Startup

Japan’s VR startup HoloEyes wins Tech Lab Paak awards on Recruit Holding’s Sixth Demo...

Japan's Recruit Holdings has held its Demo Day featuring its sixth batch of incubated startup last month, in the event, HoloEyes has won the Tech Lab Paak Award along with a supplemental prize of pair meal ticket for a hotel dinner.

Online golf platform GolfLAN acquires Singapore-based competitor GolfGreedy in cash-and-stock deal

Golf inventory aggregator GolfLAN has made its second acquisition in six months, purchasing Singapore-based competitor GolfGreedy in a cash-and-stock deal.

Comic art platform Kuaikan Manhua closes US$36 million Series C round led by Tiantu...

China consumer-focused GP Tiantu Capital has led a US$36 million Series C round of funding for Kuaikan Comic, a mobile app designed for reading light comics.

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.

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.

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.

China’s Sogou targets IPO at US$5 billion valuation to rival Baidu

China's third-biggest search engine Sogou plans to hold a U.S. initial public offering this year, according to its CEO Wang Xiaochuan in an interview with Bloomberg.

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

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.

Huawei acquires Israel cyber security startup HexaTier for US$42 million

Chinese giant Huawei has recently acquired HexaTier, an Isreali cyber security startup for US$42 million. The smartphone maker will use HexaTier to set up an R&D center in Israel for databases in the cloud.
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