Venture
China financial data firm Quant Group raises $73m
Quant Group, a China-based financial big data company, has completed a RMB500 million ($73 million) Series C round led by China’s Sunshine Insurance Group.
Australia's Impact Investment raises $10m VC fund
Australia’s Impact Investment Group has raised A$13 million ($10 million) for a domestically focused venture capital fund. The initial target was A$10 million.
China online dancing content app Tangdou raises $20m
Tangdou.com, a Chinese online platform through which users can share their dancing experiences and join recreational dance groups, has completed a $20 million Series B round of funding across two tranches.
China's ORI Healthcare Fund leads $100m round for UK biotech firm
ORI Healthcare Fund, a Chinese sector-focused fund launched by former investment banker at Goldman Sachs, has led a $100 million Series C round for Kymab Group, a UK bio-pharmaceutical company focused on antibody drug discovery.
Australia's Bailador launches $13m fundraise
Australia-listed growth-stage private equity firm Bailador Technology Investments has launched a A$17.4 million ($13 million) capital raising.
Deal focus: Patsnap leverages innovation boom
Sequoia Capital and Shunwei Capital Partners support Patsnap's push to provide intellectual property analytics services to Asian corporates looking to expand into new markets with minimal legal fuss
Draper Nexus raises $175m for US-Japan fund
US-Japan cross-border investment firm Draper Nexus Venture Partners has closed its second fund at $175 million.
China's Ctrip to acquire VC-backed UK travel site Skyscanner
China’s largest online travel site Ctrip.com has agreed to buy Skyscanner, an airfare comparison website backed by VC investors, in a deal valuing the UK-based company at approximately GBP1.4 billion ($1.74 billion).
Vertex leads $5.5m round in Singapore's Spacemob
Vertex Ventures, the VC arm of Singapore's Temasek Holdings, has led a $5.5 million seed round for Singapore-based co-working space developer Spacemob.
Foxconn backs Chinese image recognition software developer
Megvii Technology, a China-based image recognition software developer, has received $20 million from Taiwan’s Foxconn Technology as part of its Series C round of financing.
VCs commit $5.2m to Australian big data start-up Instaclustr
Sydney-listed growth-stage investor Bailador Technology Investments has led a A$7 million ($5.2 million) funding round for domestic IT company Instaclustr alongside two domestic VCs.
Whiz Partners invests $22m in Japanese IT developer
Japan-based private equity firm Whiz Partners has agreed to invest JPY2.4 billion ($22 million) in Tokyo-listed software and marketing products developer Albert.
China's Redbud Capital launches $150m VC fund-of-funds
Redbud Capital, a VC fund-of-funds unit under Tsinghua Holdings, has launched a new vehicle worth RMB1 billion ($150 million) with several government-backed agencies to invest in China venture capital funds.
Sequoia, Shunwei invest in Singapore's Patsnap
Sequoia Capital China has led a Series C round of funding for Singapore-based Patsnap, a web-based intellectual property analytics and management software developer.
Taiwan's HTC launches $1.5b VR investment fund
HTC and the Shenzhen municipal government have agreed to set up a Chinese virtual reality (VR) research institute and a RMB10 billion ($1.5 billion) investment fund for the technology.
China fitness app Hotbody secures $15m
Chinese fitness app developer Hotbody has raised approximately RMB100 million ($15 million) in a new round of funding led by domestic GP Haodao Capital, with participation from existing investor Ameba Capital.
Japan's Seven Dreamers receives $60m Series B round
Seven Dreamers Laboratories, a Japan-based manufacturer of personal-use devices, has raised a $60 million Series B round of funding from Panasonic, SBI Investment and construction company Daiwa House Industry.
China's Advantech leads $15m round for AI start-up
Advantech Capital, one of two parallel funds launched by executives from Chinese GP New Horizon Capital, has led a $15 million Series A round of funding for Petuum, a US-based artificial intelligence (AI) and machine learning (ML) solution developer....
Singapore's MC Payment gets $3.5m for SE Asia expansion
Singapore private equity firm 2W Group has led a $5 million ($3.5 million) funding round for domestic financial technology company MC Payment.
Tech & government: Living laboratories
As governments of Southeast Asia’s emerging economies look to create more workable VC policy environments, start-ups and investors have proliferated across a patchwork of imperfect systems
Tech & government: 20 years of early days
Since the dawn of the internet in the mid-1990s spurred a global rebalancing of economic power, Asia’s newest VC heavyweights have raised questions as to how this technology-driven shift will be governed
Q&A: Go-Jek's Nadiem Makarim
Three months on from a $550 million Series D round of funding, Nadiem Makarim, founder and CEO of Indonesia-based ride-hailing and delivery platform Go-Jek, discusses where he sees the market heading
Reliance PE arm commits $12m to India real estate start-up
Square Yards, an online listings service dedicated to the property sector, has received $12 million in funding from the private equity arm of Reliance Group.
Japan's INCJ invests $10m in Treasure Data
Innovation Network Corporation of Japan (INCJ) has invested $10 million in Treasure Data, a Silicon Valley-based big data start-up founded by two Japanese entrepreneurs.