Venture
Tiantu leads Series B for China home renovation platform
Consumer-focused GP Tiantu Capital has led a Series B round of funding for Mei Jia Bang, a Chinese start-up that provides online interior design solutions.
China’s Didi Kuaidi invests in Indian peer Ola
China-based ride-hailing app operator Didi Kuaidi has invested an undisclosed sum in Indian counterpart Ola, as part of its latest round of funding.
Qualcomm launches $150m India venture fund
Qualcomm Ventures, the VC arm of US semiconductor producer Qualcomm, has formed a $150 million fund to invest in Indian mobile and internet start-ups.
Hillhouse, Goldman lead $394m round for China healthcare portal
Guahao.com, a Chinese healthcare information portal, has completed a Series B round of funding worth $394 million led by Hillhouse Capital and Goldman Sachs.
Northern Light leads $12m Series B round for China's Teambition
Northern Light Venture Capital has led a $12 million Series B round for Chinese collaboration app Teambition, with participation by existing investors IDG Capital Partners, Vangoo Capital and Gobi Partners.
China delivery app Beequick raises $70m
Beequick, a Chinese online food and drink delivery app, has completed a Series C round worth $70 million from Hillhouse Capital, Eastern Bell Venture Capital, Tiantu Capital and Sequoia Capital.
CDC invests $55m in Asia frontier markets online retailer
CDC Group, the UK development finance institution, has invested EUR50 million ($55 million) in Daraz, an online retailer operating in Pakistan, Bangladesh and Myanmar.
India home healthcare provider gets $37.5m
Accel Partners has led a $37.5 million Series B round for home healthcare start-up Portea Medical, with participation from the International Finance Corporation (IFC), Qualcomm Ventures, and Ventureast.
CMC in $65m round for US VR tech developer Jaunt
Jaunt, a US-based start-up that develops virtual reality (VR) technology, has received a $65 million Series C round of funding led by Walt Disney, media-focused PE firm China Media Capital (CMC), TPG Growth, Evolution Media Partners and Participant Media.
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.
Portfolio: LanzaTech and its VC network
New Zealand-based LanzaTech decided to monetize its anti-pollution technology by recruiting investors in target geographies. Local regulations remain a challenge, but the company is now beginning to scale
Fund focus: Super funds flock to Blackbird
First State Super and HOSTPLUS join the LP roster for Blackbird Ventures' latest tech fund
Singapore's NRF commits $28m to VC funds
Singapore's National Research Foundation (NRF) will commit S$40 million ($28 million) to local venture capital funds through the third installment of its Early Stage Venture Fund (ESVF).
India's Trifecta reaches $30m first close on venture debt fund
Trifecta Capital, the venture debt firm set up by former Canaan Partners Managing Director Rahul Khanna, has reached a first close of INR2 billion ($30 million) on its debut fund.
BlaBlaCar raises $200m for emerging markets push
Insight Venture Partners and Lead Edge Capital have led a $200 million Series D round for French ride-sharing start-up BlaBlaCar to fuel its push into emerging markets.
China VCs back US communications start-up
A group of VC investors including Morningside Technologies, SIG, GGV Capital, Shunwei Capital Partners and IDG Capital Partners have invested in a $20 million Series B round of funding for Agora, a US-based communications-as-a-service provider.
Baidu leads $150m round for China baby product e-commerce site
Chinese search provider Baidu has led a $150 million Series D round of funding for Mia.com, a local childcare-focused e-commerce platform. The two companies have also agreed a strategic partnership.
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.
Super funds support Blackbird's $143m Australia VC vehicle
Australia-based venture capital firm Blackbird Ventures has raised A$200 million ($143 million) for its second fund, winning support from local superannuation funds First State Super and HOSTPLUS.
Vertex, Sinar Mas lead round for Indonesia's HappyFresh
Vertex Ventures and Sinar Mas Digital Ventures have led a $12 million funding round for Indonesia-based online grocer HappyFresh.
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.
China’s Meituan leads $35m round for online campus store
Zhai.me, a Shanghai-based online convenience store aimed at students, has raised $35 million in a Series B round of funding led by Meituan.com, a group-buying site backed by Alibaba Group and several VC firms.
2015 AVCJ Awards - last call for nominations
Nominations for the 2015 AVCJ Private Equity & Venture Capital Awards close today, September 23. The deadline has already been extended once and will not be extended again.
Source Code leads $31m round for China B2B liquor platform
China-based B2B liquor-trading platform Yijiupi has received RMB200 million ($31.3 million) in a Series B funding round led by Source Code, a VC firm created last year by Yi Cao, formerly of Ceyuan Ventures and Sequoia Capital.