Chinese face recognition startup CloudWalk raises Series B+ from state-owned firms

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Lead investors include China Reform Fund, Atlas Capital Group, SFund International Holdings Limited, Technology Financial Group and Bohai Capital Holding Company.

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On-demand warehouse startup Waresix bags $1.6m funding led by East Ventures, Monk’s Hill

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The company said it will use the fresh capital to continue to leverage its technology and data capabilities to drive increased efficiency for the overall warehousing industry.


India: Seed funding size at new high amid decline in investments, deals

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The trend reflects a maturity in the ecosystem, cost increases and increased faith in founders, according to investors.


Gobi Partners, Core Capital to launch $10m Philippine startup fund

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The micro-fund, which will focus on B2B e-commerce, platform-as-a-service (PaaS), health tech and logistic firms, marks Gobi Partners’ entry in the Philippines.


Salesforce Ventures explores opportunities in India

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“We are seeing that motion build-up in India and we are having more conversations. India is a place where we will be making more trips going ahead,” said Matt Garratt, managing partner, Salesforce Ventures, on the sidelines of Dreamforce 2018.


India Digest: FreshMenu in talks to raise $75m; TALISMAN, Lavelle bag funding

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Bhaichung Bhutia’s TALISMAN has raised funding from CarWale founder Mohit Dubey, and Zomato co-founder Pankaj Chaddha.


It’s raining VC investments in SE Asia this year as funding surpasses 2017

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VC funding in the first eight months of 2018 stood at $3.16b, compared with $2.72b last year.


Creative Ventures hits first close of second fund, attracts interest from top Thai investors

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The first close was led by Chanond Ruangkritya, founder of real estate developer Ananda Development PCL, and Sittichai Leeswadtrakul, CEO and President of steel firm Millco.


SIG Asia leads Series B2 round of Chinese car-sharing operator TOGO

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To date, the startup has raised a total of over $72 million across five financing rounds since its inception in 2015.


India: Sequoia leads $27.4m financing for B2B logistics startup BlackBuck

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Till date, BlackBuck has raised a little over $130 million in external funding.