Hot Life, a Chinese online-to-offline food brand that sells spicy crayfish, has completed a RMB140 million ($21 million) Series B round led by Banyan Capital. Matrix Partners and N5 Capital also participated.
Hot Life, also known as Relashenghuo in Chinese, was founded by Beijing-based restaurant chain Spice Spirit in 2011. Early operations focused on selling spicy crayfish online but have since expanded into...
Rob Kaplan is CEO of Singapore’s Circulate Capital, which is dedicated to reducing oceanic plastic pollution. Its $150 million debut fund is backed by the likes of Coca-Cola, PepsiCo, and Unilever
Australia’s Blackbird Ventures has raised A$500 million ($357 million) for its fourth fund and named Atlassian co-founder Mike Cannon-Brookes as chairman.
Yaoyanshe, a Chinese contract research organization (CRO) for novel drugs, has raised RMB600 million ($86 million) across two rounds in the past eight months.
MyGlamm, an online Indian cosmetics brand, has agreed to acquire POPxo, a women-focused content platform, for an undisclosed sum. Both companies have several VC backers.