Japan Post Investment Corporation (JPIC) has backed a $33 million Series C round for Atonarp, a Tokyo-based molecular diagnostics systems developer that uses artificial intelligence (AI).
Tala, a US financial technology provider looking to expand its microlending operations in India, has raised a $110 million Series D round from a group including PayPal Ventures.
Fresh from raising a $51 million Series C round, Uniphor's founder argues that artificial intelligence will become as much about quality of engagement as back-end efficiency
Global Brain has led a $7.8 million round for Idein, a Japanese technology developer focused on systems for device-level data processing, also known as edge computing.
East Ventures has closed its sixth fund for early-stage Southeast Asian start-ups at $75 million. It had initially targeted $30 million.
China’s Ping An Insurance has co-led a $72.5 million Series D round alongside Goldman Sachs for US artificial intelligence (AI) developer H2O with a view to expanding its Asian operations.
Vulcan Capital, a US-based venture investor set up by Microsoft co-founder Paul Allen, has opened a Singapore office and earmarked $100 million for investment in Southeast Asia.
Conservative sovereign wealth investors are increasingly comfortable making direct commitments to venture-oriented technology companies. The strategy appears to suit them but remains to be validated
Singapore hotel management and booking platform RedDoorz has raised $70 million in Series C funding less than a month after closing a $45 million Series B.
Australia’s Private Equity Partners (PEP) has agreed to pay A$340 million ($230 million) for the Asia Pacific division of US automotive industry equipment supplier Horizon Global.
The venture capital arm of Vietnam’s VinaCapital has invested an undisclosed sum in local logistics technology start-up An Vui.
Twitter has led a $100 million round for Indian social networking platform ShareChat with support from private equity investor Trustbridge Partners.
Singapore’s GIC Private has agreed to acquire an unspecified number of data centers in China through a partnership with specialist developer GDS Holdings.
Korea’s Pavilion Private Equity has agreed to acquire a controlling stake in domestic firefighting equipment maker Paratech for about KRW65 billion ($54 million).
Asian VCs have backed a $51 million Series C round for Uniphore, an India and US-based artificial intelligence (AI) developer focused on speech recognition.
Sequoia Capital China and Matrix Partners have joined a $20 million round for Chinese financial technology provider QFPay.
China’s 01 Venture Capital (01VC) has closed its second US dollar-denominated fund for early-stage investments with $100 million in commitments.
Naspers has led a $125 million round for Indian e-commerce platform Meesho with support from Facebook and a number of existing VC investors.
Kleiner Perkins and Aspex Management, a pan-Asia investor founded in Hong Kong last year, have led a $64 million round for Korean financial technology start-up Viva Republica.
Partners Group has made an investment of undisclosed size in an Australian wind power project. It is the firm’s fourth wind farm investment in the country in three years.
Women remain underrepresented in start-up ecosystems across Asia, but for those who have taken the plunge, there is potential to make a social impact that transcends their respective target markets
Shares in AMTD International, a PE-backed division of Hong Kong financial advisor AMTD Group, traded as much as 28% above initial pricing following a $174 million IPO on the New York Stock Exchange.
Novo Holdings, a Danish venture and growth equity investor focused on life sciences, has provided $72 million in Series E funding to LanzaTech, a US carbon recycling specialist with a significant Asia presence.
UK government-backed development finance institution CDC Group has led a $21 million round for Indifi Technologies, a company that facilitates loans for small to medium-sized enterprises (SME) in India.