Cosco Shipping provided $800m for Cofco subsidiary Cofco Fortune while Avary Holding invested $136m in Interconnected Semiconductor Technology.

A man and a woman holding a test tube


Imbiba, a UK-based venture capital firm targeting lifestyle and entertainment investments, reached the £70m ($86m) first close of a £90m fund with backing from limited partners including Asahi UK, part of beverage producer Asahi Group. British Business Bank’s Enterprise Capital Funds scheme also contributed to the close.

India-based VC firm Z3Partners has raised roughly $67m for the final close…

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Edison Fu

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