Technology
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).
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.
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.
VCs invest $1.3m in Japan mobile rewards platform
Gree Ventures, CyberAgent Ventures and Incubate Fund have together invested $1.3 million in Yoyo, the start-up behind mobile rewards platform Candy.
Unitus backs India mobile e-commerce site Jiffstore
Unitus Seed Fund has invested in Jiffstore, an Indian mobile e-commerce company. Financial details of the deal were not disclosed.
India's Snapdeal raises $100m in new funding
Temasek Holdings, BlackRock, Premji Invest and Hong Kong-based investors Myriad Asset Management and Tybourne Capital Management have together invested $100 million in Jasper Infotech, the Indian e-commerce company behind Snapdeal.
Qihoo buys MediaV to market online
Antivirus software developer Qihoo360 Technology isn't the first strategic investor to hold talks with MediaV. Several Chinese internet giants, including Tencent Holdings and online retailer JD.com, had pitched the advertising and digital marketing firm...
VCs back iYogi's Spanish strategy
Bearing in mind Spanish has the second- largest number of native speakers in the world - 410 million - after Mandarin, it is little wonder that many businesses see the value in learning the language. India-based technology support services provider iYogi...
Taiwan's National Development Fund targets tech investments
Taiwan’s National Development Fund has committed NT$1.15 billion ($38 million) to local polysilicon maker Powertec Energy Corporation and a biomedical-focused fund owned by China Development Industrial Bank (CDIB).
Zhenfund invests $2m in China innovation platform
Chinese early-stage investor Zhenfund has committed $2 million to Taihuoniao, a platform that helps turn business concepts into products.
DCM leads $14.6m round for Japan CRM start-up
DCM has led a JPY1.46 billion ($14.6 million) round of investment for Sansan, the Japanese start-up behind business card-based customer relationship management (CRM) solution Eight.
INCJ invests $4m in Japan's Customer Communications
The Innovation Network Corporation of Japan (INCJ) has invested JPY400 million ($4 million) in Customer Communications (CCL), which provides analytics for consumer purchasing behavior.
Qihoo 360 buys VC-backed MediaV
Chinese antivirus software company Qihoo 360 Technology has bought a controlling stake in MediaV, a VC-backed advertising and digital marketing company.
Japan's Gree Ventures reaches $50m first close on tech fund
Gree Ventures - the corporate VC arm of the Japanese mobile gaming firm Gree - has held an initial close on its second fund, AT-I Investment, of JPY5 billion ($50 million).
Fenox, Mizuho lead $10m round for Japan e-scooter maker
Fenox Ventures and Mizuho Capital have led a $10 million round of investment in Terra Motors Corp, a Japanese manufacturer of two and three-wheeler electric vehicles.
VIDEO: Jessica Archibald of Top Tier Capital Partners
From Facebook’s acquisition of WhatsApp to Google’s purchase of Nest Labs, large US technology companies are increasingly using the ample cash on their balance sheets for M&A. Jessica Archibald, managing director at Top Tier Capital Partners, this trend...
Helion backs India IT mobility solutions provider
Helion Venture Partners has committed a INR250 million ($4.2 million) Series A round of funding to India-based RapidValue IT Services, which specializes in mobile IT solutions.
Australia scales back start-up funding schemes
Support for technology start-ups is among the casualties in Australia’s austerity budget, with several programs discontinued, including the Innovation Investment Fund (IIF), which sponsors VC funds.
Wearable technology: Heart on your sleeve
Wearables promise to be the next disruptive technology, redefining our daily lives. Are venture capitalists right to be excited and are they getting excited about the right things?
India's iYogi raises $28m Series E round
Axon Partners Group and Madison India Capital have teamed up with existing investors to provide a $28 million Series E round of funding for iYogi, an India-based technology support services provider.
GIC leads $170m investment in Brazil's Netshoes
Singapore sovereign wealth fund GIC Private has led a $170 million investment in Netshoes, a Brazilian e-commerce site focusing on sporting goods.
POSCO VC leads Series A for Korean online video provider
POSCO Venture Capital - the corporate VC arm Korean steel maker POSCO - has led a $3 million Series A round of funding for online video start-up Shakr Media.