Automotive giants Renault, Nissan Motor and Mitsubishi Motors have launched a venture capital fund that will invest $1 billion in advanced car technologies with a strong presence in Asia.
The program, known as Alliance Ventures, will operate via bases China, Japan, France and the US. Nissan and Renault will each control a 40% stake, while Mitsubishi will hold the remaining 20%. Alliance...
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.