The Riverside Group has bought Australian injury management and occupational rehabilitation services provider Nabenet as part of a workplace wellbeing rollup strategy.
Dreame, a Beijing-headquartered vacuum cleaner maker backed by smart phone and consumer electronics giant Xiaomi, has raised RMB3.6 billion ($563 million) in Series C funding.
Primavera Capital Group has invested $600 million in two subsidiaries of Envision Group, a China-based manufacturer of wind turbines, smart batteries, and renewable energy management systems.
Hong Kong non-fungible token (NFT) company Animoca Brands has raised $65 million from a group featuring Sequoia Capital China, more than doubling its pre-money valuation since May to $2.2 billion.
HT Aero, an urban air mobility (UAM) company affiliated with Chinese electric vehicle manufacturer Xpeng, has raised a $500 million Series A round led by Xpeng, IDG Capital, and 5Y Capital.
Guangzhou-based Creative Biosciences, which manufacturers kits that test for colon cancer, has raised a RMB560 million ($88 million) Series D led by Alibaba Group.
Abu Dhabi Investment Authority (ADIA) has committed $400 million to Indonesia super app GoTo as the lead investor in a funding round ahead of the company’s much-anticipated IPO.
Indian credit card rewards company Cred has raised a $251 million Series E round led by Tiger Global Management and Falcon Edge Capital at a post-money valuation of $4 billion.
CLSA Capital Partners (CLSA CP) has sold its remaining shares in Japanese cram school operator BC Ings to Eishinkan, a major player in the segment.
Christine Tsai, co-founder of 500 Global, formerly 500 Startups, reflects on how a planetary approach to seed-stage VC has changed the asset class, the developing world, and the firm itself
A group of Korean private equity investors has committed $40 million in funding to Ceracin, a Singapore-based biotech developer focused on neurotherapeutics.
H3 Dynamics, a Singapore-based autonomous drone data services and hydrogen air logistics start-up, has raised a $26 million Series B round led by Japan’s Sparx Asset Management.
China-focused digital marketing start-up Whale has secured $50 million in Series B funding to hone a product offering that helps companies optimize customer engagement by analyzing traffic flows
Hitachi has agreed to sell its Japan-based radiation measurement devices and industrial x-ray CT devices businesses to local private equity firm Nippon Mirae Capital.
MBK Partners has agreed to buy five ocean theme parks in China – four operational and one under construction – from Hong Kong-listed Haichang Ocean Park Holdings for RMB6.53 billion ($1.01 billion).
Trustar Capital, formerly known as CITIC Capital Partners, has invested an undisclosed sum in Intramco, a Europe-based manufacturer of components used in electric vehicle (EV) charging.
WestBridge Capital has led a $50 million round, comprised of a mix of debt and equity, for direct-to-consumer fresh produce delivery service Fraazo.
Voting for the 2021 AVCJ Private Equity & Venture Capital Awards is now open and runs until November 2.
Silicon Valley-based Norwest Venture Partners has invested $60 million in Indian mattress brand Duroflex.
LeapFrog Investments has led a $250 million Series E round - described as a pre-IPO round - for Indian online auto marketplace CarDekho at a valuation of $1.2 billion.
Whale, a China-focused digital marketing platform, has raised a Series B round of $50 million led by Temasek Holdings. Existing investors Nio Capital, Linear Capital, and Alpha Startups Fund re-upped.
TPG Rise Climate, a climate-focused strategy under TPG’s global impact investment platform, has agreed to invest INR75 billion ($994 million) in the electric vehicle (EV) unit of India’s Tata Motors.
Temasek Holdings has led a $100 million Series C round for Indian online banking company Open Financial Technologies with support from Google.