seed
Convergence Accel launches $25m Indonesia VC fund
Jakarta-based VC firm Convergence Accel has launched a $25 million debut fund that will invest in Indonesian early-stage technology companies.
India's GHV forms partnership with Japan's WiL
India's Green House Venture (GHV) Accelerator has teamed up with Japan and US-based early-stage investor World Innovation Labs (WiL) to back Indian start-ups with the potential to go global.
Singapore’s Infocomm Investments extends reach to Europe
Infocomm Investments, a VC arm of the Singapore government-backed Infocomm Development Authority (IDA), has opened an office in London, its second overseas base after Silicon Valley.
Tembusu provides seed round for Singapore’s GNum
Tembusu Partners has committed S$7 million ($5.5 million) in seed funding to GNum, developer of a patent-pending technology that allows calls from PCs and handheld devices to be routed to a user’s mobile phone without the need to first download an app.
JFDI.Asia launches fifth start-up batch
Singapore-based start-up accelerator JFDI.Asia has launched the fifth batch of its program which will include 12 new companies.
CyberAgent, Mizuho back Japan venue rental marketplace
CyberAgent Ventures and Mizuho Capital have together invested JPY100 million (about $1 million) in SpaceMarket, a Japanese online platform that lists vacant spaces that users can rent for corporate events such as meetings and training courses.
Bertelsmann Asia launches angel fund in China
Bertelsmann Asia Investments (BAI), the Beijing-based investment arm of German media giant Bertelsmann, has launched a new angel fund to focus on seed-stage investments in China.
GGV, Tencent invest $13m in US tracking device maker
Tile, a US start-up that makes devices used to track lost items, has raised $13 million in funding from China-based investors.
Jungle Ventures commits $1.6m to Thailand fashion site
Jungle Ventures has led a $1.6 million pre-Series A round for Pomelo, a Thailand-based online fashion retailer.
Singapore supports med-tech accelerator program
Spring Seeds Capital, an investment arm of government-backed Spring Singapore, has launched an initiative that could channel up to S$60 million ($47 million) into local medical technology start-ups.
Australia’s Looop raises $2m
Looop, an Australian online learning platform for employees, has raised a $2 million seed round from an undisclosed education investor.
Rebright leads $1m seed round for Singapore’s Smove
Japanese seed investor Rebright Partners has led a $1.1 million funding round for Clean Mobility Singapore, the Singapore-based start-up behind car rental service Smove, with participation from 500 Startups and Wavemaker Pacific.
ZhenFund, Cloud Angel Fund back China Gllue
ZhenFund and Cloud Angel Fund have provided an angel round of funding for Gllue Software, a Chinese software developer.
Inflexion Point launches $15m Japan-focused game fund
Singapore venture capital firm Inflexion Point Capital (IPC), has launched a $15 million fund to focus on investments in Japan's mobile gaming start-ups.
Qualcomm commits $150m to invest in Chinese start-ups
Qualcomm has launched a $150 million strategic venture fund to invest in Chinese start-ups in the mobile technology space.
VC firm launches $13.6m Anglo-Japanese agri fund
Japanese venture capital firm Tsukuba Technology Seed (TTS) has teamed up with the UK's Adapt Low Carbon Group to launch an Anglo-Japanese VC fund focusing on agricultural innovation.
India's budget: Roadmap to recovery?
India’s recent Union Budget represents the opening salvo from a government that many in the business community hope will get the country moving again. The private equity industry is watching closely
KDDI joins corporates to launch incubator
Japanese telecoms giant KDDI will partner with 13 other corporates to create a start-up incubator targeting internet-related businesses.
India announces $1.6b fund to support start-ups
The Indian government has pledged to support local start-ups by launching a INR100 billion ($1.6 billion) fund-of-funds.
Q&A: Infocomm Development Authority's Steve Leonard
Singapore has introduced a slew of initiatives as part of efforts to become a technology hub. Steve Leonard, executive deputy chairman of the government-backed Infocomm Development Authority (IDA), explains how and why
New Australian crowd-funding platform set for launch
A new equity crowdfunding platform called Equitise is being launched in Australia.
Lightspeed China closes Fund II at $260m
Lightspeed China Partners has reached a final close of $260 million on its second China fund, exceeding the target of $220 million.
China's Innovation Works exits Elex Technology via trade sale
Beijing-based incubator Innovation Works has sold its entire 3.49% stake in mobile games platform Elex Technology to Chinese Universe Publishing and Media for RMB70 million ($11 million).
Singapore's Sova raises $3m seed round
Sova, a Singapore start-up that provides a cloud-based WordPress hosting service, has secured $3 million in seed funding from undisclosed investors.