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North Asia

AIP Japan to launch $300m healthcare focused fund

Asia Investment Partners (AIP) Japan is launching its sixth healthcare-focused fund, which will specifically target the elderly care home segment.

  • Healthcare
  • 29 May 2014
Japan Industrial Solutions invests $98m in Unitika

Turnaround specialist Japan Industrial Solutions (JIS) has agreed to acquire a stake in listed textiles manufacturer Unitika for JPY10 billion ($98 million).

  • North Asia
  • 28 May 2014
Accelerator fundraising: Backing the batch

The start-up accelerator can offer attractive opportunities for early-stage investors but the business model is still in its infancy and educating potential backers can still be challenge

  • Venture
  • 28 May 2014
Japan's INCJ joins $8.2m deal for TB vaccine developer

The Innovation Network Corporation of Japan has made a joint investment with Osaka-based Dainippon Sumitomo Pharma and Japan BCG Laboratory in Create Vaccine Company, which is developing a new tuberculosis (TB) vaccine.

  • North Asia
  • 27 May 2014
IFC commits $147m to India's Jubilant Pharma

International Finance Corporation (IFC) has completed one of its largest investments in India’s healthcare sector, committing $147.5 million to Jubilant Pharma.

  • Healthcare
  • 27 May 2014
VCs invest $1.3m in Japan mobile rewards platform

Gree Ventures, CyberAgent Ventures and Incubate Fund have together invested $1.3 million in Yoyo, the start-up behind mobile rewards platform Candy.

  • North Asia
  • 26 May 2014
Globis leads $14m round for Japan app developer

Globis Capital Partners has led a JPY1.4 billion ($13.7 million) round of investment for Japanese mobile app developer Akatsuki.

  • North Asia
  • 22 May 2014
Early stage Japan: Accelerating Tokyo
Early stage Japan: Accelerating Tokyo

The numbers suggest that early-stage investing is in the midst of a renaissance in Japan. While the emergence of incubators and angels is encouraging, the start-up community still lacks depth

  • Venture
  • 21 May 2014
India to see rise in restructuring opportunities - PE survey

India will see a sharp increase of corporate restructurings over the next 12 months, driven by corporate debt and liquidity issues, according to a PE industry survey by global business advisory firm AlixPartbers.

  • South Asia
  • 20 May 2014
PE-backed Tongyang Life remains in hunt for Korea's LIG Insurance

Tongyang Life Insurance, a South Korean insurer majority-owned by Vogo Investment, has submitted a binding bid for a controlling stake in LIG Insurance.

  • Financials
  • 20 May 2014
Japan's Next Capital exits massage chair maker to Asahi

Next Capital has agreed to exit its stake in Fuji Medical Instruments (Fujiiryoki), a Japanese manufacturer of massage chairs and other health-related products, to Asahi Holdings for JPY7.8 billion ($76.7 million).

  • North Asia
  • 20 May 2014
CVC announces final close of $3.5b on fourth Asian fund

CVC Capital Partners has announced a final close on its fourth pan-Asian fund at the hard cap of $3.5 billion. The vehicle has spent just under a year in the market, having launched in June 2013 with a target of around $3 billion.

  • Fundraising
  • 19 May 2014
DCM leads $14.6m round for Japan CRM start-up

DCM has led a JPY1.46 billion ($14.6 million) round of investment for Sansan, the Japanese start-up behind business card-based customer relationship management (CRM) solution Eight.

  • Early-stage
  • 19 May 2014
INCJ invests $4m in Japan's Customer Communications

The Innovation Network Corporation of Japan (INCJ) has invested JPY400 million ($4 million) in Customer Communications (CCL), which provides analytics for consumer purchasing behavior.

  • Technology
  • 19 May 2014
Japan's Gree Ventures reaches $50m first close on tech fund

Gree Ventures - the corporate VC arm of the Japanese mobile gaming firm Gree - has held an initial close on its second fund, AT-I Investment, of JPY5 billion ($50 million).

  • Early-stage
  • 16 May 2014
Unison exits Japan real estate management firm to Fosun

Chinese conglomerate Fosun Group has bought Tokyo-based real estate management firm IDERA Capital Management from Japanese private equity firm Unison Capital. Financial terms were not disclosed.

  • Greater China
  • 16 May 2014
Fenox, Mizuho lead $10m round for Japan e-scooter maker

Fenox Ventures and Mizuho Capital have led a $10 million round of investment in Terra Motors Corp, a Japanese manufacturer of two and three-wheeler electric vehicles.

  • Venture
  • 16 May 2014
DBJ invests $14m in Japan's Diamond Electric

The Development Bank of Japan(DBJ) has invested JPY1.5 billion ($14 million) in Diamond Electric, a Tokyo-listed electronic devices manufacturer, for a 49.5% a stake.

  • North Asia
  • 14 May 2014
Global Brain, 500 Startups lead Series C for couples app

VCNC, the Korean start-up behind couples app Between, has raised a Series C round of investment from Japanese venture capital firm Global Brain and US investor 500 Startups.

  • Early-stage
  • 13 May 2014
POSCO VC leads Series A for Korean online video provider

POSCO Venture Capital - the corporate VC arm Korean steel maker POSCO - has led a $3 million Series A round of funding for online video start-up Shakr Media.

  • North Asia
  • 12 May 2014
CyberAgent invests $1.6m in Japan flea market app

Japanese internet firm CyberAgent has invested JPY160 million ($1.6 million) in VC-backed mobile flea market app 10sec.

  • Technology
  • 09 May 2014
CVC buys KFC Korea franchise

CVC Capital Partners has agreed to buy the South Korea KFC business from domestic conglomerate Doosan for KRW100 billion ($97.9 million).

  • North Asia
  • 09 May 2014
WM Partners in debut secondary deal

When Moriyoshi Matsumoto spun out from JAIC to form WM Partners (WMP) last year it was with a view to targeting a very specific need.

  • North Asia
  • 07 May 2014
UTEC invests $2m in Japan broadband service

University of Tokyo Edge Capital (UTEC) has invested JPY200 million ($1.9 million) in Nabiq, a Japanese provider of wireless broadband services for businesses, as part of Series A round of funding.

  • North Asia
  • 05 May 2014
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