Technology
Dymon reaches $20m first close on VC fund
Singapore-based hedge fund Dymon Asia Capital has reached a first close of $20 million on its debut venture capital vehicle.
India's Pi Ventures reaches $13m first close on AI fund
Indian early-stage VC investor Pi Ventures has reached a first close of $13 million on its debut artificial intelligence (AI)-focused fund.
Singapore's Temasek opens San Francisco office
Singapore’s Temasek Holdings has opened an office in San Francisco, expanding its US presence following the establishment of a New York office in 2014.
India's Endiya closes debut fund at $26m
Indian early-stage VC firm Endiya has reached a final close of INR1.75 billion ($25.7 million) on its debut fund.
Saama in $57m final close on India VC fund
Saama Capital has closed its third India venture capital fund at $57 million, above the target of $50 million.
Fund focus: Faith in Indian modernization
Accel Partners plans to take advantage of India's increasingly affluent and sophisticated population
China's Huiyin Group launches $20m blockchain fund
Chinese investment firm Huiyin Group has launched a $20 million fund to invest in blockchain technologies.
Tsinghua Unigroup scraps plan to acquire stake in Taiwan's ChipMOS
Tsinghua Unigroup, an investment arm of China's state-backed Tsinghua Holdings, has scrapped its plan to invest in ChipMOS Technologies, a chip test and packaging company listed in Taiwan.
Singapore's Jubilee Capital in $30m first close on tech fund
Jubilee Capital, a newly formed venture investment firm based in Singapore, has reached a first close of $30 million on an early-stage technology fund targeting $100 million.
Blume Ventures closes second India fund at $60m
Blume Ventures has reached a final close of $60 million on its second India early-stage fund.
Permira reaches $6.9b first close on latest global fund
Permira has achieved a first close for its sixth global buyout fund, with about EUR6.3 billion ($6.9 billion) in commitments.
OrbiMed, Chinese strategic to buy Canadian healthcare player
OrbiMed will consolidate its control of Canada-listed clinical equipment producer Response Biomedical in an C$11.1 million ($8.6 million) take-private deal including participation by Shanghai Runda Medical Technology.
Beijing E-Town completes take-private of Mattson Technology
Chinese PE firm Beijing E-Town Capital has completed the privatization of Mattson Technology in a deal that values the NASDAQ-listed semiconductor processing equipment maker at approximately $300 million.
China’s Kingsoft Cloud gets extended Series C round
Kingsoft Cloud Group, a cloud computing unit owned by China’s Kingsoft, has raised $48.9 million in an extended Series C round of funding from China Merchants Securities and its parent company.
Qihoo 360, CSRC speak out on backdoor listings
China's Qihoo 360 Technology, which is currently involved in a take-private deal worth $9.3 billion, has denied rumors that it held discussions with regulators over a potential domestic back-door listing.
Australian budget enhances incentives for early-stage investors
Early-stage investors in Australia will be granted a string of new tax incentives as the government continues its efforts to develop a more innovative economy.
Tsinghua Unigroup withdraws offer to acquire Taiwan’s SPIL
Chinese state-backed Tsinghua Unigroup has withdrawn its NT$56.8 billion ($1.7 billion) offer to acquire a stake in Silicon Precision Industries (SPIL), a Taiwanese semiconductor testing and packaging company.
Shaw Kwei merges precision parts makers Beyonics and Chosen
Shaw Kwei & Partners has merged two Singapore-headquartered portfolio companies – Beyonics and Chosen – to form a leading Asian-based precision parts manufacturing group.
Jafco, Voyage in $2.6m round for Japan's Repro
Japanese mobile analytics provider Repro has raised JPY300 million ($2.6 million) for a US expansion from investors including Jafco and Voyage Ventures.
Cybernaut China hires ex-IBM executive, launches M&A fund
China-focused PE firm Cybernaut has hired Matt Wang, formerly a vice president at IBM, as president and announced the launch of a RMB60 billion ($9 billion) M&A fund.
China cloud technology start-up Transwarp secures $24m
Transwarp Technology, a Chinese big-data technology developer, has raised a RMB155 million ($24 million) Series B round of funding from domestic investors including Shanghai Real Power Emerging Industry Funds and Shenzhen Capital Group.
Blue Sky-backed Alcidion lists in Australia
Blue Sky Alternative Investments-backed healthcare technology company Alcidion has listed in Australia with a A$2 million ($1.4 million) IPO priced at A$0.03 a share.
Telstra backs Monk's Hill Southeast Asia fund
Australia’s Telstra Ventures has made an LP commitment to Singapore-based Monk's Hill Ventures' debut Southeast Asia fund - which is targeting S$100 million ($80 million) - as part of an ongoing pivot to Asian venture capital.
Eight Roads leads $8m round for Japan's Port
Eight Roads Ventures Japan has led a JPY900 million ($7.9 million) round of funding for Tokyo-based online content developer Port.