Hong Kong travel services company Klook has closed a $200 million Series D funding round from a group of investors including Sequoia Capital China, Matrix Partners, and Goldman Sachs.
Additional participants included Boyu Capital, TCV, OurCrowd, an Asian sovereign wealth fund, and a number of unspecified family offices. The investment brings Klook’s total capital raised to $300 million...
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.