Finch Capital-MDI Ventures JV ‘Arise’ hits first close of US$40M fund, to back 25 ASEAN startups

Arise, a joint venture by Finch Capital and MDI Ventures, has announced the first close of its US$40-million debut fund. Multiple third-party corporate investors, family offices, and high-net-worth backers joined the fund. Notable among these is Indonesia’s publicly traded ICT giant Metrodata Electronics. With ticket sizes ranging from US$250,000 to US$3 million, the Indonesia-based fund […] The post Finch Capital-MDI Ventures JV ‘Arise’ hits first close of US$40M fund, to back 25 ASEAN startups appeared first on e27.