JAFCO
Advent International head Matsumoto leaves
Hiroshi Matsumoto, head of buyout firm Advent International's Japanese operations, will leave the company, according to reports.
JAFCO will buy 78% stake in Japanese budget barbershop from ORIX
ORIX Corp., the Japanese leasing and financial conglomerate, is reportedly selling a 78% stake in QB House, the operator of a discount barbershop chain, to JAFCO Co., Ltd., the Japanese venture capital pioneer in a deal estimated at around JPY10 billion...
The changing face of venture
With the US back on the radar as the market of choice for the best and brightest in TMT, where do Asian companies fit into the picture, and how are VC funds finding them early enough to make a profit?
VC-backed Tudou plans for $150 million IPO
VC-backed Chinese online video major Tudou.com is set to make its public debut on NASDAQ in Q1 2011, with the aim of garnering between $100-150 million from its listing.
Japan's Tonchidot com gets $12 million from local, global VCs
Tonchidot Corporation., a privately-held provider of mobile augmented-reality platforms in Japan, has raised $12 million in Series B funding from local and global venture capital firms.
VC-backed ChinaCache goes for NASDAQ IPO
Venture capital-backed ChinaCache International Holdings, which claims to be China's largest online content delivery service provider, has applied for an IPO on NASDAQ, promising a liquidity event for investors including Intel Capital and Qiming Venture...
Japan's INCJ will invest $41 million in battery business
Innovation Network Corporation of Japan, the state-owned fund supported by public capital, will invest JPY3.5 billion ($41.3 million) in Enax Co., Ltd., an lithium-ion battery developer in Japan.
Vriti Infocom gets $5 million from JAFCO, Intel
JAFCO Asia has led a $5 million Series B round of funding into Indian e-learning and exam-preparation company Vriti Infocom, with existing investor Intel Capital also participating.
PE-backed Ambow Education opens on NYSE below target
Ambow Education Group – the Chinese education and career development service provider backed by Actis, CStar Investment, EdVenture, JAFCO Asia Technology Fund and Macquarie - has launched on the NYSE, raising a reported $107 million, coming in below...
Sohu sells search engine Sogou stake to Alibaba, funds
China’s top e-commerce player Alibaba Group is to take a 16% stake in Sohu.com Inc.’s online search business Sogou as part of a deal that sees Alibaba and its Chairman Jack Ma, through a separate fund, buy preferred shares, while Sohu’s Chairman...
IDG VC, JAFCO, WI Harper invest PRC WAP provider 3g.cn
Wireless Application Protocol (WAP) portal 3g.cn has raised more than $10 million in its third round of financing from VC firms including China Broadband Capital Partners (CBC), IDG VC Partners, JAFCO Asia, and WI Harper Group.
JAFCO Asia, Mitsui, CEL invest Prudent Energy in China
PRC energy storage business Prudent Energy has announced that pan-Asian VC investor JAFCO Asia, Japanese VC firm Mitsui Ventures and European growth capital investor China Equity Links (CEL) Partners, as well as other investors, will invest a total of...
JAFCO Asia plans fifth tech-focused fund
JAFCO Asia is targeting early 2011 to begin fundraising for its fifth fund totaling $150 million, according to reports.
JAFCO, Pac-Link invest Synerchip
JAFCO Asia and Pac-Link Capital have co-led a $10.5 million Series C investment round into Taiwan, Korea and Silicon Valley high-speed digital interface semiconductor company Synerchip Co. Ltd.
Jafco commits to new Jafco Ventures fund
Japanese investment group Jafco has committed $100 million to launch the fourth fund for its US West Coast VC affiliate Jafco Ventures.