Early-stage
Australian budget enhances incentives for early-stage investors
Early-stage investors in Australia will be granted a string of new tax incentives as the government continues its efforts to develop a more innovative economy.
Deal focus: VCs back founder's hardware pivot
Mengqiu Wang shelved his mobile app start-up to pursue a longstanding interest in smart robotics. With backing from several VC investors, Zero Zero Robotics' Hover Camera is now nearing commercial launch
Deal focus: Wongnai eyes expansion, then Thailand IPO
InVent's commitment to Wongnai represents the first-ever Series B round for a Thai start-up from a local VC firm. The company wants to use its dominant position in online restaurant reviews to enter other verticals
Deal focus: RayVio targets China's water problems
RayVio has found a way to use ultraviolet LED technology in disinfection - and produce high-quality products at scale. IPV Capital and Tsing Capital will help the company grow its China business
Indonesia's Nida Rooms raises $4.2m
Convergence Ventures and CyberAgent Ventures have led a $4.2 million pre-Series A round for Indonesian hotel reservation service provider Nida Rooms.
India's Roposo raises $5m from Bertelsmann
Bertelsmann India Investments has invested $5 million in Roposo, a domestic fashion-oriented social network and shopping app provider.
China's Zero Zero Robotics gets $23m Series A round
Zero Zero Robotics, a Beijing-based start-up that has developed a flying camera for the consumer market, has received $23 million in Series A funding from IDG Capital Partners, GSR Ventures, ZhenFund and ZUIG.
China's IPV, Tsing back US hygiene technology start-up
China-based VC firms IPV Capital and Tsing Capital have led a $26 million Series C round of funding for RayVio Corp, a US company that has developed an ultraviolet LED technology for use in hygiene products.
Aarin Capital anchors $18.8m India venture fund
Aarin Capital has anchored the launch of Ideaspring Capital, a venture fund seeking to raise INR1.2 billion ($18.8 million) for investments in Indian technology start-ups.
Thailand to launch $568m venture fund
The Thailand government has announced the launch of a THB20 billion ($568 million) venture fund as part of an economic modernization agenda.
Alibaba's UCWeb launches $20m India accelerator
UCWeb, a mobile browsing services company controlled by China's Alibaba Group, has launched a $20 million program to promote Indian start-ups focusing on games and apps.
ClearVue leads Series C for China O2O catering service
ClearVue Partners has led a $10 million Series C round for Yummy Express, a Beijing-based start-up that provides logistics services for online-to-offline (O2O) food-ordering platforms. SBCVC also participated in the investment.
Deal focus: Ninja Van targets logistics logjam
The Abraaj Group leads a $30 million round to support expansion of Ninja Van's last-mile delivery services into more Southeast Asian markets
Deal focus: Kaizen backs loans for learning
Supported by Kaizen and Zephyr Peacock India, non-banking finance company Varthana wants to provide funding to Indian schools that would otherwise go without
China online truck logistics platform secures $35m
Huochebang, a China-based online logistics platform that allows truck shipment tracking, has raised a $35 million round of funding led by Genesis Capital.
Abraaj leads $30m round for SE Asia last-mile delivery start-up
The Abraaj Group has led a $30 million Series B round of funding for Ninja Van, a last-mile logistics provider with operations in Singapore, Malaysia and Indonesia.
Fosun Kinzon leads $23m round for China's Huivo
Fosun Kinzon Capital, a VC arm of Fosun Group, has led a RMB150 million ($23 million) extended Series B round of funding for Huivo, a Chinese online education solutions provider for kindergartens.
Singapore's 90 Seconds gets Series A from Sequoia
Sequoia Capital’s India unit has led a $7.5 million Series A round for 90 Seconds, a cloud video production platform founded in New Zealand and headquartered in Singapore.
DSG reaches $35m first close on second fund - report
Indian consumer-focused private equity firm DSG Consumer Partners is said to have reached a first close of $35 million on its second fund.
Seed investors still cautious on valuations
Seed-stage valuations remain robust despite a general cooling in the global venture funding market that has seen a number of highly-valued technology start-ups raise later-stage down rounds.
China HR services platform Joyowo secures $15m
Joyowo.com, a Chinese online HR services platform, has raised a RMB100 million ($15 million) Series B round from VC investors including Sequoia Capital, Greenwoods Asset Management and Meridian Capital.
Samsung leads $13.5m round for Japan's Kyulux
Samsung Venture Investment has led a $13.5 million Series A round for Kyulux, a developer of advanced lighting technology used in digital screens.
Australia-based Cyara gets $25m Series A round
Cyara Solutions Corp, a customer experience monitoring service established in Australia in 2006, has received $25 million in a Series A round of funding led by PeakSpan Capital and Greenspring Associates.
Thailand's Medical Departures raises $2.5m
Singapore-based venture capital firm DMP has led a $2.5 million Series A round for clinical services marketplace Medical Departures.