Edianzu, a Chinese start-up that rents out computers and other office equipment to corporate customers, has raised $60 million in Series D funding led by existing investor Source Code Capital.
An unnamed sovereign wealth fund also took part in the round. Source Code led a $32 million Series C for Edianzu in March, alongside Shunwei Capital, Matrix Partners China, Angel Plus and Koala Fund....
Chinese gene therapy specialist Exegenesis Bio has received $20 million in Series B funding led by Legend Capital. It will be used to support clinical development of the company’s drug portfolio.
Alibaba Group has led a $300 million round for Chinese electric vehicle (EV) manufacturer Xpeng Motors. It comes barely two weeks after the company closed an extended Series C round of $500 million.
EDBI, the investment arm of Singapore’s Economic Development Board, has invested in Vesta, a US-based fraud and payment technology start-up with ambitions to expand into Asia.
Hana Financial has invested KRW100 billion ($85 million) in a portfolio of Korean waste to energy (WTE) projects controlled by Global Infrastructure Partners (GIP).