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East Ventures announces new $30M fund to continue investing in Indonesia
This new $30 million fund is the firm’s sixth to date in Southeast Asia, and remarkably its second in 2017 alone. A $27.5 million fund announced in January was fully deployed in less than a year as outside interest in Southeast Asia blew up in 2017, with Indonesia the focal point for investors like Chinese web giants Alibaba and Tencent. Today marks the first close of the new fund.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- venture capital
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Chilean startup ComparaOnline raises $14 million for its financial education tools for Latin America
The company, now backed by private equity firm Bamboo Capital Partners and the International Finance Corp., the investment arm of the World Bank Group, pitches financial educational tools to consumers in Brazil, Chile, and Colombia.
- Region
- Latin America
- Tags
- fintech, venture capital
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Dao Ventures Launches 2017 US-China Impact Venture Contest
Dao Ventures, a US-China impact investing consortium, has launched its 3rd annual US-China Entrepreneurship Competition that is considered the only impact-oriented venture contest across the Pacific. Dozens of U.S. and international impact ventures have received support from Dao Ventures over the past years via the Competition.
- Categories
- Investing
- Region
- Asia Pacific
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The Alchemist owner Palatine closes its largest ever impact investment fund at $132M
UK-focused private equity firm Palatine, which owns bar and restaurant chain The Alchemist, has closed one of the largest ever impact investment funds at a total of $1.3M.
- Categories
- Investing
- Region
- Europe & Eurasia
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Entrepreneurship and Millennials Are Thriving in Emerging Markets
Plenty of ink has been spilled on the root causes behind this troubling phenomenon, from high student debt to the rising costs of healthcare. Yet there is one part of the world where entrepreneurship is alive and well: emerging markets.
- Categories
- Uncategorized
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Blockchain company ConsenSys launches $50m venture capital arm to tackle global challenges
ConsenSys is the brainchild of its founder, Joseph Lubin, who also was a co-founder of Ethereum, a blockchain technology. ConsenSys develops applications and tools based on Ethereum and is a founding member of the Enterprise Ethereum Alliance.
- Categories
- Technology
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OPINION: African Tech Startups Need Changes In Venture Capital To Embolden Them
Silicon Valley remains the global hub for the tech revolution. But it is finding friendly competition in tech hubs across the African continent.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- venture capital
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Identifying the most promising ventures, the Village Capital way
Rather than getting entrepreneurs to make a pitch before it for funding and then going through an elaborate due diligence process, Village Capital finds these entrepreneurs and trains them before investing in their ventures. It runs an accelerator programme for 10-12 entrepreneurs and uses a peer-selection method to decide the ventures it will invest seed capital in.
- Categories
- Investing
- Region
- South Asia
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