Analysis: Q2 2019

Sector Analysis: Information Technology

RT Invest and RZD Technologies have put up 20% of the capital for a fund that will support wireless network devices and IoT technologies in transport and logistics.

WeWork Labs will launch new early-stage and growth-stage accelerator streams in Thailand focused on foodtech in partnership with Thai Union Group, National Innovation Agency and Mahidol University.

Two state-run initiatives targeting publicly-funded research have awarded $17.5m to programs including University of Auckland’s commercialisation arm, as New Zealand continues its bid to bring national R&D spend to 2% of GDP over the next decade.

Fosun will target healthtech, insurtech and fintech startups with the accelerator, which has been launched in partnership with Luz Saude, Fidelidada and Hauck & Aufhauser.

Law firm Anderson Strathern has launched AS Capital to invest in early-stage startups alongside Equity Group, having invested an undisclosed amount in Synaptec.

The legal outsourcing provider has launched Bright Mind Capital Partners to make early-stage investments in artificial intelligence, blockchain and big data startups.

Facebook aims to collaborate with venture capital firms to grow SMEs in India, having already partnered with Sauce.vc.

Managing partner Tak Sato talks about insurer MS&AD’s corporate venturing unit located in Silicon Valley.