Beijing-based EasyStack secures US$50 million series C funding led by Cash Capital

Beijing-based EasyStack, an OpenStack cloud platform and service provider has secured US$50 million in its Series C funding round, led by Cash Capital.

Samsung NEXT launches US$150m venture fund targeting AI, VR and IoT startups

Samsung has announced its intention to invest in seed to Series B stages within virtual reality, artificial intelligence, and IoT space via Samsung NEXT, a US$150 million venture capital fund.

Israel’s Yozma Group to invest US$ 41.4 million in Korean biotech startups

Israel's leading venture capital firm Yozma Group is entering the global markets, investing US$42.1 million in Korean startups through a fund named "Yozma Group - Daesung Private Equity Inc" which is slated to begin in the first half of 2017.

Warburg-backed e-Shang Redwood closes US$300 million investment in run up to IPO

E-Shang Redwood (ESR) has closed a US$300 million round of investment led by a consortium of China mainland investors. The Asian logistics developer also prepares for a potential 2017 initial public offering.

China establishes US$1.44 billion Asia Fintech Fund of Funds (FOF) focusing on M&A deals

Asia Fintech Fund of Funds (FOF), a foundation that targets financial and tech mergers and acquisition (M&A) in Asia has been established with funds of US$1.44 billion.

Everstone makes third healthcare acquisition, investing US$35 million in OmniActive Health

Everstone Group acquires a minority stake in OmniActive Health Technologies Ltd. in a US$35 million deal to strengthen OmniActive's presence in global nutraceutical space.

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 […]
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