VC News Network
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Chinese hyperlocal delivery service UUPT.com closes US$13.9 million via Series A
UUPT.com, a hyperlocal delivery service that helps people escape from their everyday chores has just raised 96 million yuan (about US$13.9 million) on January 8. The fresh round of financing will be used to expand…
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Japan-based Mobingi raises US$2.2 million to launch cloud DevOps automation platform
Japan’s Mobingi raises US$2.2 million to launch its latest cloud automation platform – cloud DevOps automation platform
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Chinese UrWork raises US$58 million series B from Tianhong Asset Management and others
China’s co-working space provider, UrWork has recently completed a series-B fundraising worth RMB 4 billion (about US$58 million) from Tianhong Asset Management, Junfa Group and other Chinese companies. This latest fundraising pushes the Chinese firm’s…
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Indian telecommunications firm Tikona Digital gets US$171 million loan from US govt agency
Tikona Digital Network has received a US$171 million commercial loan from Overseas Private Investment Corporation on Tuesday. This latest proceeds will be used for market expansion.
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China Exim Bank fund buys Hungarian telecom firm Invitel for US$214 million
The China-CEE Fund, which focuses its investments in Central and Eastern Europe, has agreed to buy Hungarian fixed line telecom and broadband internet provider Invitel Group for an enterprise valuation of €202 million (about US$214…
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Indonesian HR tech startup Ekrut raises seed funding from East Ventures to shorten headhunting process
Jakarta-based Ekrut has today raised a seed funding from East Ventures which will be used to make the headhunting process shorter.
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Vietnamese e-commerce startup LeFlair secures US$1 million funding led by Caldera Pacific
Vietnamese e-commerce startup LeFlair secures US$1 million funding led by Caldera Pacific. The latest proceeds will be used to expand the brand range available to the Vietnam consumers.
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Fortune Capital-backed furniture maker HomeKoo targets RMB1.8 billion in ChiNext IPO
Chinese customised manufacturer HomeKoo is going for an IPO to raise RMB1.8 billion (about US$261 million), where about RMB111 million will be invested in a Foshan project to create a dedicated modern logistic center.
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Singaporean online art gallery The Artling raises US$1.78 million series A from Edipresse Media
Singaporean The Artling aims to be the go-to online art gallery for Asia, as it raises a US$1.78 million Series A intended for marketing and talent acquisition. The online art platform also bought Artshare.com in…
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Malaysian venture capital firm TinkBig to launch US$30 million fund
Malaysian venture capital firm TinkBig Venture is seeking for potential startups to be part of their US$30 million investment that is said to launch towards the end of 2017. As for details about TinkBig’s investment…
