ZenBook maker Asus launches $50M venture fund to bring Silicon Valley startups into Asia

Asus, the Taiwanese hardware firm known for its ZenBooks, ZenFones and Zenbo the cute, humanoid robot, is stepping into the VC game with the launch of a $50 million venture capital fund. Managed in partnership with Fenox Venture Capital, it will focus on strategic investments with startups that want to enter Asian markets.