Floship Global e-commerce raises a US$3.5 million funding round. The company plans to use the investment to accelerate technology development and serve more customers on a wider variety of e-commerce platforms.

EVISU Group Limited, a Japanese high-end denim brand, has announced today that it has bought back the retail and franchise rights for the Chinese market at a price tag of US$40 million.

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, with its final close expected in June 2017.

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.

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 launch its project in 2018.

1mg Technologies acquired MediAngels for an undisclosed amount in cash and stocks to enter specialty doctor consultations, corporate health services and insurance partnerships.

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.

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.

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 support life sciences sectors.

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.