Articles by Justin Niessner
Fosun leads Series C for Singapore's theAsianparent
Fosun RZ Capital, the VC arm of Fosun, has led a Series C round of undisclosed size for Singapore-based theAsianparent, which claims to be Southeast Asia’s largest mother-and-child online platform.
Affinity seeks exit from Virgin Australia frequent flyer business
Affinity Equity Partners has begun a process to exit its 35% interest in the frequent flyer business of Virgin Australia.
GGV co-leads $150m investment in China's Geek+
GGV Capital has co-led a $150 million Series C investment in Chinese industrial robotics maker Geek+ alongside US hedge fund investor D1 Capital Partners.
Samsung Ventures makes first India investments
Samsung Ventures has made its first Indian investments, committing $8.5 million across four local start-ups.
Southeast Asia exits: Greener pastures
Southeast Asia’s internal growth and rising appeal among global investors in recent years have fed expectations that PE and VC exits will follow. The logic is sturdy but detailed projections are elusive
SSG pursues recapitalization of Australia’s Retail Food Group
Australia’s Retail Food Group (RFG) has received a A$160 million ($111 million) recapitalization proposal from Asia-focused special situations investor SSG Capital Partners.
Horizons leads $35m round for India fintech player
Horizons Ventures has led a $35 million Series B round for Indian financial technology provider NiYo Solutions with support from Tencent Holdings.
OneVentures, AirTree in $15m round for Australia HR platform
Australia’s OneVentures and AirTree Ventures have joined online jobs marketplace Seek in a A$22 million ($15.3 million) Series C round for local human resources platform Employment Hero.
New Zealand opens $200m VC scheme to private managers
New Zealand has opened a NZ$300 million ($199 million) government-backed venture capital scheme to applications from domestic and international private fund managers.
EV Growth leads $14.5m round for Indonesian logistics player
EV Growth has led a $14.5 million Series A round for Indonesian logistics industry technology provider Waresix.
Indonesian logistics player Ritase gets $8.5m Series A
Ritase, an Indonesian technology provider for the trucking industry, has raised an $8.5 million Series A round led by Golden Gate Ventures.
Japanese autonomous driving start-up Tier IV raises $100m
Japanese autonomous driving technology developer Tier IV has raised $100 million in Series A funding from a group of investors including Jafco.
Goodwater, Mitsubishi lead Series B for Japan fintech player
US venture firm Goodwater Capital and Mitsubishi UFJ Capital have co-led a JPY1.5 billion ($14 million) Series B round for Japanese financial technology provider Kyash.
Next to buy Australia hospitality equipment business
Australia’s Next Capital has agreed to privatize local hospitality industry equipment provider Silver Chef in a deal worth at least A$27 million ($19 million).
Golden Equator to launch $200m SE Asia mezz fund
Singapore’s Golden Equator has punctuated a spate of fundraising activity with confirmation it will launch a $200 million mezzanine and private debt fund for growth-stage companies in Southeast Asia.
Japan's JBIC backs $788m Russian chemicals project
The Japan Bank for International Cooperation (JBIC) has teamed up with the Russian Direct Investment Fund (RDIF), a sovereign wealth fund, to invest at least RUB50 billion ($788 million) in a chemical complex in western Russia.
Japan's TDK sets up VC arm, $50m fund
Japanese electronics giant TDK Corporation has established a venture capital unit with the launch of a $50 million fund that will focus on early-stage start-ups.
China-US decoupling: Silicon curtain
Evidence is mounting that US and Chinese ecosystems for advanced technologies are careening toward an antagonistic decoupling. Investors are philosophical and pragmatic
Oman's Jabreen Capital buys stake in EastBridge
Oman-based private equity firm Jabreen Capital is expanding into Southeast Asia with the acquisition of a stake of undisclosed size in the Singapore division of Korean counterpart EastBridge Partners.
China GPs back US health-tech player in $22m Asia push
China’s 6 Dimensions Capital and Yonghua Capital have joined a $22 million Series C round for US-based Ultivue that will help the medical technology developer expand into Asia.
Australia's CEFC to invest $70m in clean energy fund
Clean Energy Finance Corporation (CEFC), a renewables-focused investor backed by the Australian government, has agreed to commit up to A$100 million ($70 million) to a new fund.
HSBC closes $250m global PE fund
HSBC has closed a $250 million private equity fund that will make primary, secondary and direct co-investments across multiple geographies, sectors and strategies.
Indonesia’s KoinWorks raises $12m Series B
Indonesian P2P lending platform KoinWorks has raised S$16.5 million ($12 million) in Series B funding led by EV Growth and Quona Capital.
India's Unacademy secures $50m Series D
Indian education platform operator Unacademy has closed a $50 million Series D round from a group of investors including Sequoia Capital India.