Region
CITIC PE leads $55m round for China's BroadLink
CITIC Private Equity has led a RMB343 million ($55 million) Series D round for China’s smart home technology solutions provider BroadLink. It is said to be the largest funding round for a domestic start-up in this market segment.
VCs back New Zealand supercomputing company
A group of VCs including Tokyo-headquartered East Ventures has completed an $8.5 million Series A round for New Zealand big data computing company Nyriad.
Japan Post: Stamp of approval
A newly launched private equity vehicle under the Japan Post brand is being hailed as a validation of the asset class domestically. It could be a critical juncture for the development of local technology markets
Deal focus: ACE secures industry 4.0 buyout
ACE Equity Partners buys control of Woojin Electric Machinery from SkyLake Investment for $200 million with a view to launching a China expansion strategy
VC holding periods: Delayed gratification
The traditional IPO exit timeline for early-stage investors is being pushed out as technology companies raise additional private funding rounds. A more thoughtful approach to securing liquidity is often required
IDG Capital backs Chinese electric car maker
IDG Capital has invested RMB1 billion ($159 million) in Skio Matrix, a Chinese company that manufactures electric cars and batteries.
VCs back $41m investment in Japan's WealthNavi
Japanese financial technology company WealthNavi has raised JPY4.5 billion ($41.3 million) through a combination of domestic venture capital funding and loans from financial institutions.
CDH leads $100m Series D for China's Blued
CDH Investments has led a $100 million Series D round of funding for Blued, a leading gay dating app in China, with participation from UG Capital.
Warburg Pincus abandons Tata Technologies investment
Warburg Pincus has called off a planned $360 million investment in Tata Technologies, the engineering outsourcing and product development IT services arm of Indian conglomerate Tata Group.
PEP to buy Australia's LifeHealthcare
Pacific Equity Partners (PEP) has agreed to buy listed Australian medical devices manufacturer LifeHealthcare for an enterprise valuation of approximately A$211 million ($166 million).
China's Ping An raises $2.2b for healthcare, fintech units
Ping An Insurance Group has raised $2.2 billion in private equity funding for its three technology businesses: Ping An Good Doctor, Ping An Healthcare Management, and OneConnect Financial Technology.
CLSA to buy rental subsidiary of Japan's Marubeni
CLSA Capital Partners (CLSA CP) has agreed to buy Marubeni Mates, a uniform rental business owned by Japanese conglomerate Marubeni Corporation, for an undisclosed sum.
EDBI joins $100m Series B for flying taxi start-up
Singapore’s EDBI has joined a group of venture investors in a $200 million Series B round for US-based Joby Aviation, a developer of electric vertical take-off and landing (eVTOL) aircraft envisioned for use as taxis.
Westbridge-backed Nazara files for India IPO
Indian mobile game platform Nazara Technologies has filed for an IPO that will provide an exit to its private equity backer WestBridge Capital Partners.
CITIC Capital leads Series D for Organica Water
CITIC Capital has led a $21 million Series D investment in Organica Water, a US-based environmental infrastructure company with extensive operations in Asia.
Baidu Ventures makes $318m first close on AI fund
Baidu Ventures, an independent VC firm set up by Chinese internet player Baidu, has achieved a first close of more than RMB2 billion ($318 million) on its second renminbi-denominated fund that focuses on artificial intelligence (AI).
India budget promotes start-ups, but leaves GPs waiting
India’s latest Union Budget promises strong support for domestic entrepreneurs and venture capital investors, but provides few specific measures to benefit the private equity industry.
Alibaba leads $300m round for India's Bigbasket
Chinese online retailer Alibaba Group has led a $300 million funding round for Indian online grocer Bigbasket.
China's Legend Star closes $127m VC fund
Legend Star, the early-stage investment arm of China’s Legend Holdings, has closed its third VC fund at RMB800 million ($127 million).
Deal focus: Tryb sees strength in numbers
Singapore's Makara Innovation Fund supports Tryb Group's push to build a Southeast Asia-focused fintech platform
ACE Equity buys Korean electric machinery maker
ACE Equity Partners, a Korean private equity firm established last year by former SkyLake Investment executive David Ko, has purchased a 100% interest in Woojin Electric Machinery for approximately $200 million.
Navis to exit Singapore's MFS Technology with 3x return
Navis Capital Partners has agreed to exit its controlling position in Singapore-based circuit board maker MFS Technology. The GP will generate a 3x money multiple and an IRR of more than 40% on the investment.
NSI in $13m round for Singapore's Love Bonito
NSI Ventures has taken part in a $13 million Series B round of funding for Singapore-based lifestyle brand Love Bonito.
Chinese auto financing site raises $92m Series B round
Meliche Jinrong, the online auto finance subsidiary of Chinese consumer loans site Meili Jinrong, has raised a $92 million Series B round led by local agribusiness player New Hope Group.