Senior Writer, Venture Capital & Unicorns
Gobi Partners re-invests in UK augmented reality startup, WaveOptics while Spiking sells out its first tranche of initial token offering in the first three hours.
The venture capital firm is seeking to raise between $30 million and $50 million for the Southeast Asia and India fund.
ViAqua plans to use the funds to perform research and development, and optimise its final product before bringing it to market.
Singapore-based venture capital firm, TNB Aura has secured the final close of its first $22.7 million (S$31.1 million) venture fund targeting Southeast Asia.
According to an official statement, the oversubscribed fund was backed by institutional investors, regional corporations, family offices and high net worth individuals. TNB Aura was initially targeting a hard close of $22.5 million (S$30 million).
Indonesian printing startup Prinzio is backed by East Ventures and was founded by Riky Tenggara, a former Lazada and Rocket Internet executive, in 2016
ICT Fund II will issue average check sizes of $10 million and invest in 12-14 enterprise technology firms across Southeast Asia.
The VC firm had last raised a $100-million second fund in 2016.
According to an official statement, the funds will be used for product development and market expansion into Australia and Hong Kong.
By 2019, AUM Biosciences will build a pipeline of three small molecule oncology assets designed to treat a broad range of Asia-prevalent tumour types.
OYO had earlier said it got commitments for $1 billion from its investors including SoftBank.