VC News Network
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Japanese video production startup Viibar secures US$3.5 million strategic investment from Nikkei
Japanese video production startup Viibar on January 17 has secured US$3.5 million strategic investment from Nikkei. The two will enter a partnership to launch N Brand Studio and Nikkei Style.
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Chinese online education startup XueBaJun secures US$100 million Series C co-led by China Merchants Capital and EasyCapital
Chinese online education startup XueBaJun announced that it has secured a US$100 million Series C round. The education startup independently developed robot is also going to participate in the 2017 college entrance examination.
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Singapore-based CoAssets invests US$145K in Chinese product crowdfunding platform Da Xian Bing
Singapore-based CoAssets on Monday has invested US$145K in a Chinese product crowdfunding platform, Da Xian Bing. CoAssets expects to increase its user base in China by 300,000 within six months of its investment in Da…
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Apollo LogiSolutions to raise US$100 to US$120 million funding in two months
Logistics provider ApolloLogi Solutions is close to raising US$100 to US$120 million with one of it backers Edelweiss to become the company’s advisor to help rope in strategic and financial investors.
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India-based fitness marketplace app Fitnapp raises funds from realty developer SD Group
Fitnapp, a mobile marketplace that creates a platform for users to discover and purchase fitness services from the gym and fitness centers around them has today raised funding from SD Group
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Chinese accelerator ZDream Ventures acquires startups database provider Xeler8
Chinese accelerator ZDream Ventures has on Thursday acquired India-based startup database provider Xeler8. The financial details of the transaction was not disclosed.
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Chinese LeSports to raise US$439 million to focus on core video product
LeSports, the sports unit of cash-strapped Chinese Internet and technology conglomerate LeEco, is amid the process of raising RMB3 billion (about US$439 million) from an unnamed investor to support future growth. Prior to this, LeEco…
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CDH-backed New Century Healthcare completes US$102 million Hong Kong IPO
Beijing-based New Century Healthcare has on Wednesday completed its listing on the Hong Kong Stock Exchange (SEHK), the initial public offering (IPO) involving 120 million shares is valued at US$102 million.
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Singaporean bitcoin startup CoolBitX raises US$200,000 from Midana Capital
Singaporean bitcoin startup CoolBitX has managed to secure S$280,000 from Midana Capital. The startup plans to use the funds for further R&D, as well as for marketing CoolWallet to Taiwan, Japan and the wider Bitcoin…
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Chinese hotel management GreenTree Group to buy CVC-backed Da Niang Dumplings
Owner of Green Oriental Hotel and GreenTree Inn Hotel, China hotel management group GreenTree has crossed the border and entered into the catering business via its acquisition of Da Niang Dumplings.
