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 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.

Warburg Pincus-backed integrated business park and suburban office operator - D&J Industrial Property Investment Ltd has launched a RMB10 billion (about US$1.45 billion) fund with AVIC Trust to invest in China's industrial infrastructure.

Dronomy's drone-based solution that helps construction companies enhance their site management and project control by building knowledge into their projects succeed in securing an undisclosed investment led by Mitsui Fudosan's 31VENTURES.

Ruvento is announcing a new US$25 million seed fund for hardware startups in need of capital from Singapore China and the United States.

Temasek Holdings Pte, Singapore's state-owned investment fund, said it has become a limited partner in Oxford Science Innovation. The financial terms of the investment were undisclosed.

JP Morgan Asset Management invests Rs 200 crore (about US$ 30 million) in Assetz Property. The capital will be used to build an 18.5 acre residential project in north Bangalore.

Senjō Group announced that it has partnered with Tjaara, investing US$1.2 million in the Singapore-based B2B marketplace that connects small to medium-sized wholesalers to a network of Mandarin-speaking manufacturers.