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Global ecommerce startup Floship bags US$3.5 million funding round

Floship Global e-commerce raises a US$3.5 million funding round. The company plans to use the investment to accelerate technology development and serve more customers on a wider variety of e-commerce platforms.

EVISU buys back rights to China retail and franchise at US$40 million

EVISU Group Limited, a Japanese high-end denim brand, has announced today that it has bought back the retail and franchise rights for the Chinese market at a price tag of US$40 million.

Global Brain launches US$175 million sixth fund

At the annual Global Brain Alliance Forum, founder and CEO Yasuhiko Yurimoto has announced the creation of a sixth fund to be valued at Us$175 million. The fund made its first close at US$130 million, with its final close expected in June 2017.

Malaysian PE firm Creador closes Fund III at US$ 415 million

Malaysian private equity firm, Creador closes Fund III at US$ 415 million, that is US$ 35 million short from its initial targeted US$ 450 million.

Japan space entertainment startup ALE raises US$ 6 million from angel investors

A startup firm in Japan, ALE that aims to paint the sky with artificial meteors and shooting stars through a project called Sky Canvas is now a step closer with US$ 6 million funding to launch its project in 2018.
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