Another HK whiz kid emerges in UK
A boy from Hong Kong has been accepted to Mensa after posting the same IQ score as Albert Einstein and Stephen Hawking. Cyrus Leung, 12, wh...
Source: thestandard.com.hk
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AC Ventures closes $210m for Fund V and co-investment vehicles
Indonesia-focused venture capital firm AC Ventures has closed $210 million for its Fund V and other co-investment vehicles.
Source: dealstreetasia.com
AC Ventures closes its new $210M Indonesia-focused fund
In the middle of a long funding winter, AC Ventures’ latest news will give Southeast Asian startups hope. The Jakarta, Indonesia–based venture firm announced today it has raised $210 million, finishing the final close on its fifth fund, called ACV Fund V. Limited partners include the World’s Bank’s IFC and investors from the United States, the Middle East and North Asia. AC Ventures has already started investing from Fund V in startups like Indonesian electric vehicle maker MAKA Motors and sustainable farming startup Koltiva.
Source: yahoo.com
Deals in brief: AC Ventures raises USD 210 million at final close of fifth fund, Sony scraps merger with India's Zee, nine China deals, and more
Bringing you the latest news briefs on fundraising activities in the Asia Pacific.
Source: kr-asia.com
Bank of East Asia targets wealth management and fintech in Greater Bay Area from newly opened Qianhai tower
The 18-storey BEA Tower, built at a cost of US$196 million, houses the bank’s Qianhai branch, innovation centre and data lab. The 105-year-old lender is targeting wealth management and fintech in the bay area.
Source: scmp.com