VCs commit $15m to Japanese AI specialist
A group of venture capital firms, including SBI Investment, have invested $15 million in a Series B round for Cinnamon, a Japanese artificial intelligence (AI) company focused on office automation.
Sony Innovation Fund, SMBC Venture Capital, FFG Venture Business Partners, Sparx Group, and a VC fund managed by Nomura Holdings also made contributions, while a debt component was provided by Sumitomo...
More on North Asia
Latest News
China-US tensions: Foggy flashpoints
Rhetoric shaping the debate over China's ambitions to become the prime mover in global technology - and what the US could do in response - reflects the geopolitical significance of the issue. Private equity investors are not immune to its impact
Novo Tellus buys stake in data center equipment supplier
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 completes final exit from debut fund
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 buys Chinese data center services business
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).