Venture
US-based Wonder Workshop raises $20m for China push
Wonder Workshop, the children's robotics manufacturer that recently agreed a distribution partnership with Chinese online retailer JD.com, has raised a $20 million Series B round to support further expansion in China.
Japan analytics platform Abeja gets $5m
Japanese corporate analytics platform Abeja has raised a JPY530 million ($5 million) Series B round from Innovation Corporation of Japan (INCJ) and Archetype Ventures.
INCJ leads $16m investment in Japan's Atonarp
Innovation Network Corporation of Japan (INCJ) has led a $16 million funding round for Tokyo-based chemical sensor developer Atonarp.
Deal Focus: IvyCap sees upside in India's online jewels
Bluestone's work to reshape India's jewelry industry and change customers' attitudes appeals to the domestic VC firm
Rocket Internet: The human wave
Rocket Internet has played a major role in developing Southeast Asia’s e-commerce sector, but industry players say the firm’s most lasting effect will likely be the large talent pool that it is creating in the region
China venture capital: Contrarian view
While capital is widely available in China's VC scene, investors continue to worry worry that the market is not developing as it should
Australia's Brandon Capital expands into New Zealand
Australian life sciences-focused VC firm Brandon Capital has expanded the mandate of its third Medical Research Commercialization Fund (MRCF) to include New Zealand.
China big data start-up gets $30m Series C
Yonghong Tech, a Chinese big data analytics software provider, has raised RMB200 million ($30 million) in Series C funding from Tencent Holdings’ VC unit, Yuansheng Capital, Oriental Fortune Capital, and Matrix Partners.
Accel, Helion in funding round for India's Qwikcilver
Indian gift card technology provider Qwikcilver has raised a new round of funding with participation from existing investors Accel India and Helion Venture Partners.
Southeast Asia’s aCommerce raises further $10m
Southeast Asia-focused e-commerce solutions provider aCommerce has raised $10 million in new funding ahead of a planned Series B round. The latest commitment is led by MDI Ventures, a corporate VC fund run by Indonesian mobile operator Telkom.
Suning, Tencent invest in China VC-backed cosmetic surgery app
Gengmei, a Chinese cosmetic surgery social networking app backed by several VC investors, has raised an undisclosed amount of Series C funding from Chinese companies Suning Commerce Group and Tencent Holdings.
VCs invest $44m in China mobile app developer DotC United
DotC United, a Hong Kong-based mobile app publisher, has raised a RMB300 million ($44 million) Series A round of funding from several Chinese VC investors, including Banyan Capital and Chengwei Capital.
Legend Capital leads $14m round for China’s Udesk
Legend Capital has led a RMB100 million ($14 million) Series B round of funding for Udesk, a China-based customer service outsourcing business.
Chinese investors in $181m round for US-based Unity
Unity Technologies, a US-based video game engine maker, has closed a $181 million Series C round of funding led by DFJ Growth, with participation from China Investment Corporation (CIC) and Chinese early-stage investor FreeS Fund.
DCM leads $10m round for China big data specialist
DCM Ventures has led a $10 million round for SequoiaDB, a Chinese big data software developer, followed by existing investor Qiming Venture Partners.
IDG Capital Partners closes $1b China VC fund
IDG Capital Partners has closed its latest China-focused venture capital fund at $1 billion, in partnership with Silicon Valley-based Breyer Capital.
Singapore’s Paktor raises $10m for Japan, Korea expansion
Paktor, a Southeast Asia-focused mobile dating app, has raised $10 million in a new round of funding led by Japan’s YJ Capital, the corporate venture arm of Yahoo Japan.
IIFL, Accion lead round for Indian fintech startup NeoGrowth
IIFL Asset Management and Accion Frontier Inclusion Fund have led a funding round of an undisclosed amount in Indian small retailer-focused fintech start-up NeoGrowth.
Japan's SmartNews secures $38m Series D
Tokyo-based news discovery app SmartNews has raised $38 million in a Series D round led by Development Bank of Japan.
Alibaba acquires VC-backed Chinese app platform Wandoujia
Alibaba Group has bought China-based Android mobile app platform Wandoujia - which has several VC and PE investors, including DCM Ventures and Goldman Sachs - for an undisclosed sum.
Cross-border VC: Changes in the wind
US-China cross border investment continues to present exciting opportunities for venture capital firms targeting technology start-ups, but investors must keep up with the pace of the market’s transformation
Sequoia leads $70m round for China cloud services specialist
Existing investor Sequoia Capital China has led a $70 million Series C round for Yuntongxun, a Chinese provider of cloud-based services for corporate communications, followed by TrustBridge Partners.
Legend spin-out Joy Capital raises $200m for VC fund
Joy Capital, a Chinese venture capital firm that spun out from Legend Capital, has raised $200 million for its debut fund.
Gobi leads $3m round for Australia's Airwallex
Gobi Partners has led a A$5 million ($3 million) round of funding for Australia-based digital payment services developer Airwallex.