Taiwan (China)
Taiwan's local PE industry requires careful cultivation - AVCJ Forum
Investors are encouraged by initiatives Taiwan’s government has launched to develop the local private equity market, but they told the AVCJ Taiwan Forum that areas such as team-building and deal availability to build a sustainable industry.
Taiwan PE: Local problem, local solution
Mutual fund managers are expected to be among the first beneficiaries of moves by the Taiwan government to cultivate a domestic PE ecosystem. Industry participants are optimistic, but they must be patient
Vertex closes Southeast Asia, India fund at $210m
Vertex Ventures, the VC arm of Singapore’s Temasek Holdings, has closed its latest Southeast Asia and India fund at $210 million, exceeding the $150 million target.
Cathay’s mutual fund business to form local PE unit in Taiwan
Cathay Securities Investment Trust, Taiwan’s largest asset management business, is set to become the first local fund house to establish its own private equity unit.
Deal focus: Gogoro takes its scooters global
Taiwan-based Smartscooter wants to stimulate demand for its electric vehicles in Southeast Asia by rolling out a dedicated network of battery exchange stations. The company has raised $300 million in support of this plan
Temasek in $300m round for Taiwan scooter maker
Singapore’s Temasek Holdings has joined a $300 million funding round for Taiwan-based electric scooter manufacturer Gogoro.
Deal focus: GoGoVan, 58 Suyun seek Asia logistics dominance
Online logistics platforms GoGoVan and 58 Suyun have combined their complementary business models to fuel their Asia expansion plans
TPG acquires Taiwan healthcare player
TPG Capital has acquired a controlling stake in Taiwan’s OPC Holding, a contract research organization that offers clinical trial services across a number of medical fields.
Singapore’s EDBI in $33m round for Taiwan AI player
Singapore-based EDBI has joined a $33 million Series C round for Taiwanese artificial intelligence (AI) company Appier. It brings the company’s total funding to date to $82 million.
SparkLabs launches Taiwan accelerator
US and Korea-based venture capital firm SparkLabs Global Ventures has launched an accelerator program in Taiwan that will focus on internationalizing local technology start-ups.
M17 Entertainment gets $40m Series A round
M17 Entertainment, a Taiwan and Singapore-based media streaming company, has raised a $40 million Series A funding round led by Japan’s Infinity Venture Partners.
Japan's Floadia closes $14m Series B
Floadia, a Japan-based company specializing in microchip memory technology, has closed a JPY1.6 billion ($14.1 million) Series B fund round from a number of Taiwanese, Japanese and US venture capital firms.
Taiwan regulator nixes Carlyle's EBC exit
The Carlyle Group appears to have hit a wall in its latest attempt to exit Taiwan TV station Eastern Broadcasting (EBC) as the National Communication Commission (NBC) blocked a sale to Taiwan Optical Platform, a local telecom services provider.
CDIB Capital backs World Gym Taiwan
CDIB Capital, the PE arm of Taiwan's China Development Financial, has acquired a minority stake in World Gym Taiwan, the largest fitness center chain in Taiwan, alongside several co-investors. Financial terms were not disclosed.
PE and smart manufacturing: Intelligent designs
The emergence of internet-connected manufacturing has created a new investment area that will impact adjacent sectors and even entire economies for decades to come. PE is among the early movers
Taiwan’s Foxconn to buy stake in SoftBank investment unit
Taiwan-based Foxconn Technology Group has acquired a 54.5% stake in an investment subsidiary owned by SoftBank Group for $600 million.
Buyouts: More trouble in Taiwan
The collapse of a Morgan Stanley Private Equity Asia-backed bid to acquire CNS from MBK Partners once again underlines the challenges facing buyout investors in Taiwan, on entry and exit
MSPEA, Far EasTone abandon bid for Taiwan's CNS
Morgan Stanley Private Equity Asia (MSPEA) and Far EasTone Telecommunications have withdrawn their bid for Taiwan cable TV operator China Network Systems (CNS) after the deal became bogged down by regulatory reviews.
Taiwan’s Next Entertainment gets $25m Series A round
Taiwan-based live broadcasting platform New Entertainment has raised $25 million in Series A funding led by Chinese video streaming app Inke.
Taiwan regulators stress openness to private equity - AVCJ Forum
Taiwan’s government has reiterated its openness to foreign investment, despite several notable private equity and M&A deals getting rejected by the regulators.
Taiwan's Wistron, Fenox launch $20m VC fund
Taiwan-based IT hardware manufacturer Wistron has partnered with US investor Fenox Venture Capital to launch a $20 million fund to help international technology start-ups access Asian markets.
Taiwan’s KKday receives $7m bridge round
Taiwan-based travel website operator KKday has extended its Series A round of funding with a $7 million investment co-led by domestic accelerator AppWorks and Singapore’s Monk’s Hill Ventures.
Tsinghua Unigroup scraps plan to acquire stake in Taiwan's ChipMOS
Tsinghua Unigroup, an investment arm of China's state-backed Tsinghua Holdings, has scrapped its plan to invest in ChipMOS Technologies, a chip test and packaging company listed in Taiwan.
Taiwan's Appier raises $19.5m in Series B funding
Pavilion Capital, a private equity unit of Singapore’s Temasek Holdings, has joined a number of Asian VC firms in a $19.5 million Series B investment in Singapore artificial intelligence (AI) company Appier.