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Page 2

Gojek Xcelerate goes for finalists
The on-demand ride provider has picked three social impact-focused groups from its accelerator’s four cohorts, having named its latest batch last month.
Hyundai Mobis mobilises $20m for VC funds
ACVC Partners and Motus Ventures have received commitments from the car components manufacturer that jointly total $20m.
Novo to open Asian investment activities
Amit Kakar will supervise a Singapore office that will spearhead the pharmaceutical company's corporate venturing investments across Asia.
Seeds Capital seeks corporates for $36m voyage
Innoport, PSA Unboxed and KSL Maritime Ventures are among the partners in a government-backed scheme to boost maritime technology in Singapore.
B Capital captures $820m for second fund
The venture firm, which is partners with Boston Consulting Group, said it now has in excess of $1.4bn of assets under management.
Scotts Miracle-Gro plants $50m fund
1868 Ventures will fund agriculture, lawncare and sustainable packaging technology developers, providing up to $2.5m for a first investment.
Howa Bank and FVC hatch fund partnership
The banking firm joined Future Venture Capital for a $2.8m joint investment venture to back startups based in Japan’s Oita prefecture.
CAA links to NEA for Connect Ventures
CAA and New Enterprise Associates have reportedly provided an initial $100m for Connect Ventures that could be upscaled to $400m.
Qualcomm and BNDES cue up IoT fund manager
Indicator Capital will oversee the $39m internet-of-things fund co-founded by Qualcomm Ventures and the Brazilian government in January.
BioGeneration Ventures bags $119m fourth fund
Existing backer Bristol Myers Squibb returned to commit to healthcare venture firm BioGeneration Ventures' oversubscribed BGV IV vehicle.

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