Funding Rounds

Alibaba-backed Koubei, Zhongshi Capital to invest in Shanghai restaurant booking app

Koubei, a search engine backed by Alibaba, along with Chinese fund, Zhongshi Capital has invested in Meiweibuyongdeng, a Shanghai-based restaurant booking app.

Axiom Asia Private Capital closes new Asian fund-of-funds at US$1.03 billion

Axiom Asia Private Capital announced the final close of its fourth private equity fund of funds, Axiom Asia IV, at US$1.03 billion.

TempoGo raises US$825k in seed funding round led by K2 Capital

TempoGO, an Internet of Things (IoT) and SaaS solutions provider for commercial transportation has secured a Rs 5.6 crore (about US$825k) seed investment round led by Hong Kong-based K2 Capital.

India-based instantPay secures pre-Series A funding from RB Investments, Kaleden

New Delhi-based SMSdaak India Ltd, which operates digital payments startup instantPay, has raised its pre-series A funding from Singapore based

Airbnb to increase fundraising round to US$ 1 billion

Airbnb Inc authorised the sale of an additional US$153 million in equity, bringing the size of its current fundraising effort to about US$1 billion.

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 launch its project in 2018.

Calcutta Angel Network and Appliyifi back startup Vehico for providing automobile IoT solutions

Vehico, an automobile IoT startup has received an undisclosed amount of angel investment from Calcutta Angel Network and Appliyifi, an online platform for startup investments.

ShopsUp, An Online-To-Offline (O2O) Shopping App Secures US$1 Million In Seed Funding

ShopsUp, a virtual shopping buddy which empowers customers to find the best local fashion and shopping spots has raised US$1 million in its seed funding round from two individual investors, one of which is the former president of Huawei.

Japan’s Sekai Lab, A Crowdsourced App Development Service Secures US$2.5 Million For Market Expansion

Japanese Monstar Lab secures 250 million yen (about US$2.5 million) for the further expansion of crowdsourced app development service, Sekai Lab .

Behavior Analytics Firm Interana Raises US$18 Million In Funding Round Led By Vertex Ventures

Interana, a California-based startup providing behavioral analytics solution has secured US$18 million in a funding round led by Vertex Ventures. The funding will be used to make behavioral analytics more available to digital transforming businesses.
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