{"id":341816,"date":"2017-05-24T19:13:50","date_gmt":"2017-05-24T11:13:50","guid":{"rendered":"http:\/\/techcrunch.com\/?p=1495066"},"modified":"2017-05-24T19:13:50","modified_gmt":"2017-05-24T11:13:50","slug":"gree-ventures-closes-67m-fund-for-deals-in-japan-india-and-southeast-asia","status":"publish","type":"post","link":"https:\/\/people.utm.my\/asmawisham\/gree-ventures-closes-67m-fund-for-deals-in-japan-india-and-southeast-asia\/","title":{"rendered":"GREE Ventures closes $67M fund for deals in Japan, India and Southeast Asia"},"content":{"rendered":"

<\/p>\n

GREE\u00a0Ventures<\/a>, the Singapore-based VC firm connected to Japanese games firm GREE, has closed its newest\u00a0$67 million\u00a0fund for early stage investments in Asia.<\/p>\n

AT-II \u2014 the firm\u2019s second fund \u2014 sees GREE\u00a0Ventures spread its focus of deals in Japan and Southeast Asia to cover India for the first time. The fund has so far made 10 investments across Asia, which includes New Delhi-based\u00a0PopXO<\/a>, a media startup targeted at women in India. Typical check size is $0.5-$3 million for seed to Series A deals, and the firm prefers to lead rounds where it can.<\/p>\n

Investors in the new fund include the SME Support Japan<\/a>, Mizuho Financial Group<\/a> and, of course, GREE\u00a0itself. GREE\u00a0Ventures was formed five years ago, and it has invested in more than 40 startups over that period. Its exits to date include Kudo in Indonesia (sold to Grab<\/a>), Pie (sold to Google<\/a>) and Luxola, which was bought by Sephora parent company LVMH<\/a>.<\/p>\n

While the GREE business is anchored in games, GREE\u00a0Ventures is designed to invest outside of that focus to give its parent company reach and insight in new and upcoming tech sectors. That\u2019s a different\u00a0rational to the $12 million fund that GREE launched last year<\/a>\u00a0to explore opportunities in VR and AR.<\/p>\n

Featured Image: Rrraum<\/a>\/Shutterstock<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

\"\" GREE\u00a0Ventures, the Singapore-based VC firm connected to Japanese games firm GREE, has closed its newest\u00a0$67 million\u00a0fund for early stage investments in Asia.
\nAT-II — the firm’s second fund — sees GREE\u00a0Ventures spread its focus of deals in Japan and Southeast Asia to cover India for the first time. The fund has so far made 10 investments across Asia, which includes New… Read More<\/a><\/p>\n

\n<\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n

\"\"\/ <\/p>\n","protected":false},"author":5817,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[25],"tags":[59,66,26],"class_list":["post-341816","post","type-post","status-publish","format-standard","hentry","category-technology","tag-media","tag-techcrunch","tag-technology"],"_links":{"self":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts\/341816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/users\/5817"}],"replies":[{"embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/comments?post=341816"}],"version-history":[{"count":0,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts\/341816\/revisions"}],"wp:attachment":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/media?parent=341816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/categories?post=341816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/tags?post=341816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}