Singapore’s Temasek Holdings has led a Series C round of undisclosed size for Rokid, a Chinese artificial intelligence (AI) developer focused on home automation devices.
Lightspeed, Morningside, Jafco and Gobi contribute to the first institutional round of funding for Chinese financial technology player Black Fish
BingoBox, a Chinese unmanned convenience store operator, has raised an $80 million Series B round of funding led by Fosun Capital. Existing investors Prometheus Capital, Qiming Venture Partners, GGV Capital and Ventech China also took part.
Space technology is being democratized outside its historical geographic and institutional spheres of development. As private investors get on board, a new range of risks and rewards is coming into focus
Pony.ai, a China and US-based start-up that develops autonomous driving solutions, has completed a $112 million Series A round of funding jointly led by Morningside Venture Capital and Legend Capital.
Tiger Global and Y Combinator have led a $20 million Series B round for India-based online payment gateway Razorpay.
Singapore’s Infocomm Media Development Authority (IMDA) is partnering with two state-sponsored academic institutions to launch a start-up accelerator focused on technology related to legal practices.
Niyo Solutions, an Indian financial technology company specialized in payroll services, has raised a $13.2 million Series A round from a group of VC firms, including Hong Kong’s Horizons Ventures.
Black Fish, a Chinese online consumer finance platform, has raised a RMB950 million ($146 million) Series A round from Lightspeed China Partners, Morningside Venture Capital, Jafco Asia, and Gobi Partners.
Technology is directly or indirectly redefining business models across Asia. Private equity investors must embrace change or risk seeing returns damaged as portfolio companies are disrupted
VIP Peilian, a Chinese online music tutoring platform, has completed a Series B round of funding led by Tencent Holdings and Orchid Asia.
Japanese venture capital firm Global Brain has led a JPY1.5 billion funding round for domestic online shopping start-up Base.
Advantech Capital and SDIC Fund Management have led a $76 million Series A round for Chinese biotechnology company KBP Biosciences.
A group of investors including SBCVC and Kexin Capital have backed a $32 million funding round for China’s HaploX Biotechnology.
AIpark, a Chinese start-up that applies artificial intelligence (AI) technology to the car parking industry, has closed a Series A round of about RMB100 million ($15.4 million) led by the US-China Green Fund.
Intel Capital and Hua Capital have co-led a $136 million Series A round of funding for Huaqin Telecom, a Chinese smart phone and tablet manufacturer.
Every, a Japanese media company focused on lifestyle-oriented and smartphone-accessible content, has raised about JPY2.1 billion ($18.3 million) from a number of VCs, including World Innovation Lab.
ClearVue Partners has led a Series B round of unspecified size for Chinese smart vending machine operator Citybox. The consumer-focused GP also participated in the company’s $15 million Series A in September.
J.P. Gan and Nisa Leung, managing partners at Qiming Venture Partners, discuss the latest trends they are seeing in China’s consumer internet and healthcare spaces
A university spin-out focusing on technology commercialization, SenseTime has become popular among investors seeking artificial intelligence exposure
Shanghai Think Force Electronic Technology, a China-based artificial intelligence (AI) chip maker, has raised a RMB450 million ($68 million) Series A round of funding from Yunfeng Capital, Sequoia Capital China, and Hillhouse Capital.
Microequities Venture Capital Fund, a vehicle set up by Equity Venture Partners and Microequities Asset Management, has invested A$3.5 million ($2.7 million) in New Zealand software company Fergus.
Square Peg Capital has invested A$8 million ($6 million) in Airwallex, an Australia-based cross-border payments company that closed its Series A round seven months ago.
US and India-based training and networking platform operator MindTickle has raised $27 million in Series B funding led by Canaan Partners.