Early-stage
Mekong Capital invests local Oz school
Mekong Enterprise Fund II, a $50 million fund operated by Ho Chi Minh City-based Mekong Capital, has invested $6 million into Vietnam, Australia International School (VAS).
Intrasoft exit for Intel Capital
Intel Capital investee Intrasoft Technologies, operator of the India-backed international greetings website 123greetings.com, is reportedly seeking to IPO, with a target valuation of around $45 million.
Sequoia invests 91Huayi.com
Sequoia Capital China has reportedly invested RMB30 million ($4.4 million) in 91Huayi.com, a Chinese medical information and education website.
Vietnam: Diamond in the rough
In a country where private consumption is two thirds of GDP and 60% of the population is under 30 years old; and people are highly entrepreneurial, highly motivated and very excited about the opportunities that lie ahead for them and for the nation; one...
A&J Venture backs PRC green investee for OTCBB listing
A&J Venture Capital Group, Inc., an Over-The-Counter Bulletin Board (OTCBB)-listed German investor headquartered in Heidelberg and focusing on Chinese SMEs, has announced its agreement with China Honeycomb Ceramic to support the latter's preparation for...
Northern Light, Sequoia, DFJ, DT get Prudent in Beijing
Northern Light Venture Capital has led a Series C round into Beijing-based energy storage and renewable power developer Prudent Energy, in partnership with Sequoia Sequoia Capital China, and alongside existing VC investors Draper Fisher Jurvetson and...
Spring Capital announces second close, deal
Spring Capital Asia, the independent Greater China private equity firm formed by former JAFCO Head of North Asia Vincent Chan, has announced a $184 million second close of its debut Spring Capital Asia Fund, plus an investment in a wind power company...
Gobi, Steamboat invest Yoyi Media
Gobi Partners, the early stage IT and digital media-focused Chinese VC firm, and Steamboat Ventures, the Disney-supported global VC, have invested in Yoyi Media, a China-based provider of online advertising and marketing solutions.
Rho Ventures gets Effective in Oz
New York and Palo Alto-based VC investor Rho Ventures has made a $4 million Series A investment in Australia's Effective Measure, a startup developer of measurement solutions for online audiences.
Japan regional fund aids fishing industry
Challenge Kyushu SMEs Ganbare Fund, a JPY1 billion ($11 million) regional fund operated by Dogan Investments Inc., a Kyushu-based investment boutique, has made two investments in marine food and products companies in the southerly region, Japan's third...
Intel Capital, CIC agree cooperation
Leading US corporate VC Intel Capital has announced a joint innovation investment initiative with PRC SWF the China Investment Corporation (CIC).
Chunghwa Telecom backs ex-Google Lee's Innovation Works
Taiwanese telecoms major Chunghwa Telecom has announced commitments to Innovation Works, the incubator and early stage VC fund launched by ex-Google Greater China founding president Kai-Fu Lee.
Helion, Bessemer bet on NetAmbit
India-focused venture fund Helion Venture Partners has announced it will inject INR400 million ($8.6 million) into financial products distributor NetAmbit, a market leader in the space on the sub-continent.
Daniel joins Accel in India
Anand Daniel, previously a senior associate with Boston-headquartered early stage VC Flybridge Capital Partners, has joined Accel Partners as a principal in the firm's Bangalore office.
Founder Institute opens in Singapore
The Founder Institute, an entrepreneurship program started by other entrepreneurs and backed in Singapore by Battle Ventures and Ascendas iAxil, has opened in Singapore and is accepting its first applications for trainees.
IDG India invests iCreate
IDG Ventures India has made a $3.23 million Series A round VC investment in iCreate Software, a Bangalore business intelligence software company.
PRC BPO play iSoftStone attracts VCs
Everbright Private Equity, a subsidiary of listed Chinese red-chip financial conglomerate China Everbright Ltd., and other venture capital firms, including AsiaVest Partners, Fidelity Asia Ventures, Infotech Pacific Ventures, Mitsui Ventures Global Fund,...
WI Harper leads Jiangsu glass fiber round
WI Harper Group has led the first institutional round of investment into Jiangsu Chuangzhou CTC Technical Fabrics, a PRC glass fiber manufacturer, for an undisclosed amount.
Sequoia said investing India's Via
Sequoia Capital India has reportedly made a $10 million investment in Indian B2B online travel site Via, previously invested in by NEA-IndoUS Ventures.
Starfish, Innovation back Australia's Audinate
Australian VCs Starfish Capital and Innovation Capital have led a A$4 million ($3.6 million) new funding round for their investee Audinate Pty Ltd., a digital networking solutions developer.
Insight invests Six Waves for Facebook
New York-headquartered VC Insight Venture Partners has sought to tap Facebook’s popularity by investing $17.5 million in Six Waves Inc. (otherwise known as ‘6 waves, a Hong Kong-based company that has developed a sheaf of products and games based on the...
Northern Light invests $30 million in Chinese outdoor advertising
Chinese early stage-focused VC firm Northern Light Venture Capital (NLVC) has invested $30 million in City Media, a local outdoor advertising company with special strengths in elevator spaces.
India's SMS GupShup shop gets $12 million VC investment
Globespan Captial Partners, a US IT-focused firm, Charles River Ventures, a US early stage venture firm and Helion Venture Partners, an India-focused venture firm, jointly injected $12 million into SMS GupShup, India's largest social network operator....
Japan's venture market depressed
The Japan Venture Capital Association has reported that venture capital investment made in 2009 fell by about 40% to ￥37.8 billion ($417 million) over 472 deals from one year ago, an even more marked sharp drop compared with 2007, when VCs invested about...