DataCloak, a Shenzhen-based data security start-up that employs the zero-trust approach, has raised $13 million in Series A funding led by Jeneration Capital.
Other investors include Co-Stone Asset Management, Green Pine Capital Partners and Matrix Partners China. The company received a $5 million Pre-Series A in 2018 led by Matrix. Founded in 2018 by a former...
Chinese gene therapy specialist Exegenesis Bio has received $20 million in Series B funding led by Legend Capital. It will be used to support clinical development of the company’s drug portfolio.
Alibaba Group has led a $300 million round for Chinese electric vehicle (EV) manufacturer Xpeng Motors. It comes barely two weeks after the company closed an extended Series C round of $500 million.
EDBI, the investment arm of Singapore’s Economic Development Board, has invested in Vesta, a US-based fraud and payment technology start-up with ambitions to expand into Asia.
Hana Financial has invested KRW100 billion ($85 million) in a portfolio of Korean waste to energy (WTE) projects controlled by Global Infrastructure Partners (GIP).