Japan-based news app SmartNews has closed its Series E round at $92 million with contributions from Japan Post Capital and Globis Capital Partners.
Local private equity firm ACA Investments and strategic investors Dentsu and Hakuhodo DY Group also participated. Finalization of the round comes after an initial investment of around $29 million in August...
Newlink Group, operator of a platform that helps drivers in China locate the best value gas stations, has raised a RMB900 million ($128 million) Series D round led by China Capital Investment Group. Xiaomi Corporation also participated.
Chinese biotech start-up Harbour BioMed has raised $102.8 million in Series C funding. It comes four months after it closed an extended Series B round of $75 million.
Vietnam’s VinaCapital and Japan’s Daiwa PI Partners are poised to make a partial exit from Vietnamese dairy producer International Dairy Products (IDP).
BlueCity Holdings, the VC-backed holding company for Chinese gay dating platform Blued, traded strongly after raising $84.8 million through a NASDSAQ IPO.