News round up 15 May 2017
Posted on 15 May, 2017 by Thierry Heles, editor
A round up of all the latest news on www.globalgovernmentventuring.com for our subscribers.
Ross Baird, chief executive at Village Capital, takes a closer look at accelerators and entrepreneur support programs and asks: do they work?
The Ministry of Finance, the National Development and Reform Commission and the State Development and Investment Corporation are among the backers of the new VC fund.
Stellaris Venture Partners India I, a technology-focused early-stage fund with a $100m target size, has secured a $10m commitment from the International Finance Corporation.
BDC Capital has backed the StandUp Ventures Fund I, a women-focused fund that has made its first investment in Tealbook.
Temasek has taken part in a round that took the liquid biopsy system developer's total funding to about $550m.
Scottish Investment Bank has returned to support a $7.4m series C round for Lamellar Biomedical, having also backed the series A and B rounds.
Vertex Ventures and real estate developer CapitaLand have supplied series A funding to Ace Turtle.
The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.
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