Its reputation of political neutrality — and strength in life sciences — is making Singapore a favoured launchpad for western investors and Chinese startups.

The launch of the fund follows increased VC money flowing into the sports and entertainment sectors.

Following the removal of a major regulatory obstacle to hydrogen production China is looking to ramp up production of this clean fuel source dramatically. These startups will help the transition take place.

The Ki Tua Fund brings on Ma from French VC Capagro to head European investments.

After three years at the Ki Tua Fund, Grieve will be looking for new opportunities.

LY Corporation, the company formed when Yahoo Japan merged with Line, will explore deep tech with CVC subsidiary Z Venture Capital's second fund.

From Northvolt’s staggering $14bn failure to crypto crashes and biotech struggles, 2024 has been a brutal year for corporate-backed startups facing financial, operational, and market pressures.

Large life sciences deals and corporate investors buying the companies in their own portfolio have been key to an improving exit market.

Bosch has returned to anchor the $206m second fund for its Chinese corporate VC arm, following a $155m debut fund three years ago.

Amazon has increased the size of its Smbhav Venture Fund to $350m and will invest in companies digitising the production of goods.