Agricultural technology investment in Australia is growing rapidly from a low base. Sustaining this momentum requires international capital channels and attention to local differentiators
Chinese biopharmaceuticals developer XW Laboratories has raised a $17.5 million Series B funding round led by WI Harper and Elements Capital.
East Ventures has launched a $30 million Southeast Asia fund that will make seed to Series A investments in technology start-ups, with an emphasis on Indonesia.
Hong Kong financial technology company TNG has secured a $115 million Series A to push its electronic payment solution
Krungsri Finnovate, the VC arm of Thai financial institution Bank of Ayudhya, has led a $3.2 million Series A round for domestic financial technology start-up Finnomena.
WRV Capital is backing Tonbo Imaging, a provider of night vision technology to the Indian military, as it expands into new markets
QianbaoCard, a Shanghai-based start-up that provides financial services to local merchants and consumers, has raised a RMB1 billion ($152 million) Series B round of funding from Banyan Capital and other domestic investors.
Singapore’s National Research Foundation (NRF) has invested S$16 million ($12 million) in new cybersecurity projects, with a view to strengthening the country’s R&D capabilities in this area.
Sequoia Capital India and SAIF Partners have led a $11.5 million Series B funding round for Indian free-to-use learning platform operator Unacademy.
Tonbo Imaging, an Indian night vision technology specialist serving the defense, surveillance and transportation safety markets, has received $17 million in Series B funding led by US-based WRV Capital.
Infostellar, a Japanese company developing cloud-based satellite communication technology, has closed a $7.3 million Series A funding round led by US-based Airbus Ventures.
Singapore investor Golden Equator Capital and Korean research organization C&R Healthcare Global have jointly launched an incubation program that will help Korean healthcare start-ups execute Asian expansions via Singapore.
Sequoia Capital India and Burda Principal Investments, the VC arm of German internet conglomerate Hubert Burda Media, have led a $17 million Series B round for Thailand-based online fashion marketplace Zilingo.
Chinese private equity firm NewMargin Capital has led a $115.3 million investment in Hong Kong’s TNG Fintech. It is said to be the largest Series A round for a Hong Kong start-up to date.
The Australian government has agreed to invest A$13.3 million ($11 million) into three local healthcare start-ups via it’s Biomedical Translation Fund (BTF).
Seven Seas Partners, a Sino-US cross-border VC firm founded by a former executive at Tencent Holdings, has led a RMB350 million ($54 million) Series B round of funding for Roobo, a home service robot developer.
1955 Capital, a cross-border PE firm set up by former Khosla Ventures partner Andrew Chung, has led an $11 million Series B round for US-based energy storage technology developer Gridtential aimed at supporting its Asia expansion.
Tech Bureau, a Japan-based cryptocurrency exchange platform operator, has received JPY1.6 billion ($14.8 million) in Series B funding led by domestic venture capital firm Jafco.
Eight Roads Ventures, the proprietary investment arm of Fidelity International, has launched its debut China healthcare fund worth $250 million. All the capital comes from the firm's parent.
Citybox, a China-based smart vending machine operator, has secured a $15 million Series A round of funding from GGV Capital, Yunqi Partners, Blue Lake Capital and ZhenFund.
Qingsong Fund, a Chinese VC firm formed by Alvin Liu, an angel investor and co-founder of Tencent Holdings, has closed its third renminbi-denominated fund at RMB850 million ($129 million).
Abcfintech, a China-based cloud services provider, has raised a combined $30 million through an angel round and Series A round.
BlueRun Ventures and Tencent Holdings have co-led a RMB160 million ($24 million) Series A round of funding for Shuidi, a China-based healthcare services platform that aims to help people pay for medical services.
Singapore-based EDBI has joined a $33 million Series C round for Taiwanese artificial intelligence (AI) company Appier. It brings the company’s total funding to date to $82 million.