Headline Asia raises USD 145 million for fifth fund

Tokyo-based Headline Asia has closed its fifth fund at USD 145 million to back early-stage tech startups across Japan, Taiwan, Southeast Asia, and selectively in South Korea. Backers include JIC, Taiwan’s NDF, South Korea’s KVIC, and SME Support Japan. The fund targets seed to Series A rounds in sectors such as e-commerce, fintech, AI, and logistics, and has already invested in 17 companies.