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NSW’s MVP Ventures Program and IGP Grants Open for Application

AsiaTechDaily

Register Applications are now open for the 2023/24 MVP Ventures Program , a state initiative in New South Wales (NSW) designed to provide grants to early-stage startups and small to medium enterprises (SMEs) driving the commercialization of innovative products or processes.

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Best Buy investing millions in Brown Venture Group, a firm exclusively backing BIPOC founders

TechCrunch

As part of the retail giant’s self-proclaimed mission to better address underrepresentation and technology inequities, the company announced today that it is investing up to $10 million in Brown Venture Group. billion with BIPOC and diverse businesses by 2025. Black and Latin communities were the recipients of just 2.6%

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Allocate banks $5M to open up venture capital fund access

TechCrunch

The world of venture capital investing is a relatively small one, and relationship-based to boot. The company, founded by Samir Kaji and Hana Yang in February 2021, is developing an approach to venture capital fund investing that provides a way for investors of any size to participate. Enter Allocate.

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PH venture investor Kickstart Ventures commits to expand investments globally

AsiaTechDaily

Register Kickstart Ventures , one of the most active venture capital firms in the Philippines, celebrates its 10th anniversary with a renewed commitment to invest in startups across the Philippines, and in major innovation hubs in Southeast Asia and beyond.

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4DX Ventures and Flutterwave back Francophone Africa’s CinetPay in $2.4M round

TechCrunch

Pan-African venture capital fund 4DX Ventures and unicorn Flutterwave are the investors in the round, and it signifies two particular markers for the pair. ” CinetPay said the seed investment gives it the opportunity to boost its sales and marketing efforts across the markets in West and Central Africa.

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ByteDance Co-Founder Resurfaces with New Venture in Hong Kong After Two-Year Absence

AsiaTechDaily

The fund, known as Cool River Venture, will primarily focus on investing in technology-related industries. Zhang’s new venture emerges as Hong Kong aims to attract affluent individuals following a period of population decline and isolation caused by the Covid pandemic.

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Batteries have become VC and PE’s most electric investment opportunity

TechCrunch

Venture capital firms aren’t unusual in the battery world. Batteries are normally considered a high-risk, high-reward investment; the sort of thing that venture capital is made for. There are myriad reasons why both venture capital and growth equity are diving into batteries. So what changed? Let’s dig in. The macro changes.

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