The main address in Asia closes a $ 145 million fund to support investments in the Asia Pacific region

With the current economic uncertainty and geopolitical challenges, Securing financing for startups in Asia It has become more recently difficult. Investment capital companies It was also affected by the shrinkage, which led to a decrease in the number of money closed.

Akio Tanaka, a co -founder of his partner and partner in ASIA, a Tokyo -based VC VC company, said in an interview that the VC market “passes (one of the periodic winter) which is characterized by high interest rates, tight liquidity, and a cautious LP.”

However, the money is still closed. Asia address He said on Tuesday that she has completed one of its largest money so far, ASIA FUND V, with $ 145 million to invest in startups in the field of technology throughout Asia and the Pacific. (the address Previously said It was targeting $ 180 million for the fund.)

Their major funds for them were allocated to the construction of startups of startups that target digital transformation and cross -border operations in Japan, Taiwan and Southeast Asia, with selective investments in South Korea. The title is invested in the early stage-SEED to the A-Series with check sizes ranging from 1-5 million dollars in e-commerce, logistics, Fintech, IP and AI.

Supporters of the Fifth Fifth Fund of Asia include a mixture of public and private entities, including Japan Investment Corporation (JIC), the National Development Fund (NDF), the Investment Corporation in Korea, and the support of small and medium -sized companies in Japan.

The new new fund has invested in 17 companies, including Nemo, Japanese taxi and start sharing ride. GinphyIt is a company based in Singapore that provides revenue -based financing for digital companies and startups in Southeast Asia; and PI-XCELSAn young company based in Tokyo and Singapore, providing a technology that supports NFC for merchants to send receipts to their customers.

Some investors in Southeast Asia Prefer to make safe investments that generate profits Instead of investing in high -risk startups in a difficult financing climate, according to Tanaka. The main address aims to make investments that these investors do not make.

Tanaka said: “The evaluations are still in the early stage where the most important returns are made, especially in the exit environment today, where the assessments in the subsequent stage are compressed and liquidity remains limited,” Tanaka said.

Tanaka Techcrunch told the company that the company is especially excited about opportunities in Japan. In the past, most Japanese startups have focused on business in their local market, according to Tanaka. There were many public subscription deals, although they were relatively small.

Tanaka added: “Many of the founders of startups in Japan have found that it is a low fruit for the public with a relatively small width.” “We are very interested in the global startups that come out of Asia, whether the Japanese startups will get international, or perhaps Southeast Asia or startups in North Asia are going on a global level.”

The main title is Asia part of the main global network, as it includes regional offices in the United States, Europe and Latin America. VC has about $ 4 billion of management assets.

Founded in 2008, the ASIA title, which supported more than 100 startups, is running about $ 420 million of assets through its five funds. The company employs 10 specialists in investment in Tokyo, Tabaye and Singapore.

The closure of the latest box in Headline comes in the wake of other donations that focus on Asia.

Close the Program A. Fund 72 million dollars in Southeast Asia In August, MINDWORKS Capital, VC is based in Hong Kong, The fourth public Fund has completed with $ 220 million In October. In November, Indonesia VC Intudo received $ 125 million through two financingIncluding $ 50 million for an investment fund in natural resources in the direction of the river and renewable energy.