Shenzhen Capital Group has led a RMB100 million ($16 million) Series A round of funding for Mofang.com, a Chinese mobile gaming reviews site, with participation from Matrix Partners.
Greater China | 26 Jan 2015 |
Singapore start-up hub JTC LaunchPad @ one-north – better known to many as Block 71 – has been expanded to accommodate 500 companies and 35 incubators, with plans to create space for 250 more.
Venture | 26 Jan 2015 |
Banyan Capital, a China-focused VC firm that spun out from IDG Capital Partners, has closed its second US dollar-denominated fund at $362 million.
Greater China | 23 Jan 2015 |
Capital Today and New Horizon Capital have led a $100 million Series C round for Beibei.com, a Chinese online discount retail platform for maternity and baby products. Existing investors Banyan Capital and IDG Capital Partners also participated.
Greater China | 23 Jan 2015 |
Japan’s Mitsui Global Investment and Dolby Family Ventures have together invested $12 million in cloud-based, clinical study software start-up goBalto.
North Asia | 22 Jan 2015 |
High-powered alliances are forming in China’s mobile taxi-booking space around Kuaidi Dache and Didi Dache as part the ongoing battle between the big internet companies. What does it mean for VC investors?
Technology | 21 Jan 2015 |
Facebook co-founder Eduardo Saverin and Singapore-based Velos Partners have committed $11 million in Series B funding to Indian babywear and kidswear retailer Hopscotch.
Venture | 21 Jan 2015 |
China-focused PE fund manager JD Capital, Tongxin Securities Direct Investment and Shenzhen Jidi Xintian Venture Capital have invested in a Series A round of funding for 91Wutong, a Chinese online finance platform.
Greater China | 20 Jan 2015 |
PremjiInvest has led a Series C round of funding for Amagi Media Labs, a Bangalore-based firm that facilitates targeted television advertising based on geography.
South Asia | 20 Jan 2015 |
Chengwei Ventures, SIG Ventures and Qiming Venture Partners have led a $100 million Series B round of funding for Apus, a Beijing-based company that has developed a suite of products intended to speed up Android operating systems.
Technology | 19 Jan 2015 |
SoftBank China Venture Capital (SBCVC) has led a Series B round of funding worth $20 million for Xuexibao, a Chinese online education platform. Existing investor GSR Ventures also participated.
Consumer | 19 Jan 2015 |
Solvanix, an Australian early-stage biotech company that has developed a technology for improving drug stability, has received A$2 million ($1.6 million) in seed funding from the Medical Research Commercialization Fund (MRCF).
Healthcare | 19 Jan 2015 |
Tiger Global has a led a $100 million Series C round of funding for Clues Network, the US parent of Indian e-commerce platform ShopClues.
Venture | 19 Jan 2015 |
Meituan.com, a Chinese group-buying site backed by Alibaba Group and several venture capital firms, has raised $700 million in a new funding round from undisclosed investors.
Greater China | 19 Jan 2015 |
Treasure Data - a Silicon Valley-based big data start-up founded by two Japanese entrepreneurs - has raised a $15 million Series B round of funding led by Scale Venture Partners with participation from AME Cloud Ventures.
Venture | 16 Jan 2015 |
Updating your subscription status
The outlook for the Australasian market is positive as a record number of IPO exits have provided strong returns for investors and has proven that PE can outperform listed equities and compete with global divestment figures. Fundraising in terms of dollar value has been high but the number of PE funds successfully raising new commitments has declined as investors flock to the best in class.
This is an intriguing time for Australasian PE as the industry continues to mature. GPs must evolve, diversify and display skills to drive value in a low-growth environment and justify future commitments when competing on a global state by achieving world-class results from current deals and exits.
4-6 March 2015, The Westin, Sydney
The AVCJ Indonesia Forum is back for a fourth year! Mark your calendars now and join us on March 24th, 2015 in Jakarta at Indonesia's longest running, largest and most prestigious industry gathering.
The market is relatively optimistic as a new government that is viewed favourable to a balanced investment arena is introduced and we see an increase in deal activity. The hopes for a flourishing PE market amid the euphoria of 2012 has not yet been realised but the potential is still present and now may well be the time for the country to take off in its own right and increase its reputation as THE hot market in Southeast Asia.
24 March 2015, Grand Hyatt, Jakarta