By Chalida Ekvitthayavechnukul
Japanese 3D robot developer 3D MEDiA Co has secured $10 million funding from Innovation Network Corporation and a group of investors. Creema, one of top four online marketplaces in Japan, has raised 1.1 billion yen in the latest round.
Data analytics venture Sense Infosys, consulting marketplace ExpertDB and social dining platform BonAppetour have secured investments.
Healthcare investor Vivo Capital has raised up to $100 million for its newly-formed Sino-US venture capital fund. Named Vivo Panda Fund I, its latest vehicle will put capital into early-stage investments in medical enterprises related to sectors such as pharmaceuticals, biotechnology, medical devices and diagnostics, the company said in a… Read more »
Foxconn-backed MoMagic has invested Rs 5 crore ($741.5k) in Delhi-based celebrity and entertainment driven contest app mChamp Entertainments. PE firm Samara Capital has exited its investment in Asian Oilfield Services by selling its entire stake to Oilmax Energy. MoMagic invests $742k in mChamp Noida-based MoMagic, a mobile internet market and… Read more »
SportsHero has secures a $2.4 million investment from Nevada Iron, which will see it list on the ASX in a reverse takeover deal.
The firm, run by Defmacro Software Pvt. Ltd, had in April raised $1.3 million in angel funding from Silicon Valley-based angel investors, including PayPal co-founder Max Levchin, Whatsapp’s business head Neeraj Arora, and AngelList founder Naval Ravikant, among others.
On Tuesday, Toyota Motor Corp said it was investing an undisclosed amount of money in ride-hailing company Uber Technologies Inc. Germany’s Volkswagen AG said on the same day it would invest $300 million in Gett, a smaller ride-hailing company.
Two of the largest fintech deals took place in China when Lu.com raised $1.22 billion and JD Finance secured $1.01 billion in external financing. These two deals alone accounted for almost half of the total fintech funding in the quarter.
Cloud Alliance has also sealed a global deal with San Francisco-based Unity Technologies to develop a comprehensive platform solution called CloudMoolah which will serve over 5.5 million registered game developers on Unity’s platform.
Israel-based Sensifree, maker of low power, contact free, electromagnetic sensors has raised $5 million in its Series A round of funding led by US-based investment firm TransLink Capital. The round also saw participation from existing and new investors, including UMC Capital, a subsidiary of United Microelectronics Corp and an undisclosed strategic investor,… Read more »