Technology
Korean digital food trading platform raises $11m
Tridge, a Korean international trading platform for agricultural products, has raised $11 million in a Series B round from SoftBank.
Singapore GP launches $500m Japan-Israel tech fund
Singapore private equity firm Chartered Group has teamed up with Israel’s Ministry of Defense to launch a Japan-Israel cross-border technology fund targeting $500 million.
Indian corporate travel booking platform raises $13m
Itilite, a platform that helps Indian corporates manage travel-related expenses, has raised $13 million in a Series B round led by Greenoaks Capital and Vy Capital.
India's NoBroker raises $80 million in Series D funding
Existing investor General Atlantic has joined Tiger Global Management in a Series D funding round for Indian real estate marketplace NoBroker.
Lightspeed leads $20m round for India conversational AI platform
Lightspeed Venture Partners and Lightspeed India Partners have led a $20 million Series B round for Indian conversational artificial intelligence (AI) provider Yellow Messenger.
Lightspeed completes $4b global fundraising effort
Lightspeed Venture Partners has raised $4 billion across early and growth-stage funds, including $1.5 billion for an opportunity fund that will support breakout companies in global markets such as China, India and Southeast Asia.
Microsoft venture arm leads Series D for India's FarEye
FarEye, an Indian logistics platform, has raised $25 million in a Series D round led by M12, Microsoft's corporate venture arm.
Chinese voice recognition player AISpeech raises $58m
Chinese voice recognition player AISpeech has raised RMB410 million ($58 million) in a Series E round led by CTC Capital.
China Everbright backs smart illumination start-up
China Everbright has joined a RMB200 million ($28 million) Series C round for Yeelight, a Chinese start-up that makes smart lighting products.
Australia's Airwallex gets $160m Series D
The VC divisions of ANZ Bank and Salesforce have led a $160 million Series D round for Australian financial technology company Airwallex.
Indonesia's KoinWorks raises $20m in debt
KoinWorks, an Indonesian financial technology start-up primarily known for P2P lending, has raised $20 million in debt by selling convertible notes to existing investors.
Matrix, CICC back Chinese optical chip pioneer
Lightelligence, a US and China-based manufacturer of optical chips, has raised a $26 million Series A round led by Matrix Partners China and China International Capital Corporation (CICC).
Tenaya Capital leads Series A round in Indonesia’s Kargo
Indonesian logistics platform Kargo Technologies has finalised a IDR504 billion ($31 million) Series A round led by Tenaya Capital, formerly the venture arm of Lehman Brothers.
Japan's Paidy tops up Series C round
Japanese payments start-up Paidy has topped up its Series C round with an additional commitment from Itochu Corporation. It brings the company's total capital raised to date to $281 million.
Deal focus: Yuanfudao stakes its claim
Eight years old and yet to turn a profit, Chinese K-12 online education platform Yuanfudao is now valued at $7.8 billion. Investors say they are comfortable playing the long game
Profile: 500 Startups' Khailee Ng
Khailee Ng’s transition from start-up founder to VC investor has made him happier and healthier. He plans to continue pushing 500 Startups into uncharted territory within Southeast Asia
Qiming defies coronavirus to close seventh China fund at $1.1b
Qiming Venture Partners has closed its seventh US dollar-denominated China fund at $1.1 billion following an approximately two-month process that involved a last-minute relocation of on-site due diligence from Shanghai to San Francisco.
Sequoia leads $12m round for Indian agriculture marketplace
DeHaat, a marketplace and retailer for Indian farmers, has raised $12 million in a Series A round led by Sequoia Capital India.
China office decorating start-up gets Eight Roads backing
InDeco, a Chinese startup that offers one-stop commercial workspace decoration solutions, has raised $20 million in a Series C round led by Eight Roads Ventures.
Southeast Asia VC: Different strokes
Ahead of an expected increase in LP interest, Southeast Asian VCs vie to stand out from the crowd by fine-tuning strategies to capture the virtues of both generalists and specialists
Indonesia's Agaeti, Convergence merge to form AC Ventures
Indonesian venture capital investors Agaeti Ventures and Convergence Ventures have announced a merger to form a new firm, AC Ventures.
Hostplus backs $19m Series B for Australia's Myriota
Hostplus, an Australian superannuation fund known for its VC activity, has backed a $19.3 million Series B round for local space technology start-up Myriota.
Chinese AI player Intellifusion raises $141m
Forebright Capital, Walden International and state-owned Utrust Fund have led a RMB1 billion ($141 million) pre-IPO round for Chinese artificial intelligence (AI) technology developer Intellifusion.
Korean investors contribute $43m to India's Swiggy
Ark Impact, Korea Investment Partners, Samsung Ventures and Mirae Asset Capital Markets joined a $43 million funding round for Indian food and grocery delivery platform Swiggy.