China’s CreditEase backs $125m Series B for European insurtech startup wefox

By
Posted

The financing was joined by Abu Dhabi-headquartered Mubadala’s newly created European Ventures Fund.

wefox

VinaCapital Ventures backs two startups, appoints advisory board chairman

By

The VC arm of VinaCapital has backed Urbox, a digital gifting platform, and Wee Digital, a fintech startup that uses biometrics and AI to authenticate customers.


SG’s VisVires New Protein leads $5m funding in Nutrition Innovation

By

Nutrition Innovation is VVNP’s sixth portfolio company and its first in Singapore.


Indian payment solutions provider Innoviti raises $11.5m in debt funding

By

Innoviti plans to use the funds for its payments infrastructure and terminals, in addition to technology expansion and hiring people.


Venture capital firm Accel is said to raise $2.5b for new funds

By

The flagship Accel XIV fund totals $525 million, up from $500 million in 2016. Accel also raised a growth fund of $1.5 billion, up from $1.2 billion, and a $500 million Leaders Fund.


Shunwei Capital leads $8.2m Series B round for B2B fashion firm Yishou

By

Matrix Partners China and Huaxing Growth Capital, the private equity arm of China Renaissance, also participated in the round.


Chinese O2O retailer KK Guan closes $60m series C round

By

It plans to use the proceeds from series C to improve its supply chain, expand its offline channels and add more product lines.


SC Malaysia reviews 60 proposals for $245m pooled VC fund

By

The SC also hopes to see greater participation from the private sector to spur the local venture capital and private equity industry.


S.Korea’s pension fund co-invests in $45m Series A round of MegazoneCloud

By

Korea Development Bank, Korea Investment Holdings, KB Financial Group, and Nau IB Capital’s growth capital fund also participated in the round.


HK-based Q Venture Partners raising VC fund

By

Q Venture Partners focuses on global IoT and enabling technologies.