Indian self-driving rental platform Zoomcar has raised $30 million in Series D funding with a contribution from a Sony-branded fund managed by Innovation Growth Ventures.
First at Legend Capital and now at Joy Capital, Erhai Liu has demonstrated a knack for spotting emerging technology trends in China and helping founders navigate the challenges of entrepreneurialism
Chinese gene testing business AmCare Genomics Lab has raised RMB110 million ($16 m) in Series B funding led by Green Pine Capital Partners. This comes four months after the company closed an extended Series A round of RMB30 million.
US-based Massachusetts Mutual Life Insurance Company (MassMutual) has established a second venture capital fund for Southeast Asia with a corpus of $100 million.
Uber’s foray into food delivery in India has come to an end with the sale of the business to local peer Zomato through an all-stock deal.
Wipro Ventures, a venture capital investment arm of the eponymous Indian enterprise software provider, has raised $150 million for its second fund.
CITIC Capital’s acquisition of Hangzhou UCO Cosmetics was predicated on the rise of China’s beauty industry, but it is also part of a broader ecosystem play
New Delhi-headquartered venture capital firm Venture Highway has raised $78.6 million for its second fund, which will focus on early-stage investments in technology start-ups.
China-based I-Mab Biopharma traded as much as 12% lower than initial pricing following the private equity-backed company’s $104 million IPO in the US.
Airlook, a Chinese three-dimensional map provider, has raised nearly RMB100 million ($14 million) in an extended Series B round led by GF Qianhe, the alternative investment arm of Hong Kong-listed GF Securities.
VC-backed Chinese B2B fabrics trading platform Baibu is making the transition from online marketplace to cloud-based consolidator of the country's fragmented factories
FountainVest Partners has acquired a significant minority stake in Maoyan Entertainment, a Chinese online ticketing business that completed an IPO in Hong Kong last February.
After establishing artificial intelligence units for Google and Baidu, Andrew Ng famously declared AI “the new electricity” and launched AI Fund, an incubator with a $175 million war chest
Ankur Capital, an Indian early-stage investor focused on healthcare and agriculture technology investments, has reached a first close of INR2.4 billion ($33 million) on its second fund.
Tiger Global Management has led a $300 million funding round for India-based online learning platform Byju’s, joining an investor roster that already includes Tencent Holdings, General Atlantic, Naspers Ventures, Sequoia Capital India, and the Chan...
Ant Financial has invested $150 million in Indian restaurant discovery and food delivery platform Zomato, pushing the company's valuation to $3 billion.
China-focused venture capital fund-of-funds Unicorn Capital Partners, which has raised $350 million for its latest vehicle, expects consolidation in the tech investment space as underperforming GPs flounder
Inagora - operator of an e-commerce platform that sells Japanese premium products to Chinese customers - has raised JPY5.3 billion ($48m) from SBI holdings, pharmacy chain Sugi Holdings and Xinjin Holding, the cross-border alternative investment arm of...
BP has realized its first investment in China’s artificial intelligence (AI) sector by backing energy systems developer R&B Technology through a venture capital arm.
Zhiyun Health, a Chinese online healthcare services provider, has raised more than RMB1 billion ($144 million) across two rounds. It describes the investment as the largest private funding event globally in the chronic disease management space.
DataCloak, a Shenzhen-based data security start-up that employs the zero-trust approach, has raised $13 million in Series A funding led by Jeneration Capital.
Soul Machines, a New Zealand-based company specializing in emotionally responsive artificial intelligence (AI), has raised a $40 million Series B round led by Temasek Holdings.
Chinese smart sensor maker Hesai Technology has raised a $173 million Series C round led by Germany’s Bosch Group and existing investor Lightspeed China Partners.
Tencent Holdings and XiangHe Capital have led a $73 million Series C round for China-based cybersecurity services provider NextData.