Venture Capital

Mandiri Capital Indonesia partners Investible to launch new global climate tech fund

Indonesian financial institution Bank Mandiri corporate venture capital subsidiary Mandiri Capital Indonesia (MCI) and Sydney and Singapore-based early stage venture capital firm Investible have teamed up to launch new global climate tech fund.

US’s Chemonics invests $5M in Philippine venture builder Talino Venture Studios

United States consulting firm Chemonics International announced Monday that it has invested $5 million in Philippine venture builder Talino Venture Studios. Supported by the investment, the two firms will work together to build groundbreaking, impact-driven, scalable technology solutions for individuals and communities in emerging markets and beyond.

Indian venture capital firm Java Capital announces final close of fund at $6M

Java Capital, an India-based deep tech venture capital fund, has on Tuesday announced the final close of INR 50 crore ($6 million) fund. The fund has seen participation from established founders from the Indian startup ecosystem, high net worth individuals (HNIs) based in India, Middle East and the United States.

Korea Investment Partners Southeast Asia closes $60M flagship Southeast Asia VC fund

Korea Investment Partners Southeast Asia Pte. Ltd. (KIPSEA), the Singapore-based team of Korea Investment Partners (KIP) has successfully closed $60 million for its first flagship Southeast Asia venture capital fund.

Thailand’s NIA and Maejo University showcase ten AgBioTech-powered startups at AgBioTech Incubation 2023 Demo Day

Thailand public organization National Innovation Agency (NIA) and Maejo University have showcased ten AgBioTech-powered startups that are poised to revolutionize agriculture at AgBioTech Incubation 2023 Demo Day. The ten startup teams participating in the AgBioTech Incubation 2023 program constitute a diverse and dynamic cohort that are poised to catalyze…

917Ventures creates MSME ecosystem to address digitalization woes

917Ventures, a venture builder in the Philippines, has established six startups dedicated to supporting micro, small, and medium enterprises (MSMEs) in their digital transformation efforts, from securing funding and upskilling to expanding their customer reach.

Peak XV’s Surge unveils ninth cohort

Peak XV’s rapid scale-up program Surge has on Monday launched its ninth cohort of early-stage startups featuring 32 inspiring founders across 13 startups. Surge’s curated community of startups now includes nine cohorts, 330+ founders and 140+ startups across 16+ sectors in less than five years.

Kazakhstan Science Fund partners Quest Ventures to boost startup ecosystem

The Science Fund, a Kazakhstan national institute for scientific and technological development, has on Monda announced that it has signed an agreement with Singapore-based venture capital firm Quest Ventures to bolster the vibrant emerging startup and innovation ecosystem in the country.

Japan’s Beyond Next Ventures achieves first close of its deeptech fund at over $67.17M

Japan-based venture capital firm Beyond Next Ventures, Inc. said Wednesday that it has achieved first close of its deeptech fund at over $67.17 million. The firm said it will continue its fund-raising activities in order to realize its final target size of JPY 20-25 billion ($134.34 million to $167.93 million).

Jungle Ventures launches program to support early-stage startups

Singapore-based venture capital firm Jungle Ventures is launching First Cheque@Jungle, a bespoke program for partnering with seasoned operators at idea, pre-seed and seed stages.