Official Record
Deal focus: An EV ecosystem play
WM Motor Technology's recent Series B round makes it one of the best-funded electric vehicle start-ups in China. The company has ambitions to build an EV ecosystem
Deal focus: GPs smile at emotive robots
Kaname Hayashi, development leader of SoftBank's Pepper, is working on his own line of emotive robots. Few details have been disclosed but investors were happy enough to commit $57 million in funding
Fund focus: Eight Roads fund targets Japan tech
Eight Roads Ventures has $223 million to deploy in Japan, with robotics, inbound tourism and healthcare all high on its agenda
Deal focus: Traphaco wins with the direct approach
Mekong Capital's 6.3x return on its investment in Vietnam-based pharmaceuticals player Traphaco involved turning the company's distribution model on its head, as well as supporting expansion and improving governance
Deal focus: Tapping complexity in e-commerce
Southeast Asia-focused retailing services provider aCommerce has received $65 million in Series B funding to support not only geographical expansion but also a move into B2B to complement existing B2C capabilities
Timeline: Three decades of Asia private equity
AVCJ was founded in 1987. Here are some landmark events from the industry's development since then
Fund focus: HighLight’s early-stage prescription
HighLight Capital has secured $250 million for its second China healthcare-focused fund, suggesting that proven sector specialists are getting traction with institutional LPs
Deal focus: GPs back Klook’s tailored travel offering
Hong Kong-based Klook has won $60 million in funding to further its efforts to consolidate the fragmented travel activities space - in Asia and globally
Deal focus: GPs boost Prenetics' Asia genetics effort
Beyond Ventures and Alibaba Group have led a funding round that will support the Asia expansion of Hong Kong-based genetics healthcare start-up Prenetics
Deal focus: Vingoo to broaden its fresh offering
Chinese fresh orange juice vending machine maker Vingoo is planning national expansion with a Series B round led by Legend Capital and Joy Capital
Deal focus: Hua Juan leverages celebrity selling power
China's Hua Juan plans to use a new investment led by Sinovation Ventures to grow its personality-based online advertising model
Deal focus: Lalamove seeks edge in last-mile delivery
Shunwei Capital has led a $100 million round for Hong Kong-based delivery start-up Lalamove with a view to supporting its expansion in the competitive mainland China market
Fund focus: Vickers prepares to narrow its focus
Vickers Venture Partners raised $230 million for its latest VC fund on the back of a strong track record, but the firm's future vehicles are likely to have more specific remits
Deal focus: All-Stars backs Tujia’s consolidation agenda
Tujia's access to property supply and consumer traffic channels in China give an edge that other market entrants struggle to replicate. This gave All-Stars Investment the confidence to co-lead a $300 million round
Deal focus: Yao Capital bets big on sports training
A start-up aiming to improve Chinese children's access to sports training receives the backing of sport-focused GP Yao Capital
Deal focus: JingChi gases up with Qiming investment
Technology developer JingChi is planning to leverage a new commitment from Qiming Venture Partners to take the lead in China's competitive autonomous driving space
Deal focus: Gogoro takes its scooters global
Taiwan-based Smartscooter wants to stimulate demand for its electric vehicles in Southeast Asia by rolling out a dedicated network of battery exchange stations. The company has raised $300 million in support of this plan
Deal focus: Advantage kneads 12x return
Advantage Partners has sold Japanese massage chain Riraku back to one of the company's co-founders at a valuation of $300 million, having successfully executed its expansion strategy
Deal focus: XW wins backing for better drugs
XW Laboratories identifies approved drugs with deficiencies and produces new versions that work better. The Chinese company has received $17.5 million in Series B funding to build out its pipeline
Deal focus: TNG targets Asia’s unbanked
Hong Kong financial technology company TNG has secured a $115 million Series A to push its electronic payment solution
Deal focus: Tonbo looks to move beyond defense
WRV Capital is backing Tonbo Imaging, a provider of night vision technology to the Indian military, as it expands into new markets
Fund focus: Asia Alternatives in speedy fundraise
Asia Alternatives has secured $1.8 billion for its latest fund-of-funds in less than five months on the market
Deal focus: Creador writes Indonesia health prescription
With a $45 million investment from Creador, Indonesian hospital chain Medikaloka Hermina is preparing its push to reach the country's underserved middle class
Fund focus: Welkin finishes institutional upgrade
The closing of Welkin Capital's second fund sees the GP pairing a formalized PE investment approach with the industry connections forged in its family office origins