Early-stage
Korean couples app raises $3m Series B funding
Korean social media application Between has raised a $3 million Series B funding round from new and existing venture capital players. The proceeds will be used to expand the company's presence outside its home market.
Summit Partners to invest $25m in The Iconic
Summit Partners is expected to invest $25 million into Australian fashion online retailer, The Iconic.
Fulcrum Venture India invests $1.5m in Congruent Solutions
Fulcrum Venture India has invested INR80 million ($1.5 million) for a 20% stake in Congruent Solutions, a specialist software service provider in the pension administration industry.
Samsung Ventures invests in Fixmo
Samusung Venture Investment Corp, the venture capital unit of Samsung Group, has invested in Canada's Fixmo, a mobile security solutions firm. Details of the transaction were not disclosed.
CBC leads $20m Series B investment in iPinYou
China Broadband Capital (CBC) has led a $20 million Series B financing round in Beijing iPinYou Information Technologies (iPinYou), a Chinese real-time bidding digital advertising platform. Japan’s Vangoo Investment Partners and existing investor Forward...
Norwest invests $11m in India's Perfint Healthcare
Norwest Venture Partners has invested $11 million in Indian medical technology company Perfint Healthcare as part of a Series D round of funding. Norwest previously invested $7.2 million in the Chennai-based company in 2010.
SingTel Innov8, Optus launch new funding round for Australian start-ups
SingTel Innov8 and Optus have launched a second round of funding for Australian start-ups under the companies’ Innov8 seed program.
India's BookAdSpace gets angel investment
BookAdSpace, an online platform for buying and selling physical advertising space, has received angel funding from Aakrit Vaish, the director of Flurry India, and Mitesh Sampat, the vice-president of product strategy at Quova.
DCM invests in Chinese game developer Cmune
DCM has provided an undisclosed amount in Series A funding to Cmune, a China-based developer of 3D social games. The company is best known for UberStrike, which claims to the most popular first-person-shooter game on Facebook with 1.4 million monthly...
Matrix Partners India invests in Mswipe
Matrix Partners India has led the first institutional round of funding in Mswipe Technologies, a mobile payment services provider based in Mumbai.
India Awards: VC Deal of the Year – Flipkart
In India's fiercely competitive e-commerce market, the mantra is eat or be eaten. Flipkart, through a combination of new funding and lateral acquisitions, has placed itself firmly in the former camp.
Chinese short-term rental sites secure $20m in VC backing
Xiaozhu.com and Mayi.con, two competing Chinese websites specializing in short-term room rentals, have each secured $10 million in VC funding.
China's Mailman to set up early-stage Asia fund
Mailman, a social media and digital marketing company based in China, is a forming a start-up fund that will provide Series A funding rounds.
Nexus Ventures-backed Vdopia raises $3.4m Series B round
Video advertising network Vdopia has secured $3.4 million in Series B funding in a private offering from a single unnamed investor.
Japan's Fuller gets $1.2m seed round
Japanese internet service provider ASAHI Net and m8 Capital, a London-based VC firm, are leading a JPY100 million ($1.2 million) round of seed funding for Japan-based start-up Fuller Inc.
Singapore travel website gets seed funding from TNF, SingTel Innov8
Singapore-based online travel booking site Flocations has raised $570,000 seed funding round led by TNF Ventures and including SingTel Innov8, the corporate venture arm of SingTel – and angel investor Ben Ball.
Asia Awards: VC Deal of the Year – Xiaomi
The hugely successful launch of Xiaomi’s smart phone, and the subsequent $216 million Series C round, justified Morningside Technologies and Qiming Venture Partners’ early faith in the Chinese company
Sequoia backs Chinese online lender Ppdai
Sequoia Capital has invested in a Series A financing round of Ppdai, a Chinese peer-to-peer online lending firm. The capital is expected to expand the company’s capacity on technology infrastructure and marketing campaigns.
Australia's Starfish Ventures invests in email company Atmail
Starfish Ventures has invested $2 million in Atmail, a Australia-based enterprise email and web communication company. The capital will help the Atmail scale-up its technical team and expand into overseas markets.
Matrix India invests in Mewar Orthopaedic
Matrix Partners India has taken a minority stake in specialty healthcare provider Mewar Orthopaedic Hospitals for an undisclosed amount as part of a Series A round of investment.
VCs channel $25m into China's Innovent Biologics
Innovent Biologics, a China-based manufacturer of monoclonal antibodies, has raised $25 million in Series B financing from Lilly Asia Ventures, the VC arm of global pharmaceutical company Eli Lilly, and existing investors Fidelity Biosciences and Fidelity...
India mobile payment firm raises Series A round
Mobile payments company Ezetap Mobile Solution has raised a Series A round of funding from Silicon Valley-based venture capital firm Social+Capital Partnership, PayPal’s Peter Thiel and David Sacks of Microsoft, among others. Existing investor AngelPrime...
Australian's Verde targets $52m VC fund
Australian venture capital firm Verde is seeking to raise A$50 million ($52 million) for a fund that will focus on bringing technology to market. It will concentrate on innovations in the medical, defense and technology sectors.
South Korea VC: State subsidies
South Korea’s venture capital industry is the fourth-largest in the world thanks to generous government support. But is this support helping or hindering the development of self-sustaining investment ecosystem?