SIG Asia was among the investors as enterprise device authentification technology provider Trusfort raised $18.6m.
Month: January 2018
Tiki takes in more funding
JD.com has become one of the largest shareholders in e-commerce platform Tiki following a round reportedly at least $44m in size.
Caocao Zhuanche charges to $155m
The Geely-backed, electric vehicle-equipped ride hailing platform has closed its series A round at a valuation of more than $1.5bn.
Kuehne + Nagel and Temasek package investment agreement
The joint venture will target early-stage logistics services and technologies such as big data, predictive analytics and artificial intelligence.
Ziroom houses $621m in series A funds
Tencent was among the investors in a Warburg Pincus-led round that valued the accommodation provider, a spinoff from Lianjia, at $3.1bn.
BMW’s Noske notches up Alliance Ventures MD position
Christian Noske, previously a partner at BMW i Ventures and a double GCV Rising Stars winner for 2016 and 2017, has taken the MD role at Alliance Ventures.
Aprinoia traces corporates for series B round
The neurogenerative disease diagnostics technology developer has secured $11.1m in a ShangPharma and TaiAn Technologies-backed round.
AOI Tyo beams $5m to Spiral Ventures
The media and advertising group provided the capital for venture capital firm Spiral Ventures’ Asia fund, which has a $50m target.
Razorpay sharpens up with $20m
The GMO and Mastercard-backed business payment technology provider has closed a series B round co-led by Tiger Global and Y Combinator.
Luma takes acquisition route to Newell
Amazon Alexa Fund and GV have exited wifi router developer Luma, which had raised $22m, in an acquisition reportedly sized at more than $10m.
Pi increases numbers with help from Hero
Hero Electronix was among the limited partners as venture capital fund Pi Ventures reached a $25m second close on its way to a $30m+ target.
True Fit tries on $55m series C
Returning investor Intel Capital has reinvested in a round that took clothing personalisation platform True Fit’s total funding to more than $100m.
Pony.ai rides momentum to raise $112m
Comcast Ventures and Legend Star took part in the autonomous driving startup’s series A round, which was co-led by Legend Capital.
IBM and Comcast state blockchain funding intentions
MState Growth Lab has raised a fund and accelerator for blockchain technologies, with commitments from IBM and Comcast Ventures.