Venture
Lyfe Capital closes debut China healthcare fund at $298m
Shanghai-based healthcare-focused PE firm Lyfe Capital has closed its debut China fund at $298 million.
Temasek, Hillhouse lead $150m round for China's Aiwujiwu
Aiwujiwu, a Chinese rental and second-home listings portal, has completed a Series E round of funding worth $150 million round led by Temasek Holdings and Hillhouse Capital.
Taiwan's NDF joins round for smart scooter manufacturer
Taiwan’s National Development Fund (NDF) has participated in a $130 million Series B round of funding for Gogoro, a local electric scooter manufacturer.
China's Didi Kuaidi invests in food delivery player Ele.me
Chinese ride-hailing app operator Didi Kuaidi has invested an undisclosed amount in Ele.me, a VC-backed online food-ordering platform.
Rakuten launches $100m fund for global fintech investments
Japanese e-commerce giant Rakuten has launched a $100 million fund for investments in financial technology start-ups worldwide.
Sequoia, Medtronic establish China medical technology fund
Sequoia Capital has partnered with global medical equipment manufacturer Medtronic to form a China-focused medical technology investment fund worth $60 million.
Formation 8's Brian Koo launches Asia-focused VC firm
Brian Koo, co-founder of Formation 8, has launched a new venture capital firm that will invest in a smaller portfolio of Asia-focused companies with a view to accelerating growth through deep operational involvement.
China second-hand car platform raises $50m
Haoche51, a Chinese C2C second-hand car trading platform, has raised $50 million in a Series B round of funding led by Source Code Capital and domestic investor Fenghuang Xiangrui Fund.
Indonesia's Bhinneka gets $22m from Ideosource
Indonesia-based venture capital firm Ideosource has committed $22 million to online electronics retailer Bhinneka.
Tencent leads $31m round for Chinese online grocer
Tencent Holdings has led a RMB200 million ($31 million) for Miss Fresh, a Chinese online grocery retailer.
Vertex launches $200m captive fund for SE Asia, India
Vertex Venture Holdings, the VC arm of Singapore-based Temasek Holdings, has launched a $200 million captive fund for investments in India and Southeast Asia.
Singapore's Golden Gate commits $4m to six start-ups
Singapore-based early stage investor Golden Gate Ventures will commit more than $4 million to six Southeast Asian start-ups.
Australia's Atlassian files for US IPO
Atlassian, an enterprise software company founded in Sydney by two Australian entrepreneurs, has filed for a NASDAQ IPO. Accel Partners is the most significant venture capital investor in the business with a 12.5% stake.
SAIF in $6m round for India's Chef's Basket
SAIF Partners has participated in a $6 million Series A round for Indian start-up Fizzy Foodlabs, which operates the Chef's Basket packaged food brand.
Deal focus: Meili Jinrong targets P2P consumer finance
Yooli founder turns his attentions to specialist niches in China's overcrowded online peer-to-peer lending space, with support from Morningside Venture Capital and SoftBank China
Deal focus: Taiwan AI draws global investors
Appier, a Taipei-based company that applies artificial intelligence and machine-learning technology to advertising, gets $23 million in Series B funding
Tiantu leads Series C round for China cosmetics retailer
China consumer-focused GP Tiantu Capital has led a Series C round of funding for Meilapp, a mobile portal devoted to cosmetics and skincare.
Tsing Capital in $22m round for US-based QD Vision
China's Tsing Capital has co-led a $22 million round, with BASF Venture Capital, for QD Vision, a US-based display technology developer with sizeable exposure to Chinese manufacturers.
Alibaba agrees Youku Tudou acquisition at $4.8b valuation
Alibaba Group has agreed to acquire US-listed Chinese online video platform Youku Tudou in an all-cash deal that values the company at approximately $4.8 billion.
Innovation Works to list on China's New Third Board
Innovation Works, a Chinese early stage VC firm founded by Kai-fu Lee, former head of Google China, has applied to list on the National Equities Exchange and Quotation (NEEQ), also known as the New Third Board.
BAI leads $65m round for China P2P lending site
Bertelsmann Asia Investment (BAI) has led a $65 million Series A round of funding for Meili Jinrong, a Chinese peer-to-peer (P2P) online lending platform with a focus on consumer finance.
China Q&A platform Zhihu raises $55m
Tencent Holdings has led a $55 million Series C round of funding for Zhihu, a Chinese question-and-answer platform similar to US-based Quora.
Intel Capital backs two Greater China start-ups
Intel Capital has invested in Taiwan-based internet of things (IoT) solutions provider Microprogram Information and Chinese imaging and video technology specialist Perfant Technology.
Taiwan AI start-up Appier raises $23m
Taipei-based artificial intelligence (AI) start-up Appier has raised $23 million in a Series B round of funding from UOB Venture Management, Sequoia India, Jafco Asia, TransLink Capital and MediaTek Ventures.