Taiwan-based venture capital (VC) firm AppWorks is looking to make the first close of its fourth flagship fund at about $200 million as early as this month, its top executives told DealStreetAsia in an interview.
The total corpus that the firm is targeting to raise by mid-2023 is $360 million, even as the global economic uncertainty has slowed down the overall fundraising activity of several investors – both in the private equity (PE) and VC space.