Kuaishou, a Chinese live-streaming video app backed by VC investors and search engine Baidu, has raised $350 million in a new round of funding led by Tencent Holdings.
The company didn’t disclose whether other existing backers also participated in the round. Kuaishou was founded in 2011 as a photo-sharing app. It subsequently added new functions to allow users to...
UK-based private equity investor Dolma Impact Fund has committed $3.2 million to Swet Ganga Hydropower & Construction, a hydroelectric power provider in Nepal.
Nayuta, a Japanese start-up focused on combining internet-of-things (IoT) and blockchain technologies, has received a JPY140 million ($1.3 million) funding round led by Jafco.
InnoSpring and Alibaba Group have jointly launched an accelerator program in China with a view to helping international start-ups access Chinese markets and ecosystems.
Magmode, a China-based men’s fashion start-up, has raised $15 million in the second tranche of a Series B round led by Cathay Capital Private Equity. Existing investor Sinovation Ventures also participated.