Consumer-focused GP ClearVue Partners and US-listed TAL Education Group have jointly led a $55 million Series D round for Changingedu, a China-based education platform that connects teachers and students.
Existing investors Trustbridge Partners, Sequoia Capital China, IDG Capital and Frees Fund also took part. The company plans to use the fresh funding to develop its online platform and education curriculum,...
The Blackstone Group has agreed to invest $400 million in YiChang HEC Changjiang Pharmaceutical (HEC Pharm), a Chinese drug developer listed in Hong Kong, through a convertible bond issuance.
Silicon Valley-based seed-stage accelerator Y Combinator (YC) has chosen Qi Lu, the former group president and COO of search giant Baidu, as the founding CEO of its China branch, YC China.
Singapore’s Golden Equator has launched an accelerator in Brunei aimed at helping local small to medium-sized enterprises (SME) expand across Southeast Asia.
Clobotics, a China and US-based computer vision start-up backed by a number of venture capital firms, has raised $11 million in Series A funding.