The Asia-based gaming sector has yet another deal announcement to make with the latest $2.2m series A round of funding for Japan games developer Mutations Studio made by KDDI Open Innovation Fund, the corporate venturing entity behind Japan-based telecommunications and mobile network company KDDI group.
Author: Katherine Steiner-Dicks
Schoo enrols Itochu
The online course sector is expected to grow in Asia, namely in Japan with the latest investment including a deal courted by Itochu Technology Ventures, Anri Fund and Incubate Fund. The three invested $1.5m in Japan-based Schoo.
IDG goes nuts for Three Squirrels
Healthy snacks are all the rage across Europe and Asia, but not all brands deliver direct to your door in Asia. IDG has backed a relatively new food brand, Three Squirrels,that has gained a big customer following in China.
Fluxflex has its converts
CyberAgent Ventures, Archetype and GMO Payment Gateway buy convertible notes in API hosting site FluxFlex.
Fuji, Gumi and B Dash set up A-lim
The gaming market in Japan is very competitive, but Fuji Startup Ventures, Gumi Ventures and B Dash Ventures have teamed up in a new gaming venture called A-lim that has the marketing power behind it to make a huge splash.
ShopClues searches for $50m boost
ShopClues.com, India’s first and currently largest managed marketplace that connects buyers and sellers, is looking to raise between $30m and $50m following on from its January 2013 series C funding round that was worth $10m. The last round was backed by Helion Venture Partners, Nexus Venture Partners and Japan’s Netprice, which is backed by IT… Continue reading ShopClues searches for $50m boost
Bit-isle, Simplex, Movida test waters in $4m Shift deal
Software testing is crucial, especially for clients in the financial services and consulting industry. No surprise then that Japan-based Bit-isle, an IT and internet data company, has made a strategic investment in Japan software testing company, Shift.
Myntra out shopping for $100m
IDG-backed Myntra Designs, which runs lifestyle e-commerce site Myntra.com, is looking to expand across India.
Goldman, Temasek book $110m in Cloudary
The e-book industry is heating up in China and Goldman Sachs and Temasek Holdings are hoping that Cloudary will be a page turner.
CommonFloor.com looking to build on $7.5m deal
Tiger Global Management and Accel India have come back for another round of funding in CommonFloor.com, an India-based online property portal which is open to strategic investment.
Tata investment in Pluss Polymers gets topical
Tata Capital Innovations Fund, the corporate venturing unit of India-based industrial group Tata, has invested $2.5m (Rs15 crore) in India-based Pluss Polymers, an India-based company that specialises in the business of research, development and manufacture of specialised polymers and Phase Change Materials (PCMs). Specialised polymers are created to enhance properties of polymer compounds in white… Continue reading Tata investment in Pluss Polymers gets topical
Vivant to drive digital deals for $80m MH Carnegie fund
Australia-based Vivant Ventures, the digital technologies incubator unit of Vivant, has formed a partnership with Australia investment firm MH Carnegie, which will be a welcome venture for companies hatching out of the Vivant incubator looking for follow-on funding.
Alibaba-backed TaoTaoSou fashion fit in series B round
TaoTaoSou, a Chinese fashion e-commerce comparison site, has raised an undisclosed amount of series B funding from DT Capital, a China early stage private equity firm, and existing investors, CDH Investments, an international alternative asset fund manager focused on partnering with China management teams, and Alibaba. Prior to this round, the 2010 start-up had raised $20m, according… Continue reading Alibaba-backed TaoTaoSou fashion fit in series B round
SK Planet to snap up US tech assets
SK Planet, an internet services company owned by SK Telecom of South Korea, will be active in the US technology corporate venturing space over the next three to five years. The company has a funding remit of between $500m and $1bn.