The venture capital division of South African media firm Naspers has invested $5 million in Coins, a US-founded blockchain and financial technology company operating in the Philippines.
The investment is aimed at consolidating Coins’ presence in the Southeast Asia payments services space. The company claims to have signed up more than one million customers in the region to date, with...
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.