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Capria Ventures raises $100m so far for tech-focused venture fund

AsiaTechDaily

Register Capria Ventures , a venture capital firm specializing in investments in the Global South , has announced the first close of its $100 million fund, which will focus on investing in 20 to 25 tech startups in key entrepreneurial hotspots across India, Southeast Asia, Latin America, the Middle East, and Africa.

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East Ventures and SV Investment Inject $100m Fund to Supercharge Tech Startups in Southeast Asia

AsiaTechDaily

Register Indonesia-based venture capital firm East Ventures and Seoul-based venture capital firm SV Investment have joined forces to establish a new fund targeted at $100 million. Roderick Purwana, Managing Partner of East Ventures, expressed his satisfaction with the SV Investment partnership.

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Continued investment needed for economic growth

Innovation 2 Enterprise

In today’s world, a state’s economic growth demands investment in innovation and high-tech industries — especially for a natural resource-rich state like ours that must leverage our existing resource base to diversify our economy for the future. It is the venture capital “circle of life.”. By Scott Meacham.

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expanding equity in STEM innovation: showcasing female founders of color

Venture Well

Innovation and entrepreneurship are fundamental drivers of economic growth. Studies show that diversity is key to sparking innovation and developing holistic solutions in early-stage ventures, The post expanding equity in STEM innovation: showcasing female founders of color appeared first on VentureWell.

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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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Nigerian data and intelligence company Stears raises $3.3M, backed by Mac VC and Serena Ventures

TechCrunch

million seed round led by MaC Venture Capital. Serena Ventures, Omidyar Group’s Luminate Fund, Melo 7 Tech Partners and Cascador (Empowering Economic Growth Foundation) participated. Five years on, this startup, Stears , is announcing a $3.3 This news is coming two years after Stears raised $650,000 in pre-seed funding.

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Riot Games and Konvoy Ventures back games publisher Carry1st in $6M Series A

TechCrunch

For a continent that is home to more than 1 billion millennials and Gen Zers, mobile gaming has never really picked up, despite the continent witnessing rapid economic growth and smartphone adoption. Two issues have proved detrimental to this growth: distribution and payments. VC firm Konvoy Ventures led the Series A round.