VC News Network
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China’s JoyMe, Kee Ever to set up US$360 million M&A fund to acquire oversea video game companies
China’s JoyMe and Kee Ever to set up a US$360 million investment fund to acquire oversea game companies.
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Japanese peer-to-peer marketplace app Mercari to acquire Asia-focused auction site Smaoku
Japanese peer-to-peer marketplace, Mercari has announced that it has acquired Zawatt which operates Smaoku as its wholly owned subsidiary. The financial terms of the deal was not revealed.
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COCLEAN Technology secures US$2.9 million series A round led by ZhenFund
Chinese COCLEAN Technology, a developer of indoor air purification systems has recently announced a 20 million yuan (about US$2.9 million) series A round of investment led by Zhen Fund.
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Philippines-based digital payments startup Ayannah to secure US$5 million by April 2017
Operating Sendah and Sendah Direct, Philippines financial technology startup Ayannah has upsized its financing round to US$5 million which is slated to close by April 2017.
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Japanese mobile trading brokerage, One Tap Buy secures US$13.3 million to accelerate system development
One Tap Buy, a Tokyo-based startup developing a mobile trading brokerage application has on 14 February announced its fundraising worth US$13.3 million from Mizuho Securities, Mizuho Capital, and Mobile Internet Capital.
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Chinese mobile games developer ShineZone raises US$58 million in its series B fundraising
Chinese mobile game developer ShineZone has recently completed a RMB400 million (about US$58 million) series B round, and is looking to go for an IPO listing.
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Indian packaged foods startup Sattviko acquires outfits curation platform StylSpot
Indian packaged food startup Sattviko has acquired StylSpot., a fashion stylist curation platform in order to scale up their product discovery platform.
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CapBridge and Gordian Capital to launch US$100 million rules-based CapBridge Investment Trust to invest in private securities
Singapore’s CapBridge and Gordian Capital has formed a partnership to launch CapBridge Investment Trust (CIT), a rules-based investment trustr for private securities that has just launched.
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Chinese online dress rental platform MSParis raises US$18 million funding led by Northern Light Venture
Chinese online women’s dress rental platform Ms Paris has raised a US$18 million funding round led by Northern Light Venture Capital.
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Korean Soft Power launches real-time interpreter app ManTong, translating Korean into 10 different languages
The app will allow the translations of Korean into ten different languages including English, Chinese, Japanese, French, German and others.
