Venture
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China healthcare: Innovation issues
There is plenty of buzz about investment in Chinese healthcare but the pharmaceuticals segment has yet to fulfill its promise as an R&D hub. Should PE and VC investors be looking for different angles?
VC-backed Chinese package tour platform files for US IPO
Tuniu, a Chinese online package tour provider backed by DCM, Temasek Holdings, Gobi Partners and Sequoia Capital, is seeking to raise up to $120 million through a US IPO.
China online music provider Kuke secures Milestone support
China-focused Milestone Capital has committed a Series A round of funding to Kuke.com, an online music supplier.
Kingsoft commits $90m to VC-backed file-sharing service Xunlei
Chinese software developer Kingsoft Corporation will invest $90 million in Xunlei, a file-sharing service backed by a string of VC firms including Morningside Technologies, IDG Ventures and Ceyuan Ventures.
LanzaTech forms Asian alliance
LanzaTech is a classic example of how a disruptive technology can attract investors from different geographies. Originally from New Zealand, the company has developed a technology for converting carbon dioxide into fuel and chemical products. This kind...
Singapore VC: Silicon dreams
Buoyed by government support and increasing private sector interest, Singapore has created a legion of tech start-ups that now require further investment. Can it become Southeast Asia’s answer to Silicon Valley?
Jafco invests $2m in Japan leisure booking site
Globis Capital Partners and Jafco Ventures have invested JPY200 million ($1.95 million) in Catarizm, the Japanese start-up behind online leisure booking site Asoview.
IDG leads round for Chinese restaurant review app Ricebook
IDG Capital Partners has led a $7 million Series B round of funding for Ricebook, a Chinese restaurant review mobile app operator.
Fidelity, Gree invest $5m in Japan's Kaizen Platform
Fidelity Growth Partners and Gree Ventures have together invested $5 million in Japan's Kaizen Platform, the start-up behind PlanBCD, a platform that crowd-sources web design services.
Kalaari provides Series A for India big data start-up
Kalaari Capital has committed $3 million in Series A funding to Germin8, a Mumbai-headquartered big data analytics company.
KDDI incubator announces five start-ups for new program
KDDI Mugen Labo, an incubator backed by Japanese telecoms giant KDDI, has revealed the next batch of five start-ups to enter its boot camp program.
Japan flea market app raises $14m for US expansion
Mercari, the Japanese start-up behind the mobile flea market app of the same name, has raised JPY1.45 billion ($14.1 million) from Global Brain, Globis Capital Partners, Itochu Technology Venture, GMO Venture Partners, and other unnamed investors.
Japan's Cyberdyne raises $89 million in Tokyo IPO
Cyberdyne, a VC-backed Japanese robotics company that makes exoskeleton suits, more than doubled on its Tokyo trading debut following a JPY7.8 billion ($76 million) IPO on the MOTHERS (market of the high-growth and emerging stocks) section of the Tokyo...
India's Annapurna Microfinance raises $5m Series B round
The state-backed Belgian Investment Company for Developing Countries (BIO) has led a INR300 million ($5 million) Series B round for India's Annapurna Microfinance.
Mitsui leads $60m round for NZ cleantech play LanzaTech
Japan's Mitsui & Co has led a $60 million Series D round for New Zealand-based low-carbon fuels producer LanzaTech.
Nexus, Avalon re-up in big data platform Indix
Nexus Venture Partners and Avalon Ventures have re-upped their investment in India-based big data firm Indix Corporation via a $8.5 million Series A-1 round of funding.
Profile: Intel Capital's Richard Hsu
Richard Hsu, managing director at Intel Capital, has spent 14 years as a VC investor, mostly in China. For all the change he has witnessed in entrepreneurs and ideas, some market features remain steadfastly the same
India start-up targets tea change
Building a business around tea was a logical move for Kaushal Dugar when he left his job as a corporate finance analyst in Singapore to become an entrepreneur back home in India. It has been part of the family business for 80 years. But tea plus e-commerce...
Northstar enters Southeast Asia VC space
The Northstar Group, a Singapore-headquartered private equity firm with significant interests in Indonesia, is expanding its franchise to include venture capital. The VC unit is called Silicon Island, in reference to Singapore’s ambition to become a...
ClearVue leads new round for China online fruit store
ClearVue Partners has led a round of funding for Fruitday, a Chinese fresh fruit online store, followed by SIG Asia Investments.
Shenzhen Capital launches retail fund arm
Shenzhen Capital Group, a Chinese VC investor, has diversified its investment platform into mutual funds.
China mobile app platform Wandouja gets Goldman funding
Wandougjia, a Chinese mobile app platform, has received an undisclosed sum in follow-on funding from Goldman Sachs to complete a Series B round of funding that saw new and existing investors commit $120 million in January.
DCM leads $8m round for Chinese property portal
Meiaoju, a Chinese online platform for buyers seeking property overseas, has received a RMB50 million ($8 million) Series A round of funding led by DCM.
India’s Persistent backs hand hygiene wearables start-up
Persistent Venture Fund, a VC fund controlled by listed Indian software and technology company Persistent Systems, has invested in Hyginex, a US-based wearable technology manufacturer specializing in healthcare applications.