Japan’s Base Food, a company that produces packaged meals that are said to be nutritionally complete, has raised JPY400 million ($3.7 million) in Series A funding from a group including Global Brain.
Global Brain participated via its sixth fund, which was launched in 2016 with a target of JPY20 billion. Rakuten Ventures, XTech Ventures, and a number of unspecified angel investors also contributed....
Trax, a Singapore-based developer of retail computer vision and analytics solutions with several private equity backers, has acquired US-based shopping rewards app developer Shopkick for an undisclosed amount.
Chinese art education platform Yiqi Technology Group has raised $40 million in the first tranche of a Series C round led by Tencent Holdings. It is said to be the largest-ever funding round for a start-up in this space.
Australia’s Square Peg has secured two new superannuation fund backers for its second fund, which has closed at A$340 million ($237 million).
JD Logistics, the delivery unit of Chinese e-commerce giant JD.com, has reached a first close on a renminbi-denominated fund that invests in smart logistics and related technologies. The full target for the vehicle is RMB1.5 billion ($218 million).