KB Investment
India livestreaming platform Eloelo raises $22m
US investors Courtside Ventures and Griffin Gaming Partners have led a USD 22m pre-Series B round for Indian social gaming and livestreaming platform Eloelo.
MDI merges SE Asia programmes, launches $200m fund
MDI Ventures, an investment firm supported by Telkom Indonesia, has merged two existing programmes to form Ascent Venture Group, which is looking to raise USD 200m for deployment in Southeast Asia.
India's Elev8 hits $67m first close on maiden fund
India’s Elev8 Venture Partners has reached a first close of USD 67m on its debut growth-stage venture fund with Korea’s KB Investment as the anchor LP. The target is USD 200m.
Korea autonomous driving player gets $25m
Korea’s Seoul Robotics, which specialises in computer vision for 3D sensors used by autonomous cars, has raised a USD 25m Series B round led by KB Investment.
Indonesia's Qoala raises $65m Series B
Eurazeo has led a USD 65m Series B round for Indonesia’s Qoala, which claims to be the only insurance technology start-up with licenses in three Southeast Asian countries.
Korea autonomous driving tech supplier raises $20m
Morai, a Korean autonomous vehicle simulation technology supplier, has raised USD 20m in Series B funding from investors including Korea Investment Partners and Hyundai Motor Group.
Korea media platform gets $12m Series C
Korea’s SV Investment has led a $12 million Series C round for local media and advertising platform Dable at a valuation of around $90 million.
Korea's MegazoneCloud raises $122m Series B
Korean enterprise cloud services provider MegazoneCloud has closed a $122 million Series B round featuring more than 20 investors, including at least eight private equity firms.
India's FarEye gets additional $13m for Series D
Indian logistics platform FarEye has received additional funding of $13 million from The Fundamentum Partnership and a fund managed by South Korea’s KB Investment.
Korea GPs back $281m Malaysia VC fund
Korea’s SK Group, Hanwha Asset Management, and KB Investment have contributed to a MRY1.2 billion ($281 million) VC fund launched by the Malaysian government.
Indonesian insurtech player Qoala raises $13.5m Series A
Qoala, an insurance technology start-up in Indonesia, has raised $13.5 million in a Series A round led by Centauri Fund, a vehicle jointly run by KB Investment and MDI Ventures.
Korea fintech player Tera Funding gets $18m
Korean financial technology provider Tera Funding has secured an $18 million Series B round from a group including SBI Investment Korea and KB Investment.
VCs invest $11m in Singapore talent agency
Gushcloud International, a digital talent agency based in Singapore, has received $11 million from a group of regional VCs and US hip-hop mogul Russel Simmons (pictured).
Korea's Orum Therapeutics secures $30m Series B
Orum Therapeutics, a Korean biotechnology developer targeting cancer and rare diseases, has secured a $30 million Series B round from a group including IMM Investment and InterVest.
China cross-border e-commerce platform raises $30m
Bolome, a Shanghai-based cross-border e-commerce platform, has raised a $30 million Series B round of funding from Chinese and South Korean investors including search engine Baidu, LB Investment, Share Capital and Chengwei Capital.