Venture Capital

Golden Gate Ventures’ third fund sees LPs like existing backers: Hanwha, Naver, and EE Capital, as well as new ones like Taizo Son’s Mistletoe, Mitsui Fudosan, IDO Investments, CTBC Group, Korea

And the reason GREE Ventures and Innovation Factory launched SKALA, an accelerator programme in Indonesia.

She also commented on MeiTuan’s CEO Wang Xing.

Grab wants its current fundraising round go up to US$3 billion.

The three-month programme helps startups grow and scale, make data-driven decisions, raise money, and more.

Qualgro’s second fund will focus on Series B investments in Southeast Asia and Australia.

Its portfolio of 19 companies include Indonesian on demand services company Go-Jek and Indian chapati machine maker Rotimatic.

China’s JD.com is teaming up with Sequoia China to raise up to RMB40 billion (US$5.81 billion) for a state-owned fund that invests in China’s long-term and strategic tech areas.