Sequoia Capital China and Matrix Partners have joined a $20 million round for Chinese financial technology provider QFPay.
MDI Ventures, the VC arm of Telkom Indonesia, also participated, alongside Japan’s Rakuten Capital and United Arab Emirates-based VentureSouq. QFPay’s operational footprint includes 12 Asia Pacific...
Conservative sovereign wealth investors are increasingly comfortable making direct commitments to venture-oriented technology companies. The strategy appears to suit them but remains to be validated
01VC has secured institutional LP support for its second fund, which closed at $100 million. The early-stage investor plans to deploy it across industrial and enterprise deals in China and Southeast Asia
Singapore hotel management and booking platform RedDoorz has raised $70 million in Series C funding less than a month after closing a $45 million Series B.