U.S.-Chinese Accelerator InnoSpring is Targeting $5 Million Fund
InnoSpring, a two-year-old accelerator founded in Silicon Valley to help U.S. and Chinese tech startups expand across borders, is raising a second fund, Venture Capital Dispatch has learned.
Singapore start-ups gain access to $120M more in funds
The technology start-up scene in Singapore received another boost yesterday as the National Research Foundation (NRF) announced that it will work with six venture capital (VC) funds to make available S$120 million for young local firms.
Russian QIWI announces $30M seed fund and accelerator
The owners of Russian payment service provider QIWI have launched a new $30 million seed fund and a startup accelerator. These two new ventures aim to address this problem, by providing support to entrepreneurs at an early stage in their projects. Romanenko will manage the new fund, Run Capital (not to be confused with Runa Capital, one of […]
Top Moscow Science Institute Launches Seed Fund
The Moscow Institute of Physics and Technology (MIPT), one of the country’s leading graduate science universities, has launched its own $30 million seed fund. The fund, called Phystech Ventures, is focussed on incubating and growing MIPT-related tech companies in the fintech, edutech, digital health, 3D-printing, efficient energy use and oil & gas technology sectors.
Singularity University to launch $50 million venture fund to tackle the world’s ‘grand challenges’
Forward-looking startups will have a chance at $50 million later this year when Singularity University, an education center and accelerator based at Mountain View’s NASA Ames Research Center, launches its first venture fund. The university will begin raising capital during the second quarter of 2014, according to managing director of new venture development Sandy Miller. The fund will […]
Venture Capital Fund Launches in Dubai Aimed at Middle East Start-Ups
A new early-stage venture capital fund has set up in Dubai, looking to invest up to $1 million in technology start-ups across the Middle East and North Africa. It joins a bevy of start-up accelerators launching in the technology space as both local and institutional investors eye a market of tech-savvy consumers where smartphone and […]
Kyoto University sets up $60 million fund for Asian start-up investment
Japan’s second largest university has set its second venture funds worth $60 million in the region and possibly across the country. Through the Kyoto University Venture Fund (KUVF), the university will fund business initiatives proposed by its faculty and alumni members or “relevant persons who have significant potential synergy with the University, into viable ventures.”
Palestine Gets Its First Seed Fund, To Work In Concert With Universities
The startup scene in Palestine has been slow to build over the past few years, led by initiatives like Bazinga and grassroots organization Peeks. This past year, however, support has flooded into both the West Bank and Gaza, with the start of Hi-Tech Hub, a tech talk series based on Amman Tech Tuesdays, the resurgence of Gaza’s first […]
Hong Kong Baptist University sends memo on new $1mm POC fund
The University is proactive in introducing new funding channels to facilitate knowledge transfer (KT) from academia to industry. The Matching Proof-of- Concept Fund (MPCF) is established to
India Sets Up $1B Innovation Fund
The Indian government has outlined a plan to set up Rs.5,000 crore (nearly $1 billion) fund to facilitate innovation and entrepreneurship, top official said Thursday. The government would initially contribute $20 million (Rs.100 crore) to the India Inclusive Innovation Fund. The remaining amount would come from scheduled banks, insurance companies, financial institutions, corporates, high net […]