Taiwan-based AppWorks closes Fund III at $150m hard cap, exceeds target

Taiwan-based AppWorks closes Fund III at $150m hard cap, exceeds target

Team of Taiwan-based venture capital firm AppWorks. Source: AppWorks

AppWorks, a venture capital (VC) firm that invests in Taiwan and Southeast Asia, has reached the final close of its AppWorks Fund III at a hard cap of $150 million, bringing the firm’s total assets under management (AUM) to $212 million.