Nreal, a China-based company that makes advanced virtual reality glasses that resemble normal sunglasses, has raised $15 million in Series A funding from investors including Shunwei Capital.
Other backers include China Growth Capital, Aplus Capital, smart robotics developer Siasun, and video streaming company iQiyi. The investment coincides with plans to realize the first product shipments...
A rebound in China-based activity took Asia private equity investment to a record USD 105.3bn in the fourth quarter, ensuring that 2021 represents a new high watermark for the industry.
EverSource Capital has reached a final close of USD 741m on what is being called India’s largest climate impact fund.
Dishangtie Car Rental, a Shenzhen-based electric vehicle (EV) rental service, has raised a USD 200m Series D round across two tranches featuring CICC Capital.
Quona Capital, Lightrock India, and Asia Impact SA have co-led a USD 60m Series C round for Indian agriculture technology platform Arya.