Netherlands-based investment firm Orient Growth Ventures has successfully closed its second fund, Orient Growth Fund II, amassing $90 million in commitments. This fund is a major increase from its inaugural $25-million fund raised in 2020. The firm has shown an escalating focus on backing early-stage venture capital managers across Southeast Asia and India. With Orient […]

Japanese financial giant SBI Holdings is set to unveil a $663 million fund dedicated to supporting startups engaged in Web3, AI, and the Metaverse. The fund’s operations are scheduled to commence by the close of the current year, with investments reaching 150-200 companies within its portfolio. Each investment within the fund is anticipated to span […]

MUFG, also known as Mitsubishi UFJ Financial Group, and its subsidiary Mitsubishi UFJ Innovation Partners Co., Ltd. (MUIP) have jointly announced the establishment of the MUFG Innovation Partners No. 3 Investment Partnership, a fund with a capitalization of JPY 20 billion.  MUFG has been actively engaged in various initiatives to meet the financial needs of […]

KDDI Technology, a subsidiary of Japanese telecom operator KDDI Group, has launched a new challenge aimed at AI-embedded devices and services for consumers and businesses. With the rapid evolution of AI and devices, KDDI Technology seeks to continue providing value to customers by developing and providing innovative technologies such as IoT, AI, and XR. The […]