Technology
Cyberagent leads Series A for 3D printing start-up
Cyberagent Venture, the corporate VC arm of internet firm Cyberagent, has led a $2 million Series A round of investment in Japanese 3D printing service Kabuku.
China's Capital Today targets evergreen fund
China-focused private equity firm Capital Today is seeking to raise an “evergreen” fund with an lifespan far longer than the industry standard 10 years, whereby funds usually enter the exit phase in year three.
KDDI invests $1m in Japan handiwork marketplace
KDDI Open Innovation Fund, the early-stage investment vehicle backed by Japanese telecoms giant KDDI, has invested JPY100 million ($1 million) in Creema, an online consumer-to-consumer (C2C) market for handmade items.
IDG leads $20m Series B for China's Dew Mobile
IDG Capital Partners has led a $20 million Series B round of investment in DewMobile, the Chinese start-up behind file transfer app Zapya.
GenNext leads Series B round for India's Covacsis
GenNext Ventures - the VC arm of Reliance Industries - has led a Series B round of investment in India-based enterprise software developer Covacsis Technologies.
Morningside, Qiming invest $15m in China social networking app
Morningside Technologies and Qiming Venture Partners have committed $15 million in Series A funding to Inbilin, a Chinese voice call social networking app.
IDG invests $20m in China file transfer app
IDG Capital Partners has committed $20 million in Series B funding to Zapya, a Chinese file transfer mobile app.
India VC Reservoir reaches first close on maiden fund
India early stage investor Reservoir Investment Managers has reached a first close on its maiden fund, Exfinity Technology Fund - Series I (ETF-I).
Singapore payment platform Fastacash secures $4m
Singapore-based payment platform Fastacash has secured a $4 million Series B round of funding from Jagdish Chanrai, principal of Kewalram Chanria Group, and Golden Oriole Investments.
INCJ to invest $8m in Japan's Microwave Chemical
The Innovation Network Corporation of Japan (INCJ) will invest JPY800 million ($7.8 million) in Microwave Chemical (MWC), a Osaka University start-up seeking to commercialize innovative chemical processes using microwaves.
Sequoia commits $15m to India gaming company
Sequoia Capital has provided $15 million in Series A funding to Octro, an India-based mobile games developer.
GIC, Insight buy US software firm, Warburg Pincus exits
Singapore sovereign wealth fund GIC Private has joined Insight Venture Partners in its $752 million purchase of iParadigms, a US maker of anti-plagiarism software, from Warburg Pincus.
Shunwei raises $525m for second China VC fund
Shunwei Capital Partners, a Chinese VC firm set up by Lei Jun (pictured), a noted angel investor and founder of mobile phone brand Xiaomi, has closed its second fund at $525 million.
SIGVC invests in China Resources’ online drug platform
Shanghai International Group Venture Capital (SIGVC) has provided a RMB300 million ($48 million) Series A round funding for J1.com, an online drug store launched by China Resources Holdings.
China VC: The virtuous circle
China’s VC market is evolving as funds started by or raised from founders of first-generation internet firms. Concerns about conflicts of interest must be addressed, but the influence of their ecosystems will grow
Sequoia leads $100m round for China news app
Toutiao, a Chinese mobile news app operator, has received $100 million in a Series C round of investment led by Sequoia Capital.
Apax to invest $15m in China's Zhaopin alongside IPO
Zhaopin, a Chinese recruitment website which has previously raised capital from several VC firms, will receive $15 million from Apax Partners alongside a US IPO.
Bertelsmann, NVP back India furniture marketplace
Norwest Venture Partners (NVP) and international media company Bertelsmann have teamed up to invest in Pepperfry.com, an Indian online marketplace specializing in furniture and home accessories.
GGV leads $15m round for Southeast Asia taxi-booking app
GGV Capital has led a Series B round of funding worth more than $15 million for GrabTaxi, a Southeast Asia-focused taxi-booking mobile phone app.
Capital Today commits $7m to online game developer
China-focused investor Capital Today has participated in a $7 million round of funding for Thatgamecompany, a US online game developer.
Sequoia leads $100m round for Korean e-commerce platform
South Korean e-commerce platform Coupang has raised a $100 million round of funding led by Sequoia Capital that is said to value the company at more than $1 billion.
Softbank invests in Chinese P2P site Edai
Softbank China Venture Capital (SBCVC) has committed a Series A round of funding for Chinese peer-to-peer lending (P2P) platform Edai.com.
Mobile app analytics firm App Annie raises $17m from VCs
Mobile app analytics platform App Annie has raised $17 million in new funding from existing investors IDG Capital Partners, Greycroft Partners and Sequoia Capital.
Accel-backed India medical advisory service bought by Ebix
Healthcare Magic, an India-based medical advisory service that won early backing from Accel Partners, has been acquired by NASDAQ-listed on-demand software and e-commerce services provider Ebix.