DTCP, a Germany-based VC firm controlled by Deutsche Telekom and Korea’s SK Telecom, has opened its first Asian office in Seoul.
It follows the close of the firm’s second early to growth-stage fund in June at $350 million with LP support from Deutsche Telekom and SK Telecom, as well as HarbourVest Partners, Neuberger Berman, and...
Increased climate change awareness on a corporate level is leading to more investment – either direct or through funds – in start-ups that offer mitigation solutions. Asia is a key geography
Healthcare-focused Panacea Venture has led a $40 million Series C round for China’s XWPharma, a neurobiology-focused biotech developer previously known as XW Laboratories.
Kyee Technology, a Chinese digital medical platform has raised RMB430 million ($64 million) in a Series D round led by Tencent Holdings. Other investors include Longmen Capital, Dyee Capital and Royal Sea Capital.
Biocytogen, a Chinese contract research organization (CRO) that provides genetically-modified mice for drug testing, has raised RMB970 million ($143 million) in an extended tranche of Series D funding.