Global Brain has led a JPY8.5 billion ($7.8 million) Series A round for Connected Robotics, a Japanese robotics developer that specializes in cooking.
500 Startups Japan – now known as Coral Capital following a spin-out earlier this year – also took part in the round, as did the corporate venture arms of Sony Corporation and Mitsui Fudosan, and the...
Beijing-based MSA Capital and Al Salam Bank-Bahrain have set up a $50 million VC fund that will target cross-border opportunities between China and the Middle East and North Africa (MENA) region.
Singapore-based online consumer-to-consumer marketplace Carousell has merged with the Southeast Asia subsidiary of Norwegian telecommunications giant Telenor Group.
China Reform Holdings, a state-owned fund manager with RMB700 billion ($100 billion) in assets under management, has launched a RMB50 billion fund that will make investments in the security industry, with a particular focus on technology-enabled services.
Chinese bitcoin mining equipment manufacturer Canaan experienced a volatile first day of trading on NASDAQ after raising $90 million in a smaller-than-expected IPO.