Asia Dealbook: Corporate venture funds launched in Russia; MimosaTEK wins Seedstars World contest


Funding activities are getting exciting across the Asia region. From the beginning of this year, at least six corporate venture capital funds have been reported to be founded or operated in Russia, with the support given to both Russian and regional startups. Meanwhile, Seedstars World, a global startup competition organiser, has picked Vietnamese agriculture technology startup MimosaTEK as the finalist from the country to attend the worldwide competition in Switzerland in 2017, poised to the opportunity of getting $1 million funding.