A number of political factors have positioned Asia Pacific to be a global leader in internet-of-things development. Investors must now navigate an unwieldy field of technologies, markets and social drivers
Richard Coon, a director and co-founder at private equity-backed New Zealand insurance provider Partners Life, has launched a new domestically facing venture group known as Angel Investors Marlborough (AIM).
Singapore-government backed Spring Seeds Capital has committed S$100 million ($73 million) to an investment program targeting domestic start-ups developing high-end technology.
AirTree Ventures has led a A$13 million ($10.1 million) Series B round of funding for Expert360, an Australia-based online marketplace that connects small companies with independent consultants.
Astroscale, a Singapore-based satellite technology company focused on removing hazardous debris from orbit, has raised a $25 million Series C round with participation from a number of Japanese venture firms.
Singapore’s Raffles Venture Partners has led a Series A funding round for domestic travel start-up BeMyGuest that brings the company’s total equity funding to S$11.5 million ($8.4 million).
Geek+, a Chinese manufacturer of robots for use in logistics and warehousing, has received $60 million in Series B funding led by Warburg Pincus. Several existing investors, including Volcanics Ventures, also participated.
GGV Capital has led a $10 million Series A funding round for Yamibuy, a US-based e-commerce player focused on Asian snacks, beauty products, health supplements and home appliances.
Kalaari Capital and Nexus Venture Partners have committed $8.5 million in Series A funding to Indian online grocery marketplace Jumbotail.
Several venture capital firms have backed a $26 million investment in Funfair, a Singapore-based company that uses blockchain technology to operate an online cryptocurrency casino.
Floadia, a Japan-based company specializing in microchip memory technology, has closed a JPY1.6 billion ($14.1 million) Series B fund round from a number of Taiwanese, Japanese and US venture capital firms.
Alibaba Group has led a $700 million Series E round of funding for Chinese bike-sharing start-up Ofo – less than a month after Tencent Holdings led a Series E of $600 million for Mobike, the company’s closest rival.
Indian used-car trading marketplace Droom has raised a $20 million Series C round from investors including Lightbox India Advisors and Beenos Asia.
Chinese B2B steel-trading platform Zhaogang.com has received RMB500 million ($74 million) from existing investors China Renaissance Private Equity Fund and West Fund, as well as the Russia-China Investment Fund (RCIF).
US cleantech start-ups have emerged as important suppliers in China’s fast-growing electric vehicle industry. Venture capital firms will play a key role in keeping the cross-border traffic flowing
Chinese capital is chasing deals in America’s technology space, but success in Silicon Valley requires a long-term commitment. Does the new breed of US-born Chinese VCs have the right cross-border strategy?
Razer, a manufacturer of gaming peripherals such as headphones, joypads and mice, has filed for a Hong Kong IPO. The company, which was co-founded by a Singaporean but is based in the US, has numerous venture capital backers.
Tsing Capital, a Chinese venture capital firm focused on environmental technologies, has launched its fifth flagship fund with a target of $300 million.
Gome Holding Group, one of China's largest electrical appliance retailers, has invested RMB216 million ($31 million) in a Series C round of funding for Ikongjian.com, a VC-backed online-to-offline (O2O) interior design platform.
Zai Lab, a pharmaceutical company that licenses pre-clinical findings in the West for development into drugs in China, has received $30 million in Series C funding led by existing investor OrbiMed.
Having previously distanced itself from mainstream e-commerce players, luxury online fashion retailer Farfetch has received $397 million from JD.com with a view to entering the China market
Gordian Capital, a Singapore-based asset manager, has confirmed Beenext Capital Management as its second venture capital spin-out this week.
Emerging Markets Investment Advisors is backing iCare Benefits to develop workable credit schemes for low-income consumers in Southeast Asia through partnerships with employers and product suppliers
Zombie companies present a special challenge for VC investors, whose exit goals may not match the aims of the founders. Successful GPs will try to ensure a positive experience for all parties