[AppWorks Completes $165 Million Fundraising for Fourth Fund, Total Funds Raised Reach $386 Million] According to an announcement on the official AppWorks website, the company has completed the final fundraising for its fourth flagship fund (Fund IV), reaching $165 million, bringing its total funds raised to $386 million. This round attracted the participation of three major pan-Asian sovereign LPs for the first time, including the 'Taiwan National Development Fund,' Malaysia's national fund Jelawang Capital, and South Korea's KVIC. Other investors include Fubon Life, Taiwan Mobile, Wistron, Phison, and E Ink. Since its establishment in 2009, AppWorks has built an ecosystem of over 2,000 founders and 653 active startups, with a recent focus on AI and Web3. More than 70% of the latest accelerator projects come from regions outside Taiwan. The fund will focus on early-stage project investments and has already supported well-known companies such as Lalamove, Animoca, and Flow. AppWorks stated that the fund will focus on high-potential entrepreneurial opportunities from emerging markets in Asia.