China’s Shunwei Capital Partners has made its first investment in India, contributing $3 million to the second tranche of a Series A round for used car trading platform Truebil.
Operated by Paix Technology, Truebil was founded in March 2015 by former employees at property portal Housing.com and online lifestyle store Fab.com. It connects car-owners to prospective buyers, relying...
The government of Shenzhen, China has launched a VC fund with an initial corpus of RMB500 million ($79 million) to invest in blockchain start-ups in the city.
Sequoia Capital China and Serica Partners have co-led an $11 million Series A round for US-based molecular diagnostics start-up NuProbe.
Shenzhen Capital has joined a $30 million Series C round for US-based 3D printing company Formlabs that will support an expansion effort in China and Asia.