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Ho Chi Minh City Sets up $20 Million Venture Capital Fund to Support Startups
Priority investment areas include digital technologies such as artificial intelligence, big data and blockchain, semiconductor manufacturing, biotechnology, new materials, renewable energy, automation and robotics.
- Categories
- Investing
- Region
- South Asia
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South Africa: Hlayisani Capital Secures Over $30 Million for New Fund
Hlayisani Capital manages over R1 billion (about $62 million) across three funds and focuses on backing high-growth, technology-enabled businesses with strong South African roots.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Peak XV Raises $1.3 Billion, Doubles Down on AI as Global VC Rivalry in India Heats Up
The capital will be deployed across its India seed and venture funds as well as its APAC vehicle.
- Categories
- Technology
- Region
- Asia Pacific
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Nearly 40% of African Startup Funding Now Comes From Local Investors
The rise of local fund managers can be traced to support from development finance institutions such as the International Finance Corporation (IFC) through its Catalyst program, as well as British International Investment, Proparco, and AfricaGrow, which backed African VCs as global investors retreated from the continent.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Africa-Focused Seed Investor Chui Ventures Closes 1st Fund at $17.3. Million, Launches New $60 Million Vehicle
Chui Ventures is an investment company that backs exceptional African startups at the early stage of their growth.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Analysis: Big Bets and Broken Unicorns: Tiger Global’s Rise and Reckoning
The fast-money pandemic era helped build billion-dollar startups around the world — then brought many down just as quickly. Will the AI boom be a repeat?
- Categories
- Investing
- Region
- Global
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Five35 Ventures Secures Anchor Investment from Mastercard Foundation Africa Growth Fund
The MEDA-backed anchor capital is expected to bolster Five35’s capacity to deepen its reach across East, West and Southern Africa, support more female entrepreneurs, and bridge critical financing gaps between pre-seed and scale stages.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Public Good vs. Profitable Exits: Why Public Innovation Agencies Must Stop Copying Venture Capital
A new class of venture capitalist is emerging, but they aren’t Wall Street financiers or Silicon Valley tech bros. As Emre Eren Korkmaz at the University of Oxford argues, they are public innovation agencies that are shifting their funding approach: Instead of supporting high-risk research and innovations aimed at delivering societal benefit, they have begun to adopt the logic of venture capital, favoring commercially viable projects that are more likely to secure follow-on private funding. He explores the downsides to this shift, arguing that the world needs these institutions to do what private capital cannot or will not: supporting innovation for the public good, not just for profitable exits.
- Categories
- Investing, Social Enterprise, Technology
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