Southeast Asia

Intudo Ventures IV's LPs include Orient Growth Ventures and Black Kite Capital as well as more than 20 global funds and managing partners, the firm reports.

Stripe's $1.1bn acquisition of Bridge signals more mainstream acceptance of stablecoins among fintech players, especially those eyeing scale-up opportunities in developing markets.

The sixth annual Rising Stars celebrates the achievements of people under the age of 40 in the venture capital industry. The deadline for nominations is November 15.

Venture funds raised a little less than $83bn in the first three quarters of this year, down from more than $95bn in the same period in 2023, according to exclusive research by Venture Capital Journal.

PruVen Capital has closed on $378m for its second fund, which will target financial services and enterprise-focused start-ups.

Sovereign’s Capital has closed on more than $60 million for its fourth venture capital fund, which will invest in "faith-driven teams" in the US and Southeast Asia.

The fund's investors include British International Investment, the Dutch entrepreneurial development bank FMO, IDB Invest, International Finance Corporation and Mastercard.

For new investments in Malaysia and other countries, the global venture fund has partnered with a sovereign wealth fund that shares its interest in applying digital technology to clean energy, healthcare and education software.

The fund will back tech-enabled businesses in Indonesia and Southeast Asia.

Venture Capital Journal surveyed 117 institutional investors worldwide to find out what is most – and least – important to investors in venture funds.