Southeast Asia and Latin America are trying to leverage complementary aspects of their start-up ecosystems, much like China and Africa before them. These endeavors are not as straightforward as they might seem
Inspired by the Korean word for tiger and how it symbolizes protection, cybersecurity start-up Horangi wants to ensure Southeast Asia’s growing pack of digital cubs are well-guarded
COSMOPlat, an industrial internet platform developed by Chinese home appliance giant Haier Group, has raised RMB950 million ($134 million) in Series A funding led by the state-owned China Structural Reform Fund.
TaniHub, an online marketplace for farm products in Indonesia, has raised more than $17 million in a funding round led by Openspace Ventures and Intudo Ventures.
Australian VC firm Square Peg Capital has joined a $27 million Series B round for Singapore-based healthcare technology provider Doctor Anywhere.
Zhenge Biotech – a Shanghai-based contract development and manufacturing organization (CDMO) for large molecule drugs – has raised $51 million in Series A funding led by Lyfe Capital.
Amatil X Indonesia, the venture arm of Coca-Cola's joint venture in Indonesia, has invested in Indonesian logistics start-up Kargo Technologies. The size of the commitment was not disclosed.
India's private debt markets lack coordination and standardization. Vivriti Capital hopes to fix this by bringing issuance online. LGT Lightstone Aspada has provided $50 million in support of this effort
AISing, a Japan-based developer of edge artificial intelligence (AI) technology used in industrial robots and self-driving cars, has raised JPY700 million ($6.5 million) in Series B funding.
Temasek Holdings has led a $70 million Series C round for Chinese drug developer Abbisko Therapeutics.
Fengxing Zhitu, a subsidiary of Chinese courier company SF Express, has raised a RMB100 million ($14 million) Series A round led by Everest Venture Capital. Oriza Holdings, Maison Capital, and Jade Capital also took part.
Nature’s Fynd, a US-based developer of edible proteins from non-animal and non-plant sources that is seen as having considerable application potential in Asia, has raised $80 million in Series B funding.
Hillhouse Capital has led a $60 million Series B round for China’s Iaso Biotherapeutics via its newly established VC unit GL Ventures.
Bosheng Guangdian, a Chinese optical semiconductor maker targeting the smart phone market, has raised RMB100 million ($14 million) from a group featuring Vision Knight Capital.
Qinhan Hutong, a Chinese education provider that offers an art and culture curriculum, has raised RMB150 million ($21 million) in Series B funding from Mingde Chuancheng, a Shanghai-based education and consulting company.
SecuLetter, a Korean cybersecurity technology provider, has raised a $8 million Series B round that included Saudi Arabian VC firm Riyadh Valley Company.
Unable to achieve the cost-effectiveness of America's driverless grocery delivery services in China, Neolix refocused on transporting meals. Investor Yunqi Partners believes simple solutions mean quicker commercialization
Spinny - alongside industry peer Truebil - has taken the used car sales model that works for Carvana in the US and applied it to India. Combining online reach with offline legitimacy is the key
LGT Lightstone Aspada has led a $50 million Series B round for Vivriti Capital, which operates CredAvenue, an Indian platform that helps companies raise debt.
RemeGen, a Chinese drug developer, has raised a $100 million round led by Lilly Asia Ventures and Lake Bleu Capital.
Singapore-based ride-hailing app Grab has teamed up with the local technology regulator to launch a start-up accelerator focused on facilitating business expansions into Vietnam.
Encoo Technology, a Chinese robot process automation (RPA) service provider, has raised a $30 million Series B round led by Sequoia Capital China. GSR Ventures and Future Capital re-upped, while Shenzhen Venture Capital came in as a new investor.
China-based biotech developer Harbour BioMed has closed an extended Series B round with a fresh $75 million commitment from a group of VCs. It initially raised $85 million in 2018.
Chinese celebrity management agency Mountain Top has closed a RMB180 million ($26 million) Serie B funding round provided by ByteDance Technology, operator of the Toutiao news aggregation and TikTok short video platforms.