Arbor Ventures Reaches $100M First Close For Maiden Fund

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Asia-focused venture capital firm Arbor Ventures has held a first close of US$100 million for its maiden fund, according to media reports.

The fund has a fundraising target of US$125 million, and is expecting a final close next April.

The International Finance Corporation is committing up to US$10 million into the fund, according to a memo posted on IFC’s website.

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