SoftBank Ventures Asia has led a JPY2.2 billion ($21.2 million) Series B round for Japan’s Soda, operator of the online sneaker marketplace Snrk Dunk.
Horizons Ventures, which is controlled by Hong Kong billionaire Li Ka-shing, and Indonesia’s Alpha JWC Ventures have led a $25 million Series A round for Indonesian investment platform Ajaib.
China’s Visen Pharmaceuticals, a drug developer targeting glandular conditions such as dwarfism and growth deficiency has raised a $150 million Series B round led by Sequoia Capital China.
The Carlyle Group - investing through its Asia growth fund - has led a $123 million Series D round for Chinese cancer-focused biotech developer Abbisko Therapeutics.
DataCloak, a Shenzhen-based start-up that helps companies install data security systems on devices used by employees, has raised a $28 million Series B round led by Hillhouse Capital.
Sequoia Capital India has led a $30 million investment in Bibit, an Indonesian robo-advisory app for first-time investors.
GoBear, a Singaporean financial technology start-up that received VC backing as recently as May, will cease operations and begin a phased closure of the business, citing pandemic-related disruption.
Flexiv, a China and US-based industrial robotics start-up specializing in machines that can adapt to unpredictable environments, has raised a $100 million Series B round featuring Gaorong Capital.
Grok Ventures, an investment firm set up by Atlassian co-founder Mike Cannon-Brookes, has led a A$100 million ($73 million) round for Australian household solar energy financier Brighte.
Gaja Capital has led a $32 million Series B round for India-based software-as-a-service (SaaS) provider LeadSquared.
ClearVue Partners has led a $20 million Series B round for Vetreska, a US-headquartered and China-focused pet lifestyle brand.
SoftBank Ventures Asia has joined a $60 million Series B round for Korean payments technology start-up Chai.
SciNeuro Pharmaceuticals, a China and US-based drug developer specializing in treatments for central nervous system (CNS) disorders, has announced its formal launch with a $100 million funding round.
Japan Investment Corporation (JIC) has backed four local start-ups via its new VC unit. This includes a JPY3 billion ($29 million) commitment to business digitization consultant Monstar Lab.
Korean enterprise cloud services provider MegazoneCloud has closed a $122 million Series B round featuring more than 20 investors, including at least eight private equity firms.
Apis Partners' support of India-based Cashfree is driven by a recognition that the democratization of digital payments is as much about empowering traditional merchants as unbanked consumers
Yunwang Wandian, the e-commerce services arm of Suning.com, one of China’s largest retailers, has raised a RMB6 billion ($912 million) Series A round led by Shenzhen Capital Group.
The evolution of cancer treatments in China is a bellwether for biotech development in the country and its capacity for genuine innovation. Most PE and VC investors aren’t shying away
Vastai Technologies, a China-based chip designer, has raised $50 million in Series A funding led by video-sharing platform Kuaishou, Redpoint China Ventures, and 5Y Capital.
Eeo Education, a Chinese software-as-a-service (SaaS) provider to the education sector, has raised a $265 million Series C round led by Hillhouse Capital.
Faering Capital has led a INR1.1 billion ($14.9 million) Series B round for Pureplay Skin Sciences, an Indian direct-to-consumer beauty and hair care brand.
MDI Ventures, the corporate VC arm of state-controlled Telkom Indonesia, has teamed up with financial technology investor Finch Capital to form a $40 million fund targeting early-stage investments in Southeast Asia.
Chinese eye disease specialist Elumninex Biosciences has raised a $50 million Series A round led by GL Ventures, Lilly Asia Ventures (LAV), and Quan Capital.
Apis Partners has invested $35 million in Indian digital payments services provider Cashfree as part of a Series B round also featuring Smilegate Investment and Y Combinator.