Technology
Advantage Partners in possible Sanyo acquisition - report
Panasonic may sell its Sanyo digital camera unit to Advantage Partners by the end of March.
Norwest Venture Partners invests $6m in Indian IT firm Attune
Norwest Venture Partners has invested INR326 million ($6 million) in cloud-based IT product company Attune.
Renesas sells $1.8b in shares to INCJ-led consortium
Ailing Japanese chip-maker Renesas will sell JPY150 billion ($1.8 billion) of new shares to a consortium led by government-backed Innovation Network Corporation of Japan (INCJ).
Golden Gate, JFDI form Asian start-up alliance
Golden Gate Ventures and JFDI.Asia will form a strategic alliance to support early-stage digital start-ups in Asia as they move from concept to pre-Series A funding.
CyberAgent Ventures backs Vietnam food review site
CyberAgent Ventures has made an undisclosed commitment to Vietnamese food review site, Foody. The venture capital arm of Tokyo-based internet firm CyberAgent made the investment through its CA Asia Internet Fund I, a Southeast Asia-focused VC vehicle....
ChrysCapital, CX Partners buy minority stake in KPIT Cummins
ChrysCapital and CX Partners have purchased a stake in Indian IT firm KPIT Cummins Infosystems by investing INR1.6 billion ($30 million) in a preferential allotment of 12.9 million shares.
India mobile payment firm raises Series A round
Mobile payments company Ezetap Mobile Solution has raised a Series A round of funding from Silicon Valley-based venture capital firm Social+Capital Partnership, PayPal’s Peter Thiel and David Sacks of Microsoft, among others. Existing investor AngelPrime...
Australian's Verde targets $52m VC fund
Australian venture capital firm Verde is seeking to raise A$50 million ($52 million) for a fund that will focus on bringing technology to market. It will concentrate on innovations in the medical, defense and technology sectors.
DCM exits game developer Pokelabo to GREE
DCM has generated a 6x money multiple on its investment in social mobile game developer Pokelabo after the company was sold to Japanese media giant GREE for $175 million.
VCs invest $1.2m in Japanese website Retty
GREE ventures, NTT investment Partners and Mitsubishi UFJ Capital have jointly invested JPY100 million ($1.2 million) into Retty, a Japanese social restaurant guide.
Panorama leads Series D round for Skyfire's Asia expansion
Panorama Capital has led a $10 million Series D round of funding for Skyfire, intended help the mobile video optimization and cloud solutions company expand in Asia.
Intel Capital invests in five Asian companies
Intel Capital, the venture capital arm of Intel Corp, has invested $40 million in 10 companies, half of which are from China, India, South Korea and Taiwan.
Warburg Pincus sells extra 4.2% of Moser Baer
Warburg Pincus has offloaded almost half of its remaining shares in listed optical media products maker Moser Baer India through open market transactions, reportedly at a substantial loss.
PE-backed hiSoft merges with VanceInfo
hiSoft Technology International, a major China-based company backed by investors including Wellington Management, Crosslink Capital and HarbourVest Partners has merged with VanceInfo Technologies.
VC fund to help restore Australia's Olympic dominance
The chairman of a body that introduces sports technology businesses to the commercial market is reportedly attempting to raise A$60 million ($63 million) for a venture capital fund designed to help restore Australia’s dominance in the Olympic Games.
Valar leads $1.2m round for Australian IT start-up
Valar Ventures, the venture capital firm run by PayPal co-founder Peter Thiel, has made its first investment in Australia, leading a $1.2 million round for IT start-up ScriptRock.
New software helps LPs with benchmarking
EFront has launched an LP-focused performance and risk optimization solution that allows users to generate their own custom-weighted benchmarks.
Matrix India sets up seed program
Matrix Partners India has established a new program to support entrepreneurs at the seed phase in the internet and mobile sectors across multiple stages of their businesses.
Gobi backs Singaporean cloud service provider
China-based venture capital firm Gobi Partners has injected S$1 million ($800,000) into Singaporean online games cloud service provider Corous360.
Translink, Vangoo back Chinese mobile ad platform with $12m
Silicon Valley-based Translink Capital and Japan’s Vangoo Investment Partners have led a $12 million Series B round of funding for Chinese mobile-based advertising platforms Adwo.
OneVentures backs Paloma Mobile with $1.5m
Australia-focused venture capital firm OneVentures has led a $1.5 million Series A round of funding for Paloma Mobile, a developer of smartphone services for emerging markets.
GSR closes $133m later-stage fund
VC firm GSR Ventures has closed its GSR Opportunities IV fund on $133 million. The vehicle will give existing LPs in GSR’s first four funds the chance to invest in follow-on rounds with top-performing investee companies.
Intel Capital injects $17m in Southeast Asian firms
Early-stage technology investor Intel Capital has invested a total of $17 million in Singapore-based Reebonz.com and Hanoi-based Vietnam Communications Corporation (VC Corp).
Nanostart acquires 10% stake in Stella Specialty Chemicals
Nanostart Asia Pacific has acquired a 10% stake in Singapore-based Stella Specialty Chemicals and plans to increase its holding to around 23% by the beginning of next year. The investment was made through the Nanostart Singapore Early Stage Venture Fund...