N5 Capital, a Beijing-based venture capital firm, has launched its debut US dollar-denominated fund.
The N5 Capital Fund I has a target of $200 million, according to a filing. The firm was founded by Will Jiang, a former vice president of strategy at US-listed NQ Mobile, a Chinese mobile security software...
Fiture, a Chinese developer of artificial intelligence-enabled home fitness devices, has raised $300 million in Series B funding led by All-Stars Investment, Legend Capital, DST Global, and Coatue Management.
Arrail Group, one of China’s largest dental services providers, has raised close to $200 million in Series E funding led by Temasek Holdings.
TuSimple, a China and US-based developer of autonomous driving technology for trucks, traded flat on debut following a $1.35 billion IPO at a market capitalization of $8.5 billion.
Alpha JWC Ventures is targeting $250 million for its third Indonesia-focused venture capital fund, with the International Finance Corporation (IFC) proposing a commitment of up to $20 million.