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Early-stage

Cool Japan leads $44m round for Spiber

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.

  • North Asia
  • 04 December 2018
Golden Gate commits $18m to Malaysia

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.

  • Southeast Asia
  • 03 December 2018
China's 360 Enterprise Security raises $180m pre-Series B

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.

  • Greater China
  • 30 November 2018
India's VC-backed Drivezy raises $20m Series B

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.

  • South Asia
  • 29 November 2018
Square Peg joins $81m Series B for Australia’s Deputy

Australia’s Square Peg Capital has joined an $81 million Series B funding round for domestic workforce management software provider Deputy.

  • Australasia
  • 29 November 2018
Chinese AI player Aibee gets $60m Series A

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.

  • Greater China
  • 28 November 2018
Asia fintech player Oriente raises $105m in seed funding

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.

  • Greater China
  • 28 November 2018
Singapore medical tech player Ark raises $40m Series A

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.

  • Southeast Asia
  • 27 November 2018
Square Peg leads $18m round for Australian lender

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.

  • Australasia
  • 26 November 2018
Matrix, Ceyuan invest $22m in China's Elens

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.

  • Greater China
  • 26 November 2018
Omidyar leads $11m Series B for India's Vedantu

Omidyar Network has led an $11 million Series B funding round for Indian educational technology start-up Vedantu.

  • South Asia
  • 26 November 2018
DEG, Incofin invest $6m in Myanmar's Rent2Own

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.

  • Southeast Asia
  • 23 November 2018
China's Data Grand raises $23m Series B round

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.

  • Greater China
  • 23 November 2018
India's CropIn gets $8m Series B

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.

  • South Asia
  • 22 November 2018
Chinese electric car maker LeapMotor raises $288m

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.

  • Greater China
  • 22 November 2018
GGV leads $108m round for Chinese e-commerce platform

Chinese community e-commerce platform Xiaoqule has raised $108 million in a Series A round of funding led by GGV Capital and Vertex Ventures.

  • Greater China
  • 20 November 2018
Blackbird joins $7m round for New Zealand's Sunfed

Blackbird Ventures has joined a NZ$10 million ($7 million) funding round for Sunfed Meats, a New Zealand-based company that specializes in meat-like vegetarian foodstuffs.

  • Australasia
  • 20 November 2018
China's Alphamab gets $100m Series A

China’s Alphamab Oncology has completed a $100 million Series A funding round from a group of investors including PAG Growth Capital, Advantech Capital, and OrbiMed.

  • Greater China
  • 19 November 2018
IDG, Matrix back $20m round for Singapore's KuCoin

IDG Capital, Matrix Partners, and Neo Global Capital have jointly invested $20 million in Singapore-based cryptocurrency services company KuCoin.

  • Southeast Asia
  • 16 November 2018
China's Gobi Partners enters Pakistan

China’s Gobi Partners has made its first investment in Pakistan by leading a $1.5 million Series A round for online travel services start-up Sastaticket.

  • South Asia
  • 15 November 2018
Warburg takes apartment rental exposure into HK

Warburg Pincus has invested $181 million in Weave Co-Living, a Hong Kong-based rental accommodation provider focused on millennials and young professionals.

  • Greater China
  • 13 November 2018
Sequoia China, ZhenFund launch entrepreneur club

Sequoia China Capital and ZhenFund have announced plans to launch a non-profit community dedicated to providing training courses and resources to Chinese entrepreneurs.

  • Greater China
  • 12 November 2018
Alibaba, Line invest Taiwan's KKday

Alibaba Group and Line Corporation have led an extended Series B round of undisclosed size for KKday, a Taiwan-based travel services company backed by a number of venture capital firms.

  • Greater China
  • 09 November 2018
Intel Capital backs China healthcare AI business

Intel Capital has led an investment of undisclosed size in Huiyi Huiying, a Chinese medical imaging technology developer that uses artificial intelligence (AI).

  • Greater China
  • 08 November 2018
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