Hong Kong VC MindWorks raises US$220 million in new fund, defying private capital slump
Hong Kong technology venture-capital (VC) firm MindWorks Capital has finalised a new US dollar fund to invest in start-ups across the Greater Bay Area and Asia, defying an extended slump for China-focused private investments amid geopolitical headwinds. MindWorks closed a US$220 million new fund, with investors including sovereign wealth funds, a university endowment, asset managers,…