Venture Capital
Hang Seng Bank launches $4.22B SME Power Up Fund
Hong Kong-based Hang Seng Bank has on Tuesday unveiled the HKD 33 Billion ($4.22 billion) SME Power Up Fund, a strategic initiative to support the growth, cross-boundary development, and sustainable progression of Hong Kong's small and medium-sized enterprises (SMEs).
Golden Gate Ventures promotes Angela Toy to COO in strategic international expansion move
Golden Gate Ventures, a Singapore-based venture capital fund, has on Wednesday announced the appointment of Partner Angela Toy as its Chief Operating Officer (COO). This newly created position reflects Golden Gate Ventures' commitment to robust expansion and strategic leadership in startup ecosystems.
DNX Ventures raises $243M for two new Japan funds
DNX Ventures, a Japan and U.S.-based venture capital firm, has announced the final close of two new Japan funds, raising a total of approximately 36.5 billion yen (U.S. $243 million).
Securities Commission Malaysia to launch 5-year MSME Roadmap to increase MSMEs capital market access
The Securities Commission Malaysia (SC) said Monday it will soon launch a five-year micro, small and medium enterprises (MSME) Roadmap, which aims to provide increased access to the capital market for MSMEs.
B Capital closes Opportunities Fund II at $750M
B Capital, a global multi-stage investment firm, has on Tuesday announced the close of B Capital Opportunities Fund II, L.P. (Opportunities Fund II) with aggregate capital commitments of $750 million, nearly doubling the size of its predecessor B Capital Opportunities Fund I.
Kaya Founders raises $18M in second close to support more Filipino entrepreneurs
Philippines-based venture capital firm Kaya Founders is targeting PHP1.4 billion ($25 million) across two new funds to invest in early-stage start-ups in the Philippines and Southeast Asia.
Malaysia’s TalentCorp allocates $6.36M for internship matching grant for SMEs and start-ups
Talent Corporation Malaysia Berhad (TalentCorp), an agency mandated by Malaysian government to drive Malaysia’s talent strategy, has allocated MYR 30 million ($6.36 million) for internship matching grant for Malaysian small and medium-sized enterprises (SMEs) and start-ups.
Penjana Kapital and Proficeo’s Soonicorn Collective selects 18 pioneer members in Malaysia
Proficeo Consultants Sdn Bhd (Proficeo) in partnership with Penjana Kapital Sdn Bhd (Penjana), has on Monday announced the selection of the pioneer group of 18 Founders for the Soonicorn Collective.
EPF commits $53M to catalyzes Malaysian mid-to-growth stage firms
Malaysian pension fund Employees Provident Fund (EPF) has on Monday announced a commitment of up to MYR 250 million ($53 million) aimed at catalyzing mid-to-growth stage companies in Malaysia through its partnership with Gobi Partners, a pan-Asian venture capital firm with an extensive investing track record.
Malaysia’s MYStartup selects 26 startups for pre-accelerator cohort 3 program
Malaysian government held MYStartup, in partnership with startup accelerator Growth Charger, has selected 26 high potential startups for the MYStartup Pre-Accelerator Cohort 3 Program.
