Investment
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Beijing-based EasyStack secures US$50 million series C funding led by Cash Capital
Beijing-based EasyStack, an OpenStack cloud platform and service provider has secured US$50 million in its Series C funding round, led by Cash Capital.
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Samsung NEXT launches US$150m venture fund targeting AI, VR and IoT startups
Samsung has announced its intention to invest in seed to Series B stages within virtual reality, artificial intelligence, and IoT space via Samsung NEXT, a US$150 million venture capital fund.
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Israel’s Yozma Group to invest US$ 41.4 million in Korean biotech startups
Israel’s leading venture capital firm Yozma Group is entering the global markets, investing US$41.4 million in Korean startups through a fund named “Yozma Group – Daesung Private Equity Inc” which is slated to begin in…
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Warburg-backed e-Shang Redwood closes US$300 million investment in run up to IPO
E-Shang Redwood (ESR) has closed a US$300 million round of investment led by a consortium of China mainland investors. The Asian logistics developer also prepares for a potential 2017 initial public offering.
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China establishes US$1.44 billion Asia Fintech Fund of Funds (FOF) focusing on M&A deals
Asia Fintech Fund of Funds (FOF), a foundation that targets financial and tech mergers and acquisition (M&A) in Asia has been established with funds of US$1.44 billion.