Newly established Australian venture capital firm King River Capital has confirmed the launch of its debut fund and two initial investments.
The firm said it has secured a first close with contributions from Australian, US, Asian, and European investors. It did not disclose the amount raised. The fund will back 15-20 technology companies with...
Australian graphic design start-up Canva has raised $70 million from investors including US-based General Catalyst and Bond Capital, the new vehicle of Silicon Valley veteran Mary Meeker. It values Canva at $2.5 billion.
India’s Everstone Group has hired Suresh Vaswani (pictured), a former executive at Wipro, Dell, and IBM, as a senior director focused on investments in information technology (IT).
Sanjieke, a China-based vocational training services provider, has raised an RMB130 million ($19 million) in a Series B round of funding led by Wu Capital.