Shanghai-based Nasn Automotive, a manufacturer of vehicle wiring and brake systems, has raised RMB400 million ($60 million) in a Series B round of funding led by Matrix Partners China.
Founded in 2016, Nasn claims to be the only manufacturer in China that can control the entire process of mass producing smart wiring systems for new energy and autonomous cars. Its main products include...
As Grab and Go-Jek accumulate war chests to finance their battle for leadership in Indonesia’s online services space, the greatest benefit could go to the next generation of local technology entrepreneurs
CleanMax Solar, an Indian solar power developer with several PE backers, has raised INR2.75 billion ($39 million) from UK Climate Investments (UKCI), a renewable energy investment platform managed by Macquarie Infrastructure and Real Assets.
RWDC Industries, a Singapore-based materials developer focused on biodegradable plastics, has raised $22 million from a group of investors including Vickers Venture Partners.
Tencent Holdings has led a Series C round for China-based Tangdou, a social media platform targeting senior citizens. Other participants include GGV Capital, Shunwei Capital and IDG Capital.