Blackbird Ventures has closed its third Australian VC fund with A$261 million ($193 million) in commitments, split between a core investment vehicle and a top-up fund.
The venture capital firm hit the $100 million hard cap on the core vehicle in April, having originally targeted A$75 million. The top-up fund reached a first close of A$125 million at the same time. The...
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.