Startup Gfresh raises US$20 million in its Series A from Alibaba's investment arm, Riverhill Fund and Legend Holding's investment arm, Legend Capital to facilitate the import of seafood into China
Malaysia's Fruiti King secures MYR 5 million (approximately US$1.19 million) through crowdfunding platform, CrowdPlus.asia. The funds will be used to expand the business oversea.
Starbreeze AB, an independent creator, publisher and distributor of entertainment products has acquired Belgian Nozon, a Visual Effects (VFX) Studio and PresenZ technology creator, for an amount of 7.1 MEUR (approximately US$7.78 million).