Singapore-based VC firm Beenext Capital Management has raised $160 million across two funds that will invest in start-ups in Japan and emerging markets.
LPs include US institutions, Japanese corporations, family offices, and individual investors. Beenext Emerging Asia Fund is a $110 million vehicle that closed above its target. A separate $50 million fund...
Meishubao, China’s leading online art education platform, has raised $40 million in an extended Series C round led by Tencent Holdings.
Kuaidian, a Chinese interactive content provider, has raised close to $100 million in Series C funding led by Sequoia Capital China. Existing investors GGV Capital and Morningside Venture Capital re-upped.
Warburg Pincus will sell an approximately 5.5% interest in Hong Kong-listed IVF services provider Jinxin Fertility for about HK$1.5 billion ($194 million) through a share placement.
CLSA, the international arm of China-based brokerage CITIC Securities, has launched a strategy to offer high net worth clients investment opportunities in late-stage private companies in Asia.