Philippines-based financial technology company First Circle has received $2.5 million from a group of VC firms, including a seed stage investment unit of emerging markets microfinance group Accion International.
Other participants in the round included 500 Startups, IMJ Investment Partners, Key Capital and Deep Blue VC. The investment also featured an undisclosed sum of debt funding. The capital will be used...
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.