Tech in Asia —- Yahoo Japan, home to Japan’s most popular web portal, and East Ventures, a pan-Asian venture capital firm, are teaming up to create a new accelerator in Tokyo. Code Republic launched today and is the brainchild of Ryu Hirayama, managing director of YJ Capital, and Batara Eto, co-founder of East Ventures.
Tech in Asia — Macquarie’s annual conference in Jakarta on telecoms, technology, and ecommerce is one you shouldn’t miss. Last week, it brought together top decision makers in Indonesia’s digital economy. Macquarie Group’s corporate advisory branch Macquarie Capital gained relevance in Asia’s tech industry through advising startups and tech companies on capital raising, IPOs, as well as mergers and acquisitions.
Tech in Asia — Japanese recruiting startup BizReach today announced a Series A round of funding from 10 companies totaling US$32.8 million. The investors in the round are YJ Capital, Japan Co-Invest Fund, Salesforce Ventures, Dentsu Digital Holdings, Gree, Rakuten, Link and Motivation, EFU Investment Limited, IMJ Investment Partners Japan Fund 1, and East Ventures (Disclosure: Tech in Asia is also backed by East Ventures).
Malaysia Venture Capital Management Bhd., the country’s largest venture firm with $300 million in assets under management, announced the SuperSeed Fund with Gobi on Thursday last week. They will seek to invest in 25 to 35 early-stage startups across Southeast Asia over the next three years.
Enterprise Innovation — The Silicon Valley venture capital firm 500 Startups has announced a $10 million fund for Vietnam. It said the goal is to make 100 to 150 investments into Vietnamese startups that address local market needs as well as those tackling overseas markets. In addition to financing, startups will also get access to the company’s international network of mentors and partners to help scale up their business.