Articles by Justin Niessner
Quadria Capital backs Malaysian medical diagnostics provider
Healthcare-focused private equity firm Quadria Capital has made an investment of undisclosed size in Malaysian diagnostics services company Lablink.
Baring Asia sells Singapore education business to ICG
Baring Private Equity Asia has exited its 100% stake in Singaporean tertiary education institution PSB Academy to Intermediate Capital Group (ICG) for an undisclosed sum.
Profile: IvyCap Ventures' Vikram Gupta
Vikram Gupta, founder of IvyCap Ventures, helped shape India’s scholarly start-up ecosystem by interweaving a passion for entrepreneurialism with his roots in scientific academia
Singapore audience data business gets $12.5m
French private equity firm Jolt Capital has led a $12.5 million investment in Singapore-headquartered audience data aggregator and marketplace operator Eyeota.
Japan’s Folio gets $63m in extended Series A
A group of investors including Goldman Sachs have invested JPY7 billion ($63 million) in Japanese stock trading app operator Folio.
Japan's SBI sets up $450m AI-blockchain fund
SBI Investment, the VC arm of Japan’s SBI Holdings, has launched a JPY50 billion ($450 million) fund that will focus on artificial intelligence (AI) and blockchain technology.
Temasek leads Series C for China home automation player
Singapore’s Temasek Holdings has led a Series C round of undisclosed size for Rokid, a Chinese artificial intelligence (AI) developer focused on home automation devices.
Korean political crises present PE opportunities
A turbulent 2017 for South Korea in both domestic and international politics has complicated private equity agendas across a number of sectors, but GPs are tracking some positive aftereffects.
Space technology: Starship enterprises
Space technology is being democratized outside its historical geographic and institutional spheres of development. As private investors get on board, a new range of risks and rewards is coming into focus
Partners Group exits Australia cancer clinic
Partners Group has sold its entire 21% stake in Australia’s Victorian Comprehensive Cancer Centre (VCCC) to AMP Capital.
Singapore launches legal tech accelerator
Singapore’s Infocomm Media Development Authority (IMDA) is partnering with two state-sponsored academic institutions to launch a start-up accelerator focused on technology related to legal practices.
VCs invest $13m in Indian payroll services player
Niyo Solutions, an Indian financial technology company specialized in payroll services, has raised a $13.2 million Series A round from a group of VC firms, including Hong Kong’s Horizons Ventures.
Deal focus: VCs fuel Canva’s growth designs
Australia's Canva achieves a $1 billion valuation following a $40 million round led by Sequoia Capital China
Nissan, Mitsubishi, Renault set up $1b auto VC fund
Automotive giants Renault, Nissan Motor and Mitsubishi Motors have launched a venture capital fund that will invest $1 billion in advanced car technologies with a strong presence in Asia.
Baidu, Singapore's AMI launch $200m auto tech fund
Chinese internet giant Baidu has launched a $200 million fund with Singapore technology conglomerate Asia Mobility Industries (AMI) that will focus on autonomous driving and intelligent transportation.
Australia's Canva raises $40m, achieves $1b valuation
Australian graphic design platform provider Canva has raised a $40 million funding round led by Sequoia China. The investment values the company at $1 billion.
China's BaishanCloud gets $50m Series C
BaishanCloud, a Chinese data services company with a presence in the US, has closed a $50 million Series C funding round led by Alpha Capital and Chunjia Capital.
Global Brain backs $13m round for Japan's Base
Japanese venture capital firm Global Brain has led a JPY1.5 billion funding round for domestic online shopping start-up Base.
VCs invest $32m in China's HaploX Biotechnology
A group of investors including SBCVC and Kexin Capital have backed a $32 million funding round for China’s HaploX Biotechnology.
IFC invests $40m in Indonesian SME ecosystem
The International Finance Corporation (IFC) has invested $40 million in Indonesian lender Radana Bhaskara Finance as part of a support program for local small and medium-sized enterprises (SMEs).
China semiconductor fund agrees to invest $400m in local chip maker
State-backed private equity investor China Integrated Circuit Industry Investment Fund (IC Fund) has agreed to buy an approximately 19% stake in domestic computer chip maker Hua Hong Semiconductor for $400 million.
UK-based GP acquires Australia solar project
UK private equity investor Foresight Solar Fund (FSF) has taken a 100% interest in an Australian solar farm and a 49% interest in each of two related projects. It coincides with a A$55 million ($43 million) investment from Australia’s Clean Energy Finance...
INCJ joins $33m Series C for Japan's Megakaryon
Innovation Network Corporation of Japan (INCJ) has joined a JPY3.7 billion ($33 million) Series C funding round for Megakaryon, a domestic medical research company.
Orchid raises $1.3b for Fund VII – update
Orchid Asia has closed its seventh fund at $1.3 billion. The vehicle had initially targeted a final close of $900 million by November 2017.