Australia's Mandalay Venture Partners hits $10m first close of debut Asia agrifood fund

Australia's Mandalay Venture Partners hits $10m first close of debut Asia agrifood fund

(L to R) Founding partners of Mandalay Mark Gustowski, Al Fullerton, Timothy Hui, Philippe Ceulen.

Australia’s Mandalay Venture Partners has hit a A$15-million ($10 million) first close for its debut agrifood and farm-tech fund for Asia, said a senior executive at the firm.