Accelerators & Incubators
Policy & Regulation
Qiming Venture Partners
Qiming Venture Partners hits final close of latest USD fund at $1.1b
Qiming said it distributed as much as $1 billion in cash return back to its LPs as of 2019.
Indonesian VCs Agaeti, Convergence merge to form AC Ventures
The merger between Agaeti and Convergence is one of Indonesia’s first major consolidations in the VC sector, which has seen a host of homegrown firms emerge in the past couple of years.
Singapore’s Xen Technologies hits over US$100M assets through its investment platform
Xen Technologues hits over US$100M through its investment platform.
Vickers Venture Partners
Singapore’s Vickers Venture Partners raises $200m for $500m Fund VI
Vickers Venture Partners, a Singapore-based venture capital (VC) firm, has raised $200 million for its $500 million sixth fund to invest in deep tech startups in Asia and globally.
Singapore VC firm Expara to invest in startups combating Covid-19
Interested startups may apply until April 30 this year.
SG state investor Temasek’s biggest shareholdings fall $23.5b in three months
Temasek Holdings Pte’s biggest equity shareholdings and those of its subsidiaries have plunged almost $24 billion since January as the spreading coronavirus sends markets into spasms.
Vision Plus Capital
Vision Plus Capital Raises Bulk of USD450 Million for New Fund in First Round
Vision Plus Capital said it has raised more than USD400 million for its third fund, securing most of the USD450 million overall target it set in just the first round of fundraising.
Mandiri Capital Indonesia
Bank Mandiri’s Mandiri Capital plans to invest up to US$5M in startups
The company plans to provide an initial investment of up to US$5 million for startups targeting especially the e-payments sector.
Northern Arc Investments
Northern Arc Investments announces the first closing of its India Impact Fund
With this fund, Northern Arc Capital targets to make 15-20 investments over the next 12-18 months, with deal sizes between $3-5 million.
Singapore-based Credence Partners has announced the launch of its first venture capital fund and has made the first close at US$50 million
The VC firm will invest in companies in fintech, deeptech, consumer, logistics & mobility, and tech-enabled businesses.
Quona Capital closes US$203M round to focus on fintech companies in emerging markets
Quona Capital targets fintech companies in Asia.
Strive hits final close of Asia-focused fund at over $100m
Launched in April 2019, the fund is being deployed into seed-stage opportunities in the business-to-business sector across Southeast Asia, India, and Japan.
Fashion tech-focused VC firm Lyra launches second fund
With the new fund, Lyra looks to focus on global opportunities, particularly in Southeast Asia, the US, Israel, and Europe.
Gojek-backer Openspace Ventures launches $200m third fund
Openspace Ventures typically invests in early-stage startups, primarily in Southeast Asia, at Series A and B stages.
Actis Takes Majority Stake In Lagos-based Rack Center To Start USD 250 Mn Pan-African Data Center Buying Spree
Actis, a leading investor in growth markets across Africa, Asia and Latin America, is in the process of establishing a USD 250 Mn pan-African data center platform.
Kickstart Ventures seeks potential Philippine unicorns with USD 200 million fund
The VC is looking to pour USD 2 million to USD 10 million into Series A to C global companies through the fund.
Malaysian startup investment firm NEXEA kickstarts programme for local startups
Through this, startups will explore pilot projects with different organisations, validate business and explore real-world product testing.
SparkLabs to pour USD 100,000 in IoT startups via new accelerator
SparkLabs has invested in over 280 companies across six continents to date.
Indonesia’s Telkom to launch new VC fund of up to $500m, says minister
MDI Ventures, the venture capital arm of Indonesia’s state-owned telecom firm Telkom Indonesia, is set to launch a new fund of up to $500 million
China’s CMC Capital exceeds target to raise over $950m for third USD fund
The latest fund will continue to invest in innovative growth companies with a China angle across sectors, including media and entertainment, technology and consumer
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