Venture
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VCs cast doubt on dotcom era comparisons - AVCJ Forum
Venture capital investors played down comparisons between the current soaring valuations in the technology space and the dotcom bubble era.
Taiwan VC: Captive element
Taiwanese corporations are launching captive VC units to invest in technologies that can update their product offerings. The new source of funding is welcome in the absence of independent VCs, but is it a panacea?
VCs worried but enthused by frothy China tech sector - AVCJ Forum
The flood of capital entering China’s technology space is a concern for VC investors, but they remain firm believers in the emerging generation of mobile-enabled consumers that is driving interest in the sector.
VC-backed Chinese dating app Momo files for US IPO
Momo, a Chinese location-based social-networking app best known for its “flirting” function, has filed for a US IPO. Backers include Alibaba Group, Matrix Partners, Yunfeng Capital and Sequoia Capital.
GSR commits $2m to China enterprise management app
GSR Ventures has committed $2 million in a Series A round of funding for Waiqin365, a Chinese customer relationship management (CRM) mobile app.
Infinity Venture launches third China, Japan fund
Japanese tech-focused investor Infinity Venture Partners has launched its third fund - Infinity e.venture Asia III - which will focus on start-ups in Japan and China.
SIG, SoftBank back China wearables maker Codoon
SoftBank China Venture Capital (SBCVC) and SIG Asia have invested $30 million in a Series B round of funding for Codoon, a Chinese wearable electronic devices manufacturer.
Qiming, Innovation Works invest $22m in China Face++
Qiming Venture Partners and Innovation Works have participated in a $22 million Series B round of funding for Face++, a Chinese face recognition technology developer.
Hera Capital re-ups in Philippines-based Cashcashpinoy
Singapore-based private equity investor Hera Capital has committed an additional $2 million in a Series B round of funding for Cashcashpinoy, a Philippines-based online shopping platform.
Malaysia’s Axiata launches $30m fund with Mavcap
Malaysian telecom conglomerate Axiata Group has partnered with Malaysia Venture Capital Management (Mavcap) to set up a MYR100 million ($30 million) VC fund to invest in Malaysia’s digital services companies.
Q&A: Draper Associates' Tim Draper
A third-generation venture capitalist, Tim Draper is founder of Draper Associates and founding partner of DFJ. He explains the key ingredients for rolling out the Silicon Valley model at home and overseas
Asian start-up hubs: Global mandates
Innovation hubs have traditionally been defined by the size of their immediately addressable market. But with better access to capital, information and technology, some Asian jurisdictions are going global
IDG, Morningside lead $60m round for China P2P car-rental site
IDG Capital Partners and Morningside Technologies have led a $60 million Series B round of funding for PPzuche, a Chinese peer-to-peer (P2P) car-rental provider launched by Singapore’s iCarsclub.
Matrix, SIG commit $20m to Tencent-backed laundry app
Matrix partners and SIG have committed $20 million in a Series A round of funding for Edaixi, a mobile laundry service app owned by Beijing-based laundry franchise Rongchain.
Intel invests in two Taiwanese tech firms
Intel Capital, the US chip maker's eponymous venture capital unit, has backed two Taiwanese start-ups as part of an overall $62 million investment across 16 technology ventures.
Pakistan online marketplace gets $3.5m from VCs
Pakistan online marketplace PakWheels.com has raised $3.5 million in funding from Malaysia-based venture capital fund Frontier Digital Ventures.
Helion provides Series A for Indian packaged food maker
Helion Venture Partners has provided INR350 million ($5.7 million) in a Series A round of funding for iD Fresh Foods, an Indian ready-to-cook packaged foods company.
Legend Holding invests in China P2P lending platform Eloancn
Legend Holdings, the parent company of Chinese computer maker Lenovo Group, has invested an undisclosed sumin Eloancn, a Chinese peer-to-peer (P2P) online lending platform.
Denham provides $130m for start-up Australia mining platform
Resources-focused GP Denham Capital has backed Auctus Minerals, a Australian start-up mining platform, with a $130 million capital injection.
Chinese courier mobile app wins backing from Tencent, Banyan
Tencent Holdings and Banyan Capital have invested $15 million in a Series A round of funding for Renren Kuaidi, a Chinese express delivery mobile app.
India's GHV forms partnership with Japan's WiL
India's Green House Venture (GHV) Accelerator has teamed up with Japan and US-based early-stage investor World Innovation Labs (WiL) to back Indian start-ups with the potential to go global.
Sequoia leads $8m round for Indian car-rental firm Zoomcar
Sequoia Capital has led an $8 million round of funding for Zoomcar, an Indian car-rental start-up, alongside existing investors including Empire Angels, FundersClub, Basset Investment Group and Triangle Growth Partners.
DCM leads $30m Series B for China gay social app
DCM has led a $30 million Series B round of funding for Blued, a Chinese gay dating app.
DFJ-owned Wavemaker bolsters Southeast Asia team
Singapore-based early stage VC Wavemaker Pacific - a member of the DFJ Global Network - has appointed two tech entrepreneurs, Dennis Goh and Nix Nolledo, to its investment team.