Early-stage
China commercial space start-up raises $44m Series B
China International Capital Corp (CICC) has led a RMB300 million ($44 million) Series B funding round for Chinese commercial space industry start-up One Space.
China's Koala Reading raises $20m Series B round
Beijing Xiangyue Education Technology, operator of the Koala Reading platform that assesses the difficulty of Chinese language texts and helps schools create digital libraries, has received $20 million in Series B funding.
Sequoia, Accel lead $12m Series A for India's Metro Bikes
Sequoia Capital India and Accel Partners have led a $12.2 million Series A funding round for Metro Bikes, an India-based scooter rental provider. It coincides with the company rebranding as Bounce.
IDG backs Chinese sports video streaming service
IDG Capital and government-backed Huiying Borun Investment have committed RMB500 million ($73 million) to iQiyi Sports, a newly established division of the Chinese video streaming platform that listed in the US earlier this year.
China's CureGenetics gets $17m Series A round
Qiming Venture Partners has led a $17 million Series A funding round for Chinese biotechnology company CureGenetics.
Decheng leads Series C for China's Impact Therapeutics
Chinese biopharmaceuticals developer Impact Therapeutics has raised $30 million in Series C funding from a group of investors led by Decheng Capital.
Chinese second-hand goods trading platform raises $65m
Sequoia Capital China has led an extended Series B round worth $65 million for Xiangwushuo, a Chinese online trading platform for second-hand goods. The company, which was founded as recently as 2017, has now raised $110 million in cumulative funding.
India bus-hailing app Shuttl gets $11m
Amazon India has led an $11 million Series B funding round for India-based bus-hailing app operator Shuttl, with participation by several other VC investors.
Australian SME lender Judo Capital raises $104m
Australian financial services start-up Judo Capital has raised A$140 million ($104 million) to provide loans to domestic small to medium-sized enterprises (SME).
SBI leads $15m Series A for Singapore's AntWorks
SBI Investment has led a $15 million Series A funding round for AntWorks, a Singapore-based supplier of enterprise artificial intelligence (AI) and smart automation products.
VCs invest $20m in China's Ultrain
A group of VCs including CDC Capital, Morningside Ventures, and Draper Dragon have backed a $20 million round for Ultrain that values the Chinese blockchain technology provider at $200 million.
Singapore blockchain-based data marketplace gets $60m
Open Data Exchange (ODX), a Singapore-based decentralized marketplace developer has raised $60 million from a group of investors, including Hong Kong blockchain specialist Kenetic Capital and US-Korea firm Strong Ventures.
Square Peg leads $30m Series B for Indonesia's FinAccel
Square Peg Capital has led a $30 million Series B round for Indonesian financial technology start-up FinAccel to support its national and regional expansion.
Lightspeed, Blue Run back Chinese mapping player Wayz.ai
Lightspeed China Partners and Blue Run Ventures have participated in an $80 million Series A funding round for Wayz.ai, a Chinese smart mapping service provider.
CICC leads $102m Series B for China's Allcure Medical
Beijing Allcure Medical Technology, a healthcare technology provider specializing in radiotherapy and tumor diagnosis, has received RMB700 million ($103 million) in Series B funding led by China International Capital Corp. (CICC).
Singapore's TradeGecko gets $10m Series B
TradeGecko, a Singapore-based software-as-a-service (SaaS) provider for small to medium-sized enterprises (SME) has received a $10 million Series B round led by local investor TNB Ventures and Australia’s Aura Group.
China agriculture supply chain player adds $26m to Series B
Songxiaocai, a business-to-business (B2B) platform that provides agricultural wholesale services to Chinese retailers, has raised RMB180 million ($26.4 million) in the second tranche of its Series B funding, taking the overall round to RMB410 million.
Goldman, Alibaba lead $600m round for China's Suning Sports
Goldman Sachs and Alibaba Group have led a $600 million Series A round of funding for the sports unit of Chinese electronics retailer Suning, which holds the domestic media rights to a range of sporting competitions. The deal values the business at more...
Advance.AI raises $50m, targets Southeast Asia expansion
A group of Southeast Asian and Chinese investors has provided a $50 million extended Series B round of funding for Advance.AI, a big data specialist with offices in Beijing, Singapore, Jakarta, and Manila.
Emerging China VCs target differentiation in deal sourcing - AVCJ Forum
China’s emerging venture capital firms are seeking an edge in a competitive market through differentiated deal sourcing – offering a more personalized service than their more established counterparts or simply making bets that confound conventional...
China's Pony.ai adds $112m to Series A round
ClearVue Partners and Eight Roads Ventures have led a $112 million investment in China and US-based autonomous driving technology developer Pony.ai that brings the start-up’s total Series A funding to $214 million.
IndiaLends raises $10m Series B round
IndiaLends, a New Delhi-based financial technology company focused on credit and analytics services, has raised $10 million in Series B funding from India-focused Ganesh Ventures and UK-based ACPI Investment Managers.
Indian government commits $29m to four GPs
The Indian government has committed INR2 billion ($29 million) to four domestic investment funds as part of its support for the entrepreneurial sector.
Jafco leads $11m round for Japan, US-based Trillium
Jafco has led an $11 million funding round for Trillium, a cybersecurity company focused on the autonomous vehicle industry based in Japan and the US.