Japanese digital marketing services provider Plaid has raised JPY1.5 billion ($25.1 million) from a group of VCs including existing investor Eight Roads Ventures Japan and Femto Partners.
Softbank Ventures Korea has led a $25 million Series B round for Funding Societies, a Singapore-based financial technology company focused on crowdfunding and peer-to-peer (P2P) lending.
Innovation Network Corporation of Japan (INCJ) has joined a group of VCs in a JPY1.3 billion ($12 million) Series B round for Optical Comb, a Tokyo-based auto industry supplier that uses advanced 3D scanning technology.
Investments by China's tech giants becoming more prominent in Indonesia's tech space, but Chinese VC investors continue to tread cautiously in the country for the most part
A number of Asian VCs including MDI Ventures, a unit of Telkom Indonesia, have joined a $12 million Series A round for Element, a biometrics technology developer based in New York, Jakarta, and Singapore.
Meiliche Jinrong, the online auto finance unit of Chinese consumer loans site Meili Jinrong, has raised an additional RMB239 million ($37.88 million) for its Series B round.
CD Capital, a Chinese healthcare-focused VC also known as CDBI Partners, has led a $34 million Series B round for CMAB Biopharma, a manufacturing services provider for biologic product developers.
Chinese VCs Green Pine Capital Partners and Prosperico Ventures have led a $60 million Series A investment in US and China-based cancer diagnosis specialist Singlera Genomics.
Myriota, an Australian space technology company focused on orbital internet-of-things (IoT) connectivity systems, has closed a $15 million Series A round led by Main Sequence Ventures and Blue Sky Venture Capital.
SBI Investments backs a Japanese start-up focused on improving decision-making technology in self-driving cars
Zskuaixiao, a China-based business-to-business (B2B) consumer goods distributing platform, has completed a RMB205 million ($33 million) Series B round led by warehouse operator Global Logistics Properties (GLP) and Longzhu Capital – a corporate investment...
Australia’s Ellerston Capital has led a A$24 million ($18.5 million) Series A round for Ansarada, a domestic business services company that provides virtual data rooms and artificial intelligence-enabled due diligence.
Chinese electric vehicle maker CHJ Automotive has completed a RMB3 billion ($474 million) Series B round led by Matrix Partners China and Shougang Fund, an investment firm backed by state-owned steel producer Shougang Corporation.
Shunwei Capital has led a $25 million Series B round for ScaleFlux, a hardware firm based in the US and China.
Hong Kong plans to increase funding to two local incubation programs – Cyberport and Hong Kong Science & Technology Park (HKSTP) – in the expectation they will play a leading role in the drive to turn the territory into an innovation hub.
Singapore-based VC firm Hatcher and Australian accelerator BlueChilli will jointly invest a $125 million exchange-traded fund that will back 240 start-ups globally over the next three years.
Beijing Infervision, a Chinese company that develops medical imaging technology empowered by artificial intelligence (AI), has raised RMB300 million ($47 million) in funding from investors including Xianghe Capital.
SBI Investment has made the first investment from its artificial intelligence (AI) and blockchain technology fund, leading a JPY1.1 billion ($10.3 million) round for Japan’s Ascent Robotics.
With a market focus and a user acquisition mechanism that differentiate it from other Chinese news and video apps, Qutoutiao impressed Tencent Holdings enough to secure a $200 million Series B round
Redpoint China Ventures has closed its debut renminbi-denominated VC fund at RMB700 million ($110 million).
Tencent Holdings has led a Series B round worth more than $200 million for Qutoutiao, a Chinese mobile news reading app. The round gives the company a post-money valuation of $1.6 billion.
The state government of Victoria in Australia has confirmed a plan to invest A$15 million ($12 million) in the local agricultural technology sector.
GTR Ventures, a Singapore-headquartered VC firm launched last September, has made its debut investments in five financial technology companies.
MDI Ventures, the corporate VC arm of state-controlled telecommunications firm Telkom Indonesia, has led a $10 million funding round for Australian communications platform Whispir.