Venture
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Samsung launches $150m global VC fund
Korean tech giant Samsung Electronics has launched a $150 million global venture capital fund via its US-based incubation and acceleration unit.
Israel's Yozma to invest $41m in Korean health tech start-ups
Israeli venture capital firm Yozma Group has agreed to invest KRW50 billion ($41.4 million) in Korean biotechnology and healthcare start-ups, starting in the first half of 2017.
H Capital joins $273m round for HNA's travel finance unit
H Capital has participated in a Series B-plus round of funding worth RMB1.9 billion ($273 million) for E-life Finance, the travel financial services unit of Chinese conglomerate HNA Group.
Taiwan’s Next Entertainment gets $25m Series A round
Taiwan-based live broadcasting platform New Entertainment has raised $25 million in Series A funding led by Chinese video streaming app Inke.
China truck logistics platform Huochebang raises $115m
Chinese online truck logistics platform Huochebang has raised $114.68 million in an initial Series B round of funding led by the International Finance Corporation (IFC) and All-Stars Investment.
AVCJ Awards 2016: Venture Capital Professional of the Year: Shailendra Singh
Shailendra Singh, managing director at Sequoia Capital India, discusses the long-term thinking in emerging markets’ rapidly changing tech ecosystems
AVCJ Awards 2016: Deal of the Year - Early Stage Tech: Zai Lab
Zai Lab has carved a niche licensing pre-clinical findings from the West for development into drugs in China, but its ambitions are global. Several VCs have faith in the project
Everbright-IDG fund commits $72m to China e-commerce app
China Everbright (CEL) and IDG Capital Partners have completed a RMB500 million ($72 million) investment in Daling, which operates a Chinese mobile shopping recommendation app targeted at women.
India's VC-backed Practo acquires US analytics start-up
Indian clinic management software developer and doctor search portal Practo, which is supported by several VC investors, has acquired US-based analytics firm Enlightiks.
Korea’s Memebox gets extended Series C round
South Korean beauty products e-commerce company Memebox has raised another $60 million in an extended Series C round of funding.
JD.com spin-out launches $500m China VC fund
GenBridge Capital, a venture capital firm whose founders include two members of Chinese online retailer JD.com’s M&A team, is seeking to raise $500 million for its debut China fund.
Epsilon leads $23m round for India's Pi Datacenters
Epsilon Venture Partners has led a INR1.5 billion ($23 million) Series A round for Indian data center and cloud service provider Pi Datacenters.
CDH leads $120m round for China AI player Sense Time
CDH Investments has led a $120 million Series B round of funding for Sense Time, a Chinese artificial intelligence (AI) and deep learning technology start-up.
Omidyar leads $10m Series B for India's Indifi
Omidyar Network has led a $10 million Series B round for Indian small business financial services provider Indifi.
India's Ofbusiness gets $11m round led by Zodius
Zodius Capital has led a INR750 million ($11.1 million) Series B round for Indian online marketplace Ofbusiness.
Japan's Global Brain targets $174m for sixth fund
Japanese venture capital firm Global Brain has launched its sixth fund, targeting JPY20 billion ($174 million), which will be deployed in domestic technology companies.
Three GPs chosen to manage Australia biomedical fund
OneVentures, Brandon Capital and BioScience Managers have been selected to manage the Australian government’s A$500 million ($375 million) Biomedical Translation Fund (BTF).
Australia's GO1 raises $3m for global push
Australia-based education technology start-up GO1 has received a A$4 million ($3 million) round of funding from a group of domestic and US VCs for its expansion efforts in Asia, North America and Europe.
Taiwan's Wistron, Fenox launch $20m VC fund
Taiwan-based IT hardware manufacturer Wistron has partnered with US investor Fenox Venture Capital to launch a $20 million fund to help international technology start-ups access Asian markets.
Taiwan’s KKday receives $7m bridge round
Taiwan-based travel website operator KKday has extended its Series A round of funding with a $7 million investment co-led by domestic accelerator AppWorks and Singapore’s Monk’s Hill Ventures.
Eight Roads leads $12m Series B for India's Core Diagnostics
Eight Roads Ventures has led a $12 million Series B round for India-based medical diagnostics services provider Core Diagnostics.
Taiwan's Appier raises $19.5m in Series B funding
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 leads $4m round for IndiaLends
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.
Tsing Capital, SVC Angel back US-China IoT platform
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.