Plans to reinstate tax breaks for Australian start-ups that issue share options to staff rather than pay sizeable salaries has cheered VC investors. They are generally positive about the government role in fostering innovation
Peer-to-peer (P2P) lending platform Moneyplace has ambitions to replicate in Australia what Lending Club has achieved in the US. Founded by a team of senior bankers 15 months ago, the business has yet...
Chinese gene therapy specialist Exegenesis Bio has received $20 million in Series B funding led by Legend Capital. It will be used to support clinical development of the company’s drug portfolio.
Alibaba Group has led a $300 million round for Chinese electric vehicle (EV) manufacturer Xpeng Motors. It comes barely two weeks after the company closed an extended Series C round of $500 million.
EDBI, the investment arm of Singapore’s Economic Development Board, has invested in Vesta, a US-based fraud and payment technology start-up with ambitions to expand into Asia.
Hana Financial has invested KRW100 billion ($85 million) in a portfolio of Korean waste to energy (WTE) projects controlled by Global Infrastructure Partners (GIP).