VCNN

Wah Seong Group has acquired a Germany-based pipe coating firm, mutares Holding-16 AG for US$20.6 million, to gain access to mutares' pipe coating plant for the Nord Stream 2 project in the Baltic Sea.

CMC Capital Partners announced on Tuesday that it has invested millions of euros into Formula E Holdings, the official promoter of the FIA Formula E Championship.

BigTree, the owner of Bookmyshow makes its second acquisition this year after it took over Hyderabad-based MastiTickets last month.

Nazara Games announced on Tuesday that it will invest US$20 million in a new esports league in India, a series of organised multiplayer video game tournaments.

Chinese robotics and electronics giant - Midea has acquired the control of Petah Tikva-based automation solutions - Servotronix at a company value of US$170 million.

Shilili, a hotel in China that focuses on romantic themes has secured a RMB100 million(about US$14 million) round led by Matrix Partners China.

Malaysian sport-related platforms, SportsPlay and Jogo has undergone an M&A deal in order to create a better platform experience for Malaysian sports lovers.

Moka, a Jakarta-based startup that focuses on building mobile point-of-sale (mPOS) for restaurants and retails has secured a US$2 million round led by Mandiri Capital which will be used to speed up product development.

Joy Ventures, a new Israeli investment firm, has recently initiated a US$50 million fund along with an inauguration of office in Herzliya Pituach. The venture vehicle will be focused on an emerging field of technology neuro-wellness.

Gay dating app Blued secures an eight digit RMB strategic investment from Chinese state-run media, The Beijing News's investment arm. - Shan Shui Cong Rong Media Investment Co.