Early-stage
Indonesia's Convergence Ventures agrees partnership with Baidu
Convergence Ventures, an early-stage venture capital firm based in Indonesia, has agreed to a financial and strategic partnership with Chinese search and web services giant Baidu.
Innovation Works to list on China's New Third Board
Innovation Works, a Chinese early stage VC firm founded by Kai-fu Lee, former head of Google China, has applied to list on the National Equities Exchange and Quotation (NEEQ), also known as the New Third Board.
Formation 8 backs Singapore grocery delivery service
US venture capital firm Formation 8 has led a $15 million Series A round for Singapore-based on-demand grocery delivery start-up Honestbee.
Australian LPs and domestic VC: Toe in the water
Australian super funds are showing renewed interests in domestic venture capital, supporting firms that offer flexible structures with co-investment opportunities. Can this approach work for all GPs?
Hong Kong vs Singapore VC: Flawed comparisons
Singapore has easily surpassed Hong Kong in terms of venture capital investment for the last four years, but that data should be assessed in the context of wider industry dynamics
AngelList raises $400m from China's CSC Group
Start-up funding platform AngelList has raised a $400 million early-stage focused fund from CSC Venture Capital, the US arm of private equity firm China Science & Merchants Investment Management Group, also known as CSC Group.
Singapore's MediaCorp in media-for-equity deal with VC-backed skincare brand
Singapore media conglomerate MediaCorp will take an equity stake in VC-backed French skincare brand Crème Simon in return for providing the company with advertising services.
Chrysalix, HKSTP form clean energy partnership
Canadian VC firm Chrysalix Energy Venture Capital has partnered with the Hong Kong Science & Technology Parks Corporation (HKSTP) to support cleantech start-ups.
Intel Capital invests $67m in eight Chinese companies
Intel Capital has committed $67 million to eight Chinese technology start-ups working in smart devices, robotics, the internet of things, cloud services, big data, and data analytics.
Eight Roads commits $15m to India's CredR
Indian used motorbike marketplace CredR has raised a $15 million Series A round from Eight Roads Venture, formerly called Fidelity Growth Partners.
500 Startups to raise Japan seed fund
US-based accelerator 500 Startups has extended its Asia footprint with the launch of a $30 million fund dedicated to early-stage Japanese technology companies.
Aspada, Qualcomm back India's Reverie with $4m
Aspada Investment Company and Qualcomm Ventures have committed $4 million in Series A funding to India-based local language software platform Reverie Language Technologies.
Shanghai Pharma establishes $469m healthcare fund
Chinese drug maker Shanghai Pharmaceuticals Group has partnered with Shanghai Real Power Capital to launch a healthcare-focused fund with a target of RMB3 billion ($469 million).
Gobi leads $5.7m Series A for Thailand's Eko
Gobi Partners has led a $5.7 million Series A round of funding for Bangkok-based Eko Communications, developer of workplace messaging app Eko.
Philippines targets 500 domestic tech start-ups by 2020
The Philippines government has outlined plans to achieve 500 domestic technology start-ups with a combined valuation of $2 billion by 2020.
NEA, Orios commit $4m to India's IntelligenceNODE
IntelligenceNODE, a retail-oriented big data analytics start-up based in India, has raised a $4 million Series A round led by New Enterprise Associates (NEA) and Orios Venture Partners.
Kalaari leads funding round for YourStory
Indian tech business news website YourStory has raised a Series A round led by Kalaari Capital, with participation from Qualcomm Ventures, Ratan Tata and T.V. Mohandas Pai.
Samurai Incubate launches Israel accelerator
Tokyo-headquartered start-up accelerator Samurai Incubate is recruiting Japanese companies to participate in its three-month Israel accelerator program.
Japan bitcoin exchange raises $4m
Tokyo-based bitcoin exchange platform bitFlyer has raised a JPY510 million ($4 million) round of funding from a group of Japanese investors.
Zodius leads $20m round for India's Allygrow
Zodius Technology Fund has led a $20 million funding round for Indian engineering services start-up Allygrow Technologies.
Lightspeed reaches $135m final close on India fund
US-based Lightspeed Venture Partners has reached a final close on its first India-focused fund at the hard-cap of $135 million.
China's Banyan Capital closes second RMB fund at $89m
Chinese venture capital firm Banyan Capital has raised RMB560 million ($89 million) for its second renminbi-denominated fund.
INCJ, AXA invest $5m in Japan's Smartdrive
The state-backed Innovation Network Corporation of Japan has joined Axa Direct Japan - the Japanese unit of the French insurer AXA - to invest JPY660 million ($5.3 million) in Smart Drive, a Tokyo-based start-up providing automobile data analytics.
Japan's Dentsu backs US social robot start-up Jibo
Dentsu Ventures, the corporate VC arm of the eponymous Japanese advertising giant, has invested $3 million in US social robot start-up Jibo.