Galaxy Holdings, Puji Capital announces joint venture platform to back foreign businesses in Shenzhen

Galaxy Holdings and Puji Capital has recently formed a strategic joint venture to provide investment capital and act as a business incubator for foreign companies entering the China market. They will invest in more than 10 startups across mobile gaming, media technology and consumer hardware.

GIC, Tencent, Navlnfo to acquire a 10 per cent stake in open location platform...

GIC, Tencent, and NavInfo will be part of a consortium to acquire a 10 per cent stake in HERE as the company unveils its plans to bring its products and services to China.

SonKim Land secures US$100 million funding from Japanese investors

Through investment funds Lemon Grass Master Fund, Japanese investors continue to pour an additional US$100 million in the JSC Real Estate Son Kim Land.

Global accelerator Startupbootcamp launches digital health accelerator in Chengdu, China

Startupbootcamp, which operates a global network of industry-focused accelerator programmes, has launched their first China-based programme, a digital health accelerator in Chengdu, the capital of China’s Sichuan province. This programme marks a joint partnership between Startupbootcamp and Thinkzon, a Chinese incubator accommodating over 500 enterprises in mobile internet, software R&D, and digital media. Through this […]

EVISU buys back rights to China retail and franchise at US$40 million

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.

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, with its final close expected in June 2017.

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.

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.

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 support life sciences sectors.

China Merchants VC leads funding round in tech media platform

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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