Rui Ma, Greater China partner at Silicon Valley-based investor 500 Startups, has left the firm and set up her own early-stage fund-of-funds to invest in US GPs.
Eight Roads Ventures has led a $12 million Series B round for India-based medical diagnostics services provider Core Diagnostics.
Pavilion Capital, a private equity unit of Singapore’s Temasek Holdings, has joined a number of Asian VC firms in a $19.5 million Series B investment in Singapore artificial intelligence (AI) company Appier.
American Express Ventures, the corporate VC arm of credit card company American Express, has led a $4 million round of funding in Indian financial technology start-up IndiaLends.
China cleantech-focused VC firm Tsing Capital and US-based SVC Angel Fund have formed a partnership with IngDan, an internet-of-things (IoT) platform that aims to connect hardware start-ups with supply chain resources in China.
Novogene Technology, a Beijing-headquartered genomic services provider, has raised a $75 million Series B round from Chinese investors including CMB International, SDIC Innovation Investment and Shanghai Sigma Square Capital.
Angel Plus, a Chinese early-stage VC fund established by Michael Yu, co-founder of New Oriental Education, has launched a debut US dollar-denominated fund worth $100 million.
Lok Capital has led a INR450 million ($6.6 million) Series B round of funding for India’s HR Food Processing, which produces dairy products under the brand Oram.
Everbright Reinfore, a China-focused PE firm under the China Everbright Group umbrella, has led a RMB700 million ($102 million) Series B round for Beijing DS365 Technology, which operates an online retail portal.
Indian technology investor Kalaari Capital has invested $6 million across domestic start-ups, AffordPlan and Active Intelligence.
Inagora, a cross-border e-commerce platform that focuses on selling Japanese products, has completed a Series B round of funding worth $26 million led by World Innovation Lab (WiL), a US and Japan-based early-stage investor.
Early-stage VC firm WI Harper Group has teamed up with two Chinese investment funds – Luxin Venture Capital Group and Shandong Leader Equity Investment Fund – to launch a cross-border fund that will invest in start-ups in China and the US.
New Zealand artificial intelligence (AI) company Soul Machines has raised a $7.5 million Series A round of funding from investors including Horizons Ventures and Iconiq Capital.
Tangdou.com, a Chinese online platform through which users can share their dancing experiences and join recreational dance groups, has completed a $20 million Series B round of funding across two tranches.
Lightspeed Venture Partners has led a $4 million Series A round for Indian social networking platform ShareChat.
Vertex Ventures, the VC arm of Singapore's Temasek Holdings, has led a $5.5 million seed round for Singapore-based co-working space developer Spacemob.
Sequoia Capital India has committed $5 million in Series A funding to Vymo, an enterprise sales assistant based in India and the US.
Japanese industrial robotics developer LifeRobotics has raised a JPY1 billion ($9 million) Series B round led by Global Brain.
Sydney-listed growth-stage investor Bailador Technology Investments has led a A$7 million ($5.2 million) funding round for domestic IT company Instaclustr alongside two domestic VCs.
RRJ Capital has led a $200 million Series A round for Jubaohui, an internet finance platform established by Chinese conglomerate HNA Group.
LGT Impact Ventures, the impact investment arm of LGT Group, has led a $10 million Series B round for Indian small business-focused microfinance institution (MFI) Aye Finance.
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a commitment of up to $20 million to China-based online logistics platform Huochebang.
Chinese fitness app developer Hotbody has raised approximately RMB100 million ($15 million) in a new round of funding led by domestic GP Haodao Capital, with participation from existing investor Ameba Capital.
Innovation Network Corporation of Japan ventured outside its domestic comfort zone to support Treasure Data, and thereby help Japanese corporates get to grips with big data