VC News Network
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Chinese gay dating app Blued raises eight-digit RMB funding from The Beijing News
Gay dating app Blued secures an eight digit RMB strategic investment from Chinese state-run media, The Beijing News’s investment arm. – Shan Shui Cong Rong Media Investment Co.
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Deutsche Wealth and Asset Management buys two logistics facilities from Propertylink for US$56 million
Deutsche Asset Management (Deutsche AM) has on Monday acquired two logistics facilities from PropertyLink which are located in Melbourn and Brisbane, in an off-market transaction on behalf of a German institutional client for US$56.07 million.
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Thai B2B fresh food e-marketplace Freshket raises 6-digit dollar funding from 500 TukTuks and local VC fund
Freshket, a workflow-integrated marketplace for fresh food suppliers and restaurant, has recently raised its seed funding round, which is worth a six-digit sum in dollars from 500 TukTuks and an undisclosed corporate venture capital fund,…
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Cancer diagnosis startup Genecast secures US$18 million series B led by THG Ventures
Beijing-based cancer diagnosis and therapy startup, Genecast secures RMB128 million (about US$18 million) in a series B round led by THG Ventures, a venture capital arm of Tsinghua Holdings.
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AI startup Botworx.ai raises US$3 million in seed investment led by Costanoa Ventures
Botworx.ai, the platform for authentic conversational commerce, has announced the closing of a US$3 million seed investment led by Costanoa Ventures with participation from SV Angel.
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Chinese B2B e-commerce platform Huimin to acquire Sequoia-backed Beequick
Huimin, a Beijing-based neighbourhood store startup has yesterday acquired Sequoia-backed Beequick, an online to offline delivery service. Financial details of the agreement were not disclosed.
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Agribuddy raises US$730k to help rural farmers in emerging countries
Agribuddy provides a smartphones application to support rural farmers, providing them a free web service which credit sales of agricultural material and more.
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Diyi Chedai secures US$20 million Series B+ round from Tianma Bearing
Zhejiang-based Tianma Bearing Group Co., Ltd. and Southeast University Education Foundation have jointly invested RMB140 million (about US$20.35 million) in Diyi Chedai, a Shanghai-based auto lending start-up. with Phoneix Tree Capital as its exclusive financial…
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Food Union group secures US$225 million investment from PAG and Meridian Capital to fund expansion project in China
Food Union Group, an international group of dairy and ice cream producing companies has received a combined US$225 million investment from PAG, one of Asia’s largest private equity firms, and existing investor Meridian Capital.
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Online counselling startup InnerHour raises US$450K from VentureWorks and more
InnerHour, an online psychological wellness platform, has raised US$450K in its first round of funding from financial advisory firm Batlivala & Karani Securities, investment firm Venture Works and others.
