Matrix Partners China raises $750m for fifth venture capital fund


The fund saw participation from about 53 limited partners (LPs).

Ethereum billionaire sees next big crypto winners coming from China

Anthony Di Iorio hasn’t stopped looking for bargains in the digital-currency world after amassing a fortune of as much as $1 billion from his early investment in Bitcoin and as a co-founder of Ethereum.

Chinese AI unicorn Sensetime leads $75m Series B for Helian Health

The round was joined by Hangzhou government-backed Wanxiang Investment and Hangzhou Lianchuan Investment and reportedly values Helian Health at $900 million.

China Walden joins $29m fresh funding round for Bossa Nova Robotics

Bossa Nova is a provider of real-time, on-shelf product data for the global retail industry. Its technology automates the collection and analysis of on-shelf inventory data in large-scale stores.

Sequoia Capital hitting market with six funds, including three China-focused vehicles

Sequoia, an early investor in Google, has filed with the US SEC to raise six funds targeting the US, China, and India.

China: Tencent-backed education startup VIPKID bags $500m Series D+

The edutech startup claims it is the largest round of funding in the sector ever raised across the globe.

Oyo reveals plans for China after establishing presence in 26 cities

Founded in 2013, Oyo operates in more than 150 cities across India, China, Malaysia and Nepal.

Newcomer among Asia’s largest private banks BOC Hong Kong on hiring spree

BOC Hong Kong, which started private banking in 2012 with just three employees, is now one of only two Chinese banks among Asia’s top 20 players in the segment.

China’s Xiaomi secures 7 cornerstone investors including Qualcomm for $6.1b IPO

Xiaomi had been expected to raise up to $10 billion, split between its Hong Kong and mainland offerings.

China’s LUN Partners, Kenetic Capital lead $15m round in fintech startup SharesPost

The funding will be used to build out the startup’s Alternative Trading System (ATS) for private company shares and security tokens as well as global expansion into Asia.