VC News Network
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Global Brain launches US$175 million sixth fund
At the annual Global Brain Alliance Forum, founder and CEO Yasuhiko Yurimoto has announced the creation of a sixth fund to be valued at Us$175 million. The fund made its first close at US$130 million,…
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Malaysian PE firm Creador closes Fund III at US$ 415 million
Malaysian private equity firm, Creador closes Fund III at US$ 415 million, that is US$ 35 million short from its initial targeted US$ 450 million.
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Japan space entertainment startup ALE raises US$ 6 million from angel investors
A startup firm in Japan, ALE that aims to paint the sky with artificial meteors and shooting stars through a project called Sky Canvas is now a step closer with US$ 6 million funding to…
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Maverick capital-backed e-pharmacy 1mg buys MediAngels, making its second acquisition of the year
1mg Technologies acquired MediAngels for an undisclosed amount in cash and stocks to enter specialty doctor consultations, corporate health services and insurance partnerships.
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Triip.me forms partnership with Booking.com to create unique local tour and hotel lodging experience
Gobi-backed Triip partners with Booking.com has formed a strategic partnership to provide an authentic local experience offerings which will give traditional lodging’s a competitive edge.
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Singapore-based Rewardz secures US$2.1 million strategic investment from Japan’s Benefit One for expansion plan
A Singapore-based startup, Rewardz managed to raise US$2 million from Japan’s Benefit One. The fund will be used to fuel profitability and a possible market expansion plan into Japan.
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Three VC firms to launch US$375 million Biomedical Translation Fund
The Australian government has selected three venture capital (VC) fund managers, namely Brandon Capital Partners, OneVentures Management and BioScience Managers to manage its A$500 million (about US$375 million) Biomedical Translation Fund which is aimed to…
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China Merchants VC leads funding round in tech media platform 36Kr.com
Technology media platform and startup services provider 36Kr has received around RMB100 million ($14 million) strategic investment in a new funding round led by China Merchants Venture Capital Management.
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Japan’s fishing record application, ANGLERS raises six-digit figures from 500 Startups Japan and Ignis
Tokyo-based ANGLERS, a fishing record application has managed to secure tens of millions of yen from 500 Startup Japan and Ignis to build a fishing analysis function and a C2C marketplace allowing users to sell…
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Warburg Pincus-backed D&J China launches US$1.45 billion industrial park fund with AVIC Trust
Warburg Pincus-backed integrated business park and suburban office operator – D&J Industrial Property Investment Ltd has launched a RMB10 billion (about US$1.45 billion) fund with AVIC Trust to invest in China’s industrial infrastructure.
