Sources in the Goverment have confirmed that a total of around $1 billion was invested in startups in the first nine months of the year. This represents a 9.5% increase from a year earlier. The number of startups that received investment also increased to 619 from 579 over the same period. The increase in funding has been attributed to a rise in activity by institutional investors and private venture funds, as well as government investment…

Global Brain, an early and growth stage investor from Tokyo has just announced its most recent investment in a Korean startup. The “GB-V Growth Fund Investment Limited Partnership” managed by Global Brain Corporation, has invested an undisclosed amount in Mbite Inc., from Seoul, Korea. Founded in 2011 MBite is a global provider of game illustrators’ matching platform “rainbow.dot”. The fresh finances will be used to bolster R&D capabilities and hire a global sales team….

Established in 2009, the Global Mobile Internet Conference (GMIC) Beijing is arguably Asia’s most influential mobile industry conference. Taking place on May 5-6, 2014, GMIC will attract over 10,000 mobile industry executives, entrepreneurs, developers and investors from 30+ countries. This year, as part of our partnership with GMIC, our own Global Director, Nathan Millard, will be moderating a panel with four of Asia’s top investors from Korea, Japan, and China to discuss…