500 Startups cuts its largest Asia deal with $20m investment in Carousell

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The deal also marked its first investment via a special purpose vehicle in Southeast Asia.

Japanese game maker Gumi secures $30m for blockchain VC fund

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Gumi Cryptos will invest in cryptocurrency and blockchain technology startups.


Early stage investor Nexus Venture raises $313m so far for its $450m new fund

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The last few years have been turbulent for Nexus with its massive investment in once-prolific e-commerce player Snapdeal failing to deliver results.


Today’s deep tech could be tomorrow’s fintech: Digital Ventures’ Paul Ark

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The $100-million fund primarily targets investments in fintech-related areas such as blockchain, geolocation and payments, but it is also exploring ‘frontier’ technologies such as augmented reality/virtual reality that could help shape the fintech world in the years to come.


Singapore’s logtech startup Moovaz eyes Asia expansion after securing $1m

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Moovaz has secured seed funding from a group of investors, including key personnel from Ong Beng Seng’s family office fund, Mojo Partners.


Manpasand Beverages share price crash costs SAIF Partners $67m

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VC investor SAIF Partners is the single largest public shareholder in Manpasand Beverages Ltd holding over 17% stake.


Japanese AI startup Cinnamon raises $9m in SBI Investment-backed round

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The fundraising is part of the startup’s plan to raise a total of $10 million for its series B, targeted to be completed by the end of August.


Macquarie Capital co-leads workforce accelerator Trilogy Education’s $50m round

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The startup seeks to bridge the gap between the skills copmanies need and the talent available in the digital economy.


Sequoia said to close fundraising for bulk of $8b global fund

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Sequoia Capital has raised $6 billion for the global fund, with new investors accounting for a majority of the capital commitments.


Horizons Ventures leads $18m financing in Alibaba-backed AI firm Kneron

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Knero will use the funds to accelerate product development and collaborate with strategic partners to implement vertical industrial applications with a focus on three major areas: smart home, smart surveillance, and smartphones.