Korea’s Stonebridge Ventures has led a $13.5 million investment in CoHive, an Indonesian co-working space operator previously known as EV Hive that spun out from East Ventures.
The investment marks a first close for the company’s Series B round and the unveiling of the rebrand. Kolon Investment, Stassets Investment, and H&CK Partners also contributed. It will support an expansion...
Indonesia’s Kejora Ventures and Korea’s InterVest have jointly led a $30 million Series B investment in Malaysian drone technology supplier Aerodyne.
Tencent Holdings, JS Capital, Tiger Global Management, and Prime Venture Partners have provided a $56 million Series B round to India’s MyGate, a security app for gated communities.
Ansun BioPharma, a US-based drug developer led by a former executive at healthcare-focused VC firms Caduceus Asia Partners and OrbiMed, has raised $80 million in Series B funding from a predominantly Chinese investor base.
US-based mid-market buyout firm Cornell Capital has made its first investment in Asia with a commitment to Taiwan-headquartered cable manufacturer Lorom Holding.