DeClout, a holding company focused on developing IT and cloud computing technology providers, has launched a start-up incubator via its venture capital arm in Singapore.
Addor Capital has led a $12 million pre-Series B round for Yeecall, a Chinese mobile app that allows users to make free voice and video calls, with participation from existing investors including Sinovation Ventures.
China's Haiyin Capital and the US-based National Council of Entrepreneurial Tech Transfer (NCET2) have jointly launched a VC fund to provide capital to start-ups formed at American universities.
Wei Zhou (pictured), formerly a managing partner at KPCB China, has launched a new VC firm – China Creation Ventures – and closed his debut renminbi-denominated fund at RMB1.5 billion ($220 million).
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.
Venture capital has come to the fore in Indonesia, propelled forward by the attractions of a youthful population, rising disposable incomes and growth in smart phone adoption
Susquehanna International Group’s SIG Asia Investments has led a $22 million Series B round of funding for Yunxuetang, a Chinese cloud-based vocational training platform that works with companies like China Mobile and Lenovo.
Lok Capital has led a $10 million Series A round of funding for Indian diabetes care provider Dr. Mohan’s Diabetes Specialities Centre.
China International Capital Corp. (CICC) and two strategic investors have provided RMB750 million ($108 million) in funding for Chinese internet company NetEase's online music platform. The investment values NetEase Cloud Music at approximately RMB8 billion.
Australia’s Blackbird Ventures has led a A$5 million ($3.7 million) Series A funding round for Fleet, a domestic space technology start-up targeting growth in the internet of things (IoT) industry.
The corporates and family groups that dominate Indonesia’s economy are becoming increasingly active in the VC space. To independent GPs, they are more friend than foe, but agendas and approaches vary
Mitsui & Co has agreed to invest JPY1.3 billion ($11.7 million) in Renoveru, a VC-backed start-up focused on online services in Japan’s home renovations market.
Jafco Asia has invested $12 million in a Series A funding round for Singapore-based advertising technology company AdAsia Holdings.
Mahindra Partners has led a $21 million Series B round for Indian home healthcare start-up Medwell Ventures, operator of Nightingales Home Health Services.
GE Ventures leads a $25 million round for Freightos, giving the Hong Kong-based logistics software specialist dry powder to build out its price information marketplace for freight forwarders
Redpoint Ventures and Sinovation Ventures have led a Series B round worth RMB100 million ($14 million) for Xiaolu Clinic, a traditional Chinese medicine (TCM) online services provider.
GE Ventures, the VC arm of General Electric, has led a $25 million extended Series B round of funding for Freightos, a Hong Kong-based logistics technology company. It brings total funding for the business to $50 million.
Morningside Venture Capital, a China-focused early-stage VC firm that used to manage only US dollar-denominated funds, has closed its first renminbi vehicle at RMB1 billion ($143 million).
Indian electronics manufacturer Intex Technologies has launched a technology-focused venture capital fund and made its first investment in online media platform Rooter.
Educational hardware remains an emerging investment segment globally. In China, cultural shifts are piquing expectations for a local boom, but success will depend on various cross-market diversifications
The South Korean government has pledged to establish a KRW113.5 billion ($102 million) fund to support life science start-ups through related ecosystem and infrastructure investments.
China Growth Capital has led an extended Series B round worth RMB100 million ($14 million) for Tiger Brokers, a Beijing-based online brokerage start-up, with participation from existing investor ZhenFund.
Jafco, YJ Capital, and Gumi Ventures have taken part in a JPY3.7 billion ($33 million) funding round for Japanese online food media start-up Dely.
A group of Southeast Asian VCs have committed $12 million to Singaporean automobile marketplace Carro as part of an operational expansion into artificial intelligence (AI)-enabled car financing services.