $60 million on its second India early-stage fund.
Chinese entrepreneurs: Under pressure
The health tolls of the entrepreneurial lifestyle and its effect on founders' lives and performance are an increasing source of concern for China's VC investors
Redpoint closes debut China VC fund
Redpoint Ventures, a US early-stage venture firm, has closed its debut China VC fund at $180 million.
China’s Baidu launches $3b technology fund
Chinese search giant Baidu has established a RMB20 billion ($3 billion) investment fund, called Baidu Capital, to target mid- and late-stage deals in the internet industry.
Profile: Saama Capital's Ash Lilani
Ash Lilani of Saama Capital has seen India’s VC community develop from pure growth deals to support a population of true entrepreneurs. Now he hopes to help the country keep building on its strengths
India's Ventureast reaches $83m first close on tech fund
Indian venture capital firm Ventureast Fund Advisors has reached a first close of $83 million on its latest technology-focused fund.
Genuine Startups, Ideo launch Japanese VC fund
Japan’s Genuine Startups and US design company Ideo have launched a Tokyo-based venture capital unit that will invest in domestic early-stage companies with plans for international expansion.
500 Startups launches $50 million Southeast Asia fund
US-based accelerator 500 Startups has launched its second seed fund focused on Southeast Asia, with a targeted corpus of $50 million.
Japan's INCJ invests $102.6m in domestic VC funds
Innovation Network Corporation of Japan (INCJ) has committed up to JPY10.4 billion ($102.6 million) to funds managed by domestic VC firms MedVenture Partners and Universal Materials Incubator.
Huasheng leads round for China education site Zmlearn
Huasheng Capital, a private equity firm established by financial advisor China Renaissance, has led a Series C round of funding for Zmlearn.com, a Chinese K-12 online learning and teaching platform.
India's YourNest launches $45m early stage fund
Indian venture capital firm YourNest has launched its second fund for early-stage investments with a target size of INR3 billion ($45.1 million).
Jafco in $408m first close for new flagship fund
Japan’s Jafco has achieved a first close on its fifth global venture capital and buyout fund with JPY41 billion ($408 million) in commitments.
Sino-US bio-pharma firm raises $55m Series C
MicuRx Pharmaceuticals, a Sino-US bio-pharmaceutical company, has raised a $55 million Series C round of funding led by Shanghai-based GP Healthcare Capital.
China’s Neusoft partners with Israeli PE firm for $250m medtech fund
Infinity Group, a China-Israel cross-border private equity firm, has partnered with Chinese IT services provider Neusoft Corporation to launch a $250 million medical technology fund.