Wonder Workshop, the children's robotics manufacturer that recently agreed a distribution partnership with Chinese online retailer JD.com, has raised a $20 million Series B round to support further expansion in China.
Japanese corporate analytics platform Abeja has raised a JPY530 million ($5 million) Series B round from Innovation Corporation of Japan (INCJ) and Archetype Ventures.
Innovation Network Corporation of Japan (INCJ) has led a $16 million funding round for Tokyo-based chemical sensor developer Atonarp.
Indian classifieds site Quikr has acquired Hiree, an online hiring platform focused on white collar jobs and backed by IDG Ventures.
Australian life sciences-focused VC firm Brandon Capital has expanded the mandate of its third Medical Research Commercialization Fund (MRCF) to include New Zealand.
Yonghong Tech, a Chinese big data analytics software provider, has raised RMB200 million ($30 million) in Series C funding from Tencent Holdings’ VC unit, Yuansheng Capital, Oriental Fortune Capital, and Matrix Partners.
Thailand's Siam Commercial Bank (SCB) has formally announced a financial technology investment strategy aimed at improving customer experience while encouraging domestic start-ups to keep up with changes in the global market.
Bertelsmann India Investments has led a INR1.12 billion ($17 million) Series B round of funding for Indian budget hotel chain Treebo.
China Growth Capital has led a $10 million Series B-plus round of funding for Austria-based media company Juzi Entertainment. It brings the Series B to $25 million overall.
China’s PGA Venture Partners has led a $4.5 million Series A round of funding for Hong Kong-based financial services software provider Quantifeed.
Japan’s SBI Investment has led a $17.5 million Series B funding round for Thailand-based online payment services provider Omise.
Hermed Capital Healthcare Fund, a PE vehicle managed by Shanghai Fosun Pharmaceutical Group and Korea’s SK Group, has committed $4 million to a China expansion drive by US-based Diamedica.
US-based 500 Startups has received $8.3 million in LP commitments for its Thailand-focused early-stage fund 500 TukTuks after expanding its targeted scope on the back of increased investor interest.
The International Finance Corporation (IFC) plans to support an accelerator fund launched by Capria Ventures – an impact investment firm sponsored by Unitus – that will focus on South and Southeast Asia, Sub-Saharan Africa and Latin America.
DotC United, a Hong Kong-based mobile app publisher, has raised a RMB300 million ($44 million) Series A round of funding from several Chinese VC investors, including Banyan Capital and Chengwei Capital.
Legend Capital has led a RMB100 million ($14 million) Series B round of funding for Udesk, a China-based customer service outsourcing business.
DCM Ventures has led a $10 million round for SequoiaDB, a Chinese big data software developer, followed by existing investor Qiming Venture Partners.
Sri Lanka and Singapore-based venture firm BOV Capital has launched its maiden INR1 billion ($14.9 million) vehicle, with a mandate to invest in early-stage Sri Lankan technology companies.
Paktor, a Southeast Asia-focused mobile dating app, has raised $10 million in a new round of funding led by Japan’s YJ Capital, the corporate venture arm of Yahoo Japan.
IIFL Asset Management and Accion Frontier Inclusion Fund have led a funding round of an undisclosed amount in Indian small retailer-focused fintech start-up NeoGrowth.
Singapore private equity firm Hera Capital has made an undisclosed equity investment in My Social Book, a company that publishes personalized hardback scrapbooks, diaries and photo albums based on customers’ timestamped social media resources.
US-China cross border investment continues to present exciting opportunities for venture capital firms targeting technology start-ups, but investors must keep up with the pace of the market’s transformation
Gobi Partners has led a A$5 million ($3 million) round of funding for Australia-based digital payment services developer Airwallex.
WuXi Healthcare Ventures, Oriza Seed Venture Capital, and Boyu Capital have committed $150 million in Series A funding to Chinese bio-pharmaceutical developer CStone Pharmaceuticals.