Tuanche, a VC-backed Chinese online auto services platform that specializes in group buying, raised $20.3 million in its US IPO after pricing its shares towards the low end of the indicative range.
The company – which counts K2 Ventures, Highland Capital Partners, and Bertelsmann Asia Investments (BAI) – among its investors, sold 2.6 million American Depository Shares (ADS) for $7.80 apiece,...
Novo Tellus Capital Partners has invested S$12 million ($8.8 million) in Procurri, a Singapore-listed provider of IT services and data center equipment.
Australia’s Anacacia Capital has realized the final exit from its debut fund with the sale of its majority stake in workplace equipment provider RIS Safety to domestic investor Bricktop Group.
Bain Capital has acquired a majority interest in the data center construction and maintenance division of Shenzhen-listed NetScience Technology for RMB990 million ($147 million).
Shukun, a Chinese company that provides artificial intelligence (AI) technology used in the treatment of cardiovascular diseases, has raised RMB200 million ($29 million) in a Series B round led by China Creation Ventures.