Vertex Ventures China has led an initial Series C round of funding worth $50 million for Guoxiaomei, a self-service smart shelf operator.
This is the first funding round for Guoxiaomei after it merged with rival service Fanqiebianli three months ago. Existing investors IDG Capital and BlueRun Ventures also re-upped, Limin Yan, founder and...
Abu Dhabi Investment Authority (ADIA) has agreed to invest INR 6.6bn (USD 83.5m) in India’s Aditya Birla Health Insurance (ADBHI) for a 10% stake.
Bain Capital has won board approval from Net Marketing, a Tokyo-listed online advertising and media management business, for a take-private that values the company at approximately JPY 13.6bn (USD 102m).
Insilico Medicine, a China-based artificial intelligence-driven drug discovery company, has closed the second tranche of its Series D round on USD 35m, with Prosperity7 Ventures taking the lead.
Singapore’s Merkle Science, a predictive crypto analytics platform, has raised USD 24m in Series A funding led by K3 Ventures, Darrow Holdings, and Beco Capital.