Israeli VC firm Carmel Ventures has reached a $194 million final close on its latest VC fund with participation Chinese tech giants Baidu and Qihoo360 as well as insurer Ping An Group.
Carmel Ventures IV also received commitments from global institutional investors such as Horsley Bridge Partners, as well as a significant number of re-ups. The fund, like its predecessors, will focus...
China’s MSA Capital has joined a $30.5 million round for Saudi Arabian B2B services marketplace Sary as part of a deepening Asia-Middle East agenda.
Huoban.com, a Chinese zero-code application building platform has raised $17 million in Series B funding led by 5Y Capital and Sequoia Capital China. Challenjers Capital also took part in the round.
Apollo Management has submitted a A$4 billion ($3.1 billion) bid for the wagering and media and gaming services businesses of Tabcorp Holdings, Australia’s largest gambling company.
David Swensen, head of the Yale University endowment who pioneered a new approach to institutional investment management, has died aged 67 following a long battle with cancer.