seed
IDG, Axilor launch India early-stage fund
IDG Ventures India has partnered with Axilor Ventures for a program that will discover and fund disruptive technology start-ups in the country.
IAG launches fintech incubator in Singapore
Insurance Australia Group (IAG) has agreed to establish a financial technology incubator in Singapore to focus on promoting start-ups targeting innovation in the insurance industry.
India's Endiya closes debut fund at $26m
Indian early-stage VC firm Endiya has reached a final close of INR1.75 billion ($25.7 million) on its debut fund.
500 Startups closes Thailand fund at $15.4m
500 Startups has reached a final close of $15.4 million on its Thailand-focused early-stage fund. It had originally targeted $10 million.
Fund focus: INSEAD alumni pay it forward
INSEADAlum Ventures, a seed-stage investor focused exclusively on INSEAD alumni, has raised its debut fund from a group of graduates keen to give back to the school where they got their start
East Ventures raises $27.5m for SE Asia fund
Singapore-based East Ventures has raised $27.5 million for a fund that will invest in early-stage technology companies in Southeast Asia.
Singapore business school INSEAD launches seed fund
INSEADAlum Ventures (IAV), the Singapore-based VC arm of international business school operator INSEAD, has launched a seed fund dedicated to its alumni and faculty networks across Europe and Asia.
SOS Ventures closes third global VC fund at $150m
Early-stage investor SOS Ventures – known for accelerator programs such as China-based HAX and Chinaccelerator – has closed its third global VC fund at $150 million.
Japan's Global Brain targets $174m for sixth fund
Japanese venture capital firm Global Brain has launched its sixth fund, targeting JPY20 billion ($174 million), which will be deployed in domestic technology companies.
Cocoon Capital launches in Singapore with $7m seed fund
William Klippgen, founder of Singapore’s InseadAlum Ventures, and Michael Blakey, director of UK-based Avonmore Developments have set up Cocoon Capital, a Singapore firm with a S$10 million ($7.1 million) debut seed fund targeting Southeast Asia and India....
Sydney Angels launches $15 million VC fund
Sydney Angels, a syndicate of high-net-worth individuals that invests in Australian start-ups, has launched its second fund with a view to raising up to A$20 million ($15 million).
Singapore's Leonie Hill Capital backs aerospace VC fund
Singapore’s Leonie Hill Capital is backing a $200 million venture fund for the aviation and aerospace industry alongside US-based Starburst Accelerator.
Vertex leads $5.5m round in Singapore's Spacemob
Vertex Ventures, the VC arm of Singapore's Temasek Holdings, has led a $5.5 million seed round for Singapore-based co-working space developer Spacemob.
Asia fintech hubs: Head start
Singapore's move to strengthen its financial technology ecosystem underlines the importance of creating appropriate infrastructure and incentives for start-ups in the space
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.
NZVIF, Enterprise Angels to invest $14m in NZ start-ups
The New Zealand Venture Investment Fund (NZVIF), a government-sponsored fund-of-funds, and domestic investor Enterprise Angels plan to commit about NZ$20 million ($14.3 million) to local start-ups over the next four years.
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.
India's Techcelx launches $15m tech fund
Indian technology investment firm and accelerator Techcelx has launched a INR1 billion ($15 million) venture fund targeting domestic companies in banking, education and healthcare.
China's CSC Group backs UK AI incubator
Chinese private equity firm CSC Group has invested in Founders Factory, a London-based accelerator and incubator, with a view to getting exposure to artificial intelligence (AI) technology start-ups.
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.
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).
Fund focus: AirTree rides innovation wave
Australian GP AirTree Ventures raises its latest fund to invest in tech start-ups across growth ranges
Linear Venture closes $70m China early-stage VC fund
Linear Venture, a Chinese early-stage VC firm founded by former Facebook and JD.com employees, has closed its second fund – which comprises US dollar and renminbi-denominated tranches – with approximately $70 million in aggregate commitments.