India-based ride-hailing platform Ola has committed $100 million worth of inventory to domestic scooter sharing business Vogo. It is part of a Series A round that also features Matrix Partners India and Stellaris Venture Partners.
Clifford Chance has launched a start-up incubator focused on legal technology and innovation in Singapore.
Jungle Ventures and Tembusu Partners have fueled the expansion of Deskera’s enterprise software solution focused on small businesses across Southeast Asia
Cool Japan has taken a new angle on its cultural investment thesis with Spiber, a biotechnology developer bringing next-generation materials to the apparel industry
Accel Partners and Qualcomm Ventures have joined an INR2.5 billion ($35 million) funding round for Indian agriculture industry platform operator Ninjacart.
Axelspace, a Japanese start-up focused on ready-to-launch microsatellite technology, has raised a JPY2.6 billion ($23 million) Series B round led by Global Brain and property developer Mitsui Fudosan.
Employment management services company Deputy has raised what is said to be Australia’s largest ever Series B round as investors look to bring new technologies into long-outdated business processes
Taiwanese entrepreneurs should leverage local technology talent and use their home market as a testing ground for products and services that have global appeal, industry participants told the AVCJ Taiwan Forum.
Singtel Innov8, the venture arm of Singapore telecom giant SingTel, has led a A$22 million ($16.2 million) Series B round for Australian cybersecurity technology company Data Republic.
Cool Japan Fund has led a JPY5 billion ($44 million) round for Spiber, a domestic biotechnology developer focused on synthesizing protein-based materials that simulate characteristics of spiderwebs.
Singapore-based Golden Gate Ventures has committed to invest MYR75 million ($18 million) in Malaysian technology start-ups and opened a new office in the country.
Chinese B2B internet security services provider 360 Enterprise Security Group has raised RMB1.25 billion ($180 million) in a pre-Series B round of funding.
Drivezy, a vehicle sharing marketplace based in India, has raised a $20 million Series B round led by existing investor Das Capital, with participation by Japan’s Yamaha Motor Co.
Australia’s Square Peg Capital has joined an $81 million Series B funding round for domestic workforce management software provider Deputy.
China and US-based artificial intelligence (AI) solutions provider Aibee has raised $60 million in a Series A round of funding led by Sequoia Capital China and Red Star Macalline, a Hong Kong-listed furniture mall operator.
Oriente, a Hong Kong financial technology company backed by local investor BlackPine Private Equity, has raised $105 million in seed funding from a group of family offices.
Ark, a new Singapore-based cancer detection technology company, has received a $40 million Series A round backed by Gaorong Capital and shareholders of medical-focused investor Venturecraft.
Australian online mortgage marketplace Athena Home Loans has raised a A$25 million ($18 million) Series B round led by existing backer Square Peg Capital, with participation by new investors Hostplus and Airtree Ventures.
Elens Data, a Beijing-based developer of artificial intelligence (AI) text and natural language analysis solutions, has raised RMB150 million ($22 million) in a Series A round led by Matrix Partners China with participation from Ceyuan Ventures.
Omidyar Network has led an $11 million Series B funding round for Indian educational technology start-up Vedantu.
German development finance institution DEG and Belgium-based impact investor Incofin Investment Management have invested $6 million in Rent2Own, a motorcycle rental firm based in Myanmar.
Data Grand, a Chinese natural language processing (NLP) solution developer, has raised RMB160 million ($23.1 million) in a Series B round of funding led by Chenshan Asset Management, an arm of Chinese venture capital firm China Broadband Capital.
CropIn, an Indian developer of cloud technology for agricultural applications, has received INR580 million ($8.1 million) from Chiratae Ventures, formerly IDG Ventures India, and the Bill and Melinda Gates Foundation.
Hangzhou-based electric car maker LeapMotor has raised RMB2 billion ($288 million) in a Series A round of funding led by Shanghai Electric - a Hong Kong-listed Chinese power generation and electrical equipment manufacturer.