Clothing manufacturers Nodo and F&F are among the limited partners for a fund with a $50m ceiling, while Line Ventures is also expected to invest.
China-based venture capital firm Access Ventures has raised $20m from limited partners including corporates F&F and Nodo for a fund with a $50m target, partner Charles Rim told DealStreetAsia yesterday.
Clothing producers F&F and Nodo contributed through their corporate venturing funds, alongside various Singaporean family offices and assorted angel investors.
Line Ventures, the corporate venture capital arm of messaging app developer Line, and financial services firm Manahusa Capital are set to also commit capital having already backed the first Access…
