seed
Mumbai Angels to launch $20m sidecar fund
Mumbai Angels, an Indian investment firm focusing on early stage companies, is to launch a maiden sidecar fund of INR1 billion ($20 million) next month.
Mayfield backs Indian Incubator AngelPrime
Mayfield Fund will take a majority interest in AngelPrime, a Bangalore-based incubator. The investment will be used to support operations as well as seed capital for companies that AngelPrime plans to incubate over the next three years.
Jungle Ventures launches $10m 'super angel' fund
Jungle Ventures, a Singapore-based investment firm, has launched a new "super angel” fund, which has raised an initial $10 million to be invested in start-ups across Asia.
Start-up investment: Fallen angels
The scarcity of seed capital in most of Asia has left the region’s entrepreneurs crying out for angel investors. What’s stopping them from flooding in?
500 Startups hires India investment professional
500 Startups, the US-based incubator founded by serial entrepreneur Dave McClure, has hired Pankaj Jain to head up its India operations. He was previously consulting for TLabs in New Delhi, focusing on deal sourcing and running the start-up accelerator...
VenturEast hires ex-DFJ partner to run India seed fund
India-focused VC firm VenturEast has hired Sateesh Andra, formerly a partner at Draper Fisher Jurvestan, to head up its seed-stage technology fund. His remit is to create a Silicon Valley-like incubation ecosystem and help companies tap into global venture...
Tsinghua’s TEEC raises $1.4m for US-China angel fund
Tsinghua Entrepreneurs & Executive Club (TEEC), a group set up by VC-oriented alumni of China’s Tsinghua University, has raised $1.4 million for its second angel investment fund. The vehicle launched in June and has a final target of $8 million.
Blume Ventures invests in four Indian startups
Indian angel and seed fund Blume Ventures has invested in four startups. The transactions were completed during the first half of the year, according to the company’s quarterly report.
Freemont backs Indian eco-products start-up
Freemont Partners has invested in Natural Mantra, an Indian online start-up that sells eco-conscious products. The size of the transaction was not disclosed.
GE, VC firms to back Australasia cleantech start-ups
General Electric (GE) has teamed up with five venture capital firms in Australia and New Zealand on a $10 million fund that will support the development of clean technology. It is the company’s first ever local “ecoimagination” challenge and entries...
Australian tech entrepreneurs to create VC fund
A group of Australian technology entrepreneurs have joined forces to create a new venture capital fund, Blackbird Ventures.
Innovation Works raises $148m for fund II, yet to reach close
Innovation Works, the tech incubator started by Google’s former China head Kai-fu Lee, has so raised $148 million for its second fund. Lee confirmed to Sina that fundraising efforts began in April, but didn’t disclose the target size or details of...
INFUSE Ventures launches cleantech incubation program
Indian Fund for Sustainable Energy Ventures (INFUSE Ventures), an early-stage fund focused on sustainable energy and cleantech, has launched a program in the Indian Institute of Management Ahmedabad to foster start-ups that require seed capital.
Entrepreneurs launch Korea start-up accelerator
A group of South Korean serial entrepreneurs has launched a start-up accelerator intended to connect domestic companies with their global counterparts. Advisors and mentors to the program include US tech entrepreneur and Dallas Mavericks owner Mark Cuban...
US-China start-up incubator launches accelerator program
InnoSpring, Silicon Valley’s first US-China technology start-up incubator, has launched a six-month accelerator program targeting companies in mobile internet, cleantech and healthcare IT industries.
Singapore's Jungle Ventures invests in Mobikon
Jungle Ventures has led a $ 1.7 million round of investment in Mobikon Asia, a Singapore-India start-up that provides an integrated digital marketing platform to help hospitality and retail clients connect with consumers.
Matrix India sets up seed program
Matrix Partners India has established a new program to support entrepreneurs at the seed phase in the internet and mobile sectors across multiple stages of their businesses.
Singtel Innov8, Optus launch Australia start-ups program
SingTel Innov8, the venture capital arm of SingTel, has teamed up with Australian telco Optus to start a seed program to help Australian digital startups grow and expand into Asia.
Nanostart acquires 10% stake in Stella Specialty Chemicals
Nanostart Asia Pacific has acquired a 10% stake in Singapore-based Stella Specialty Chemicals and plans to increase its holding to around 23% by the beginning of next year. The investment was made through the Nanostart Singapore Early Stage Venture Fund...
Accel, Tiger-backed Freshdesk sets up $10m future fund
Indian technology product start-up Freshdesk, which is backed by international funds Tiger Global Management and Accel Partners, has announced phase one of its $10 million Freshdesk Future Fund, which will provide cloud-based support solutions to new...
InnoSpring launches US-China technology incubator
InnoSpring, Silicon Valley's first US-China technology incubator, began operations last week to support the expansion of US and Chinese start-ups beyond their home countries. The incubator also announced the establishment of its InnoSpring Seed Fund.
Japan's KDDI, Global Brain to launch $66m VC fund
KDDI Corporation, a Japanese telecommunications company, has teamed up with Brian Corporation to establish a $66 million fund that will invest in start-ups in the US, Japan and other Asia Pacific regions. The fund, which focuses on the mobile space, is...
Cinemacraft receives funding from 500 Startups
Asian interactive media platform provider Cinemacraft has secured funding from US-based business incubator 500 Startups.
Northern Light supports first Sino-US incubator
Northern Light Venture Capital has launched Silicon Valley’s first Sino-US incubator in conjunction with Tsinghua University Science Park, Shui On Group and Silicon Valley Bank. Known as InnoSpring, the incubator will target startups seeking to enter...