Hong Kong's Betatron Venture Group secures first close of $50m fourth fund

Betatron managing partner and CEO Matthias Knobloch (left) and managing partner Arshad Chowdhury.

Hong Kong- and Singapore-based Betatron Venture Group has secured a $15 million first close of its fourth fund, BVG IV, the venture capital firm announced on Wednesday. The fund will invest in asset-light, B2B tech companies across Asia (excluding mainland China).

Betatron targets to raise $50 million for the vehicle to digitise Asia’s largest industries, including logistics, healthcare, commerce, and construction.

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