Golden Gate Ventures, Hanwha Eye $200 Million Fund

Golden Gate Ventures is teaming with South Korea’s Hanwha Asset Management Co. to raise $200 million to fund technology startups across Southeast Asia, people familiar with the matter said.

The pair have already secured about $80 million of commitments from investors for the envisioned vehicle, which will target the series B capital raising rounds of consumer tech platforms around the region, the people said, asking not to be named because they aren’t authorized to discuss details publicly.