The Singaporean-state owned venture firm is targeting $770m for its latest fund and has secured $50m from NEC Capital Solutions and $20m from Aozora Bank.

Leasing services provider NEC Capital Solutions will provide $50m for a $770m fund being raised by Vertex Ventures, the venture capital arm of Singaporean government-owned investment firm Temasek. The corporate, which is owned by IT services firm NEC and leasing services provider Sumitomo Mitsui Finance & Leasing Company, will supply the cash through subsidiary Risa…

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