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....
The Overseas Private Investment Corporation (OPIC), a development finance arm of the US government, will invest $185 million in India’s small to medium-sized enterprise sector.
500 Startups has teamed up with a unit of the United Nations to launch an impact-focused start-up accelerator in Indonesia.
Qiming Venture Partners has led a $37 million Series B round for Insilico Medicine, a Hong Kong-based drug development company that uses artificial intelligence (AI).
Texas County & District Retirement System (TCDRS) has committed up to $100 million to Baring Private Equity Asia’s seventh pan-regional fund.