Israeli investment firm Hanaco Ventures is nearing the final close of its latest growth and early-stage funds with backing from Asian institutional investors, at a time when the venture capital (VC) world is grappling with an industry-wide slowdown.
The Tel Aviv- and New York-based investor has concurrently raised $400 million for Hanaco Growth Fund III and $126 million for its third early-stage fund so far, its founder told DealStreetAsia in an interview in Bangkok.