Early-stage
Chinese restaurant robot supplier raises $28m Series B
Keenon Robotics, a Chinese manufacturer of robots for use indoors, has raised a RMB200 million ($28 million) in Series B funding led by Source Code Capital, Walden International and Shanghai Kechuang Fund, an investment arm of state-owned Shanghai International...
Coronavirus in China: Back from the brink
China GPs are trying to navigate the coronavirus uncertainty and help portfolio companies pick up the pieces, whether that means cutting costs or realizing new revenue streams
Deal focus: Linctex makes SaaS pay in China
Vision Plus Capital identified Linctex after conducting a deep dive into China's textile industry supply chain. It believes the company has the right model - and is in the right industry - to make software-as-a-service work
Deal focus: Vogo pursues transformation on two wheels
Vogo and Bounce are both scooter rental start-ups targeting the Indian market, but they are going about it in very different ways. Lightstone Aspada is backing the former's more inclusive approach
China’s GenFleet Therapeutics raises $50m Series B
CDH Investments and Shenzhen Capital Group have co-led a $50 million Series B round for GenFleet Therapeutics, a Chinese drug developer.
China’s Billionhome leads $14m round for space tech player
Chinese private equity firm Billionhome Capital has led a RMB100 million ($14.4 million) investment in local satellite technology supplier Mino Space.
Sequoia warns founders not to underestimate coronavirus impact
Sequoia Capital has advised founders and CEOs of its portfolio companies to “question every assumption” about their business in response to mounting global concern over the coronavirus outbreak, which it describes as the “black swan of 2020.”
China EV charging operator secures $190m Series A
Telaidian, which claims to operate China's largest electric vehicle (EV) charging network, has raised RMB1.35 billion ($190 million) in Series A funding.
Motilal Oswal invests $32m in Indian TB diagnostic player
Motilal Oswal Private Equity (MOPE) has committed INR2.4 billion ($32.4 million) to Molbio Diagnostics, a molecular diagnostics manufacturer that specializes in low-cost diagnosis of tuberculosis and other diseases.
Chinese autonomous mining vehicle provider raises $14m
Cathay Capital has led an extended tranche of Series A funding worth RMB100 million ($14 million) for Waytous, a Chinese autonomous driving start-up focused on the mining industry.
Indian cardiac analytics firm Tricog raises $10.5m
Tricog, an India-based cardiac analytics firm, has raised $10.5 million in Series B funding from a group of domestic and international VCs.
Australia fintech player InDebted raises $9m Series A
Carthona Capital and MassMutual Ventures have led a A$14 million ($9.2 million) Series A round for Australian financial technology provider InDebted.
Mongolia start-ups: Steppe forward
Unlike most frontiers, Mongolia is more talent hub than consumer market. There is no systemic hindrance to start-up investment but few mechanisms to sufficiently organize it
India technology: The Jio effect
Nearly three months have passed since Reliance Industries launched Jio Platforms as a holding company for its digital and telecom businesses. Is it poised to reshape India’s technology landscape?
Sequoia leads $14m Series B for China’s Mech-Mind Robotics
Mech-Mind Robotics, a provider of intelligent solutions for industrial robots, has raised a RMB100 million ($14 million) Series B round led by Sequoia Capital China.
Chinese insurance tech player raises $14m Series A
Chinese health insurance platform Nuanwa Technology has raised a RMB100 million ($14 million) Series A round led by Longfor Capital, a unit of real estate developer Longfor Group.
Vertex leads $10m round for Indian data services firm
Hasura, a software-as-a-service firm that helps companies improve the data delivery process, has raised $9.9 million in a Series A round led by Vertex Ventures.
VCs invest Philippines digital bank Tonik
Insignia Ventures Partners and Credence Partners are backing a Philippines rollout by Tonik Financial, which claims to be the first digital-only bank in Southeast Asia.
Sequoia, MassMutual back Indian medical imaging player
Qure, an India-based artificial intelligence-enabled medical imaging start-up, has raised $16 million in a Series A round led by Sequoia Capital India and MassMutual Ventures Southeast Asia.
Deal focus: WayCool Foods pursues scale
WayCool Foods receives $32 million in funding to support an expansion of its agricultural technology proposition that removes middlemen - and boosts efficiency - in food supply chains
Asia Partners leads $35m round for Hong Kong’s Snapask
Singapore-based Asia Partners has led a $35 million round for Hong Kong online education start-up Snapask. It coincides with the company’s relocation to Singapore.
Japan’s I-nest Capital raises $60m for debut VC fund
I-nest Capital, a Japanese VC firm set up last year by former Mizuho Financial Group employees, has raised JPY6.6 billion ($60 million) for its debut fund. The target was JPY6 billion.
IDG leads $50m round for Chinese hot pot ingredients supplier
IDG Capital has led a $50 million Series B round for Guoquan, a Chinese hot pot ingredients supplier. Other investors include VKC Partners and Buhuo Ventures.
Chinese AI-RPA start-up Laiye raises $42m Series C
Lightspeed China Partners and its global affiliate have co-led a $42 million Series C round for Laiye Technology, a Chinese artificial intelligence (AI) start-up that specializes in robotic process automation (RPA).