Warburg Pincus and Genesis Capital have committed $120 million in Series D funding to Chinese online tutoring platform Zhangmen.
This is the sixth round of funding for Zhangmen, whose previous investors include domestic GPs such as Shunwei Capital, Fortune Capital, and China Renaissance, according to AVCJ Research. The company will...
Space Cycle, a boutique fitness studio chain operating in mainland China and Taiwan, has raised a RMB100 million ($15.6 million) Series B round of funding led by Alibaba Taiwan Entrepreneurs Fund.
Creador is targeting $500 million for its fourth Southeast Asia and India-focused fund. The private equity firm closed its previous vehicle at $415 million in late 2016.
SBI Investment, the VC arm of Japan’s SBI Holdings, has launched a JPY50 billion ($450 million) fund that will focus on artificial intelligence (AI) and blockchain technology.
Singapore’s Temasek Holdings has led a Series C round of undisclosed size for Rokid, a Chinese artificial intelligence (AI) developer focused on home automation devices.