Abico Group, Gree, Mixi and Otto Group are all among the LPs that helped the venture firm close its fourth fund, which is set to back about 40 Asia-based internet, e-commerce and fintech startups.

Japan-based venture capital firm Headline Asia has closed its fourth vehicle at more than $100m featuring various corporate limited partners (LPs), DealStreetAsia reported today.

Diversified conglomerate Abico Group, digital media company Gree’s Strive fund (formerly Gree Ventures), social media platform operator Mixi and retail group Otto contributed to the fund, as did state-owned National Development Fund of Taiwan and private investor Kotaro Chiba.

Founded in 2009 as Infinity Ventures before rebranding as Headline Asia in May this year alongside fellow…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.