Gobi Partners and Kaitai Capital have jointly led a RMB95 million ($14 million) Series A round of funding for Momfo, a Chinese property financing platform.
Singapore-based digital payments services company Coda Payments has closed a $2 million round of funding with participation from Japan’s IMJ Investment Partners.
Innovation Network Corporation of Japan (INCJ) has committed to invest up to JPY700 million ($7 million) in a fresh round of funding for domestic industrial materials specialist Nakayama Amorphous.
Chinese Reform Holdings Corporation (CRHC), a Chinese state-owned asset manager, has launched a government-backed venture capital fund with a target of RMB200 billion ($30 billion).
You Pei Liang Pin, a Chinese B2B online food products supplier, has raised a RMB120 million ($18 million) funding round led by PE-backed online fresh-food retailer Yiguo and Chinese conglomerate GMK Group.
3D printing technology is expected to grow at an accelerated rate now that its practical applications have come into focus. As a global manufacturing leader, Asia could be at the center of the boom
Tencent Holdings has led an undisclosed Series C+ round of funding for Chinese fitness app operator Keep.
A US-based healthcare fund backed by Microsoft founder Bill Gates has led a A$4.5 million ($3.5 million) investment round in Australian medical technology company Atomo Diagnostics.
Oil and Natural Gas Corporation (ONGC), an energy sector supplier under the Indian government, has launched a INR1 billion ($15 million) venture fund to promote entrepreneurship in the struggling local fuel industry.
Tsinova, a Chinese smart bicycle manufacturer, has closed a RMB150 million ($23 million) Series B round led by THG Ventures, a venture capital firm backed by state-owned Tsinghua Holdings.
Australian VC firm Square Peg Capital has contributed to a $17 million Series B round for UpGuard, a Sydney-founded cybersecurity start-up now headquartered in the US.
Norwest Venture Partners has led a $15 million Series B round of funding for Zenoti, an India-founded and US-headquartered software provider for the spa and wellness industry.
WestBridge Capital Partners has led a $15.6 million Series A round of funding for Innovaccer, a healthcare-focused IT outsourcing start-up with bases in Palo Alto and New Delhi.
Sequoia Capital China has led a RMB200 million ($30 million) Series B round of funding for Mining Lamp, a Chinese big-data solutions provider.
Wangyu Master, a Chinese online gaming services platform, has raised RMB150 million ($23 million) in a Series A round of funding from a group of domestic investors.
Australia-listed investment firm CVC has backed a A$3 million ($2.3 million) seed round of funding for Bigstone, a domestic online platform operator that connects investors with start-ups.
Gujarat Venture Finance (GVFL) and Bennet, Coleman & Co. (BCCL), owners of the Times of India, have led a $7 million Series B round for Indian online bus booking platform Travelyaari.
Memebox, an e-commerce company that sells Korean beauty products, has raised $65.95 million in Series C funding led by Formation Group, an Asia-focused VC firm launched by Formation 8 co-founder Brian Koo.
Equity Venture Partners (EVP) and Microequities Asset Management have launched a A$20 million ($15.4 million) venture capital fund to focus on Australian technology start-ups.
The exponential rise in drone technology investment during the past few years is now expected to level off into slower growth as venture capitalists discover a galaxy of more nuanced opportunities
With support from HNA Group, RocketSpace wants to take its San Francisco-based co-working space and accelerator model into new markets. China is the top priority
Japanese corporate analytics platform Abeja has raised JPY200 million ($2 million) in Series B funding from PNB Inspire Partners, a domestic investor aimed at helping companies expand into Southeast Asia and Islamic countries.
Yunnex, a China-based point-of-sale (POS) machine manufacturer, has raised RMB300 million ($45 million) in Series B funding from GSR Ventures and other strategic investors.
GrubMarket, a US-based online food marketplace, has raised $20 million in a Series B round of funding from several Sino-US investors including GGV Capital, Fosun Capital and Danhua Capital.