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Chinese Delivery Robo Maker Pudu Robotics Doubles its Latest Funding Round with US$15M Series B+

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The funding will help Pudu Robotics grow its market share Chinese indoor delivery robot company Pudu Robotics closed its Series B+ round of nearly $15 Million earlier this month, the company announced in a press release today. The round was led by Sequoia Capital China. Participating investors include Pudu Robotics’ existing backers Chinese Ecommerce platform Meituan-Dianping, […]

Chinese Delivery Robo Maker Pudu Robotics Doubles its Latest Funding Round with US$15M Series B+ Read More »

The funding will help Pudu Robotics grow its market share Chinese indoor delivery robot company Pudu Robotics closed its Series B+ round of nearly $15 Million earlier this month, the company announced in a press release today. The round was led by Sequoia Capital China. Participating investors include Pudu Robotics’ existing backers Chinese Ecommerce platform Meituan-Dianping,

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Chinese Tesla Rival Xpeng Motors Bags US$1.5B In U.S. IPO

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Xpeng Motors is the third Chinese EV maker to list in the U.S. after Li Auto earlier this month and Nio in 2018 Relations between U.S. and China have been souring due to rising political tension, and threats from the U.S. government to delist Chinese companies that do not meet U.S. accounting standards, fuelled by

Chinese Tesla Rival Xpeng Motors Bags US$1.5B In U.S. IPO Read More »

Xpeng Motors is the third Chinese EV maker to list in the U.S. after Li Auto earlier this month and Nio in 2018 Relations between U.S. and China have been souring due to rising political tension, and threats from the U.S. government to delist Chinese companies that do not meet U.S. accounting standards, fuelled by

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Chinese Space Launch Startup iSpace Nets US$172M Series B

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iSpace will use the fresh funds to develop its space launch vehicle Hyperbola 2 Chinese aerospace startup iSpace has raised approximately US$172 million (RMB1,192.5 million) in a Series B funding round from a consortium of investors, the startup announced in a press release on Wednesday. The round was led by Beijing Financial Street Capital Operation

Chinese Space Launch Startup iSpace Nets US$172M Series B Read More »

iSpace will use the fresh funds to develop its space launch vehicle Hyperbola 2 Chinese aerospace startup iSpace has raised approximately US$172 million (RMB1,192.5 million) in a Series B funding round from a consortium of investors, the startup announced in a press release on Wednesday. The round was led by Beijing Financial Street Capital Operation

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Biotech Company Connect Biopharma Raises US$115M in Series C

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Connect Biopharma’s total capital pool nears the US$200 million mark U.S.- and China-based clinical-stage biopharmaceutical company Connect Biopharma has completed a fundraise of US$115 million in a Series C round, the company announced in a statement yesterday. The round was led by U.S.-based multi-stage investment manager RA Capital Management, the statement said. Principal at RA

Biotech Company Connect Biopharma Raises US$115M in Series C Read More »

Connect Biopharma’s total capital pool nears the US$200 million mark U.S.- and China-based clinical-stage biopharmaceutical company Connect Biopharma has completed a fundraise of US$115 million in a Series C round, the company announced in a statement yesterday. The round was led by U.S.-based multi-stage investment manager RA Capital Management, the statement said. Principal at RA

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Enterprise Singapore and Nex Cubed Partner Through ‘Innovation Launchpad Program’ To Equip Singapore Digital Health Startups

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The Innovation Launchpad Program will enable Singapore digital health startups to enter the U.S. market Enterprise Singapore, a Singapore Government-backed agency for enterprise development, has partnered with U.S.-based startup accelerator Nex Cubed to open Nex Cubed’s Innovation Launchpad Program to Singapore digital health startups, according to a press statement released today. Up to 16 such Singapore

Enterprise Singapore and Nex Cubed Partner Through ‘Innovation Launchpad Program’ To Equip Singapore Digital Health Startups Read More »

The Innovation Launchpad Program will enable Singapore digital health startups to enter the U.S. market Enterprise Singapore, a Singapore Government-backed agency for enterprise development, has partnered with U.S.-based startup accelerator Nex Cubed to open Nex Cubed’s Innovation Launchpad Program to Singapore digital health startups, according to a press statement released today. Up to 16 such Singapore

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Chinese Pharma Company Xuanzhu Biopharmaceutical Takes Home Over US$100M in Series A

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Xuanzhu Biopharmaceutical welcomes Chinese government’s State Development and Investment Corporation as an investor Xuanzhu Biopharmaceutical, a subsidiary of China-based pharmaceutical company Sihuan Pharmaceutical Holdings, has raised RMB800 million (approximately US$115.6 million) in its Series A round of financing, according to a statement by the company today. The funding was raised from Chinese state-owned investment company

Chinese Pharma Company Xuanzhu Biopharmaceutical Takes Home Over US$100M in Series A Read More »

Xuanzhu Biopharmaceutical welcomes Chinese government’s State Development and Investment Corporation as an investor Xuanzhu Biopharmaceutical, a subsidiary of China-based pharmaceutical company Sihuan Pharmaceutical Holdings, has raised RMB800 million (approximately US$115.6 million) in its Series A round of financing, according to a statement by the company today. The funding was raised from Chinese state-owned investment company

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Logistics Tech Company FarEye Extends Series D with US$13M Additional Capital

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FarEye’s extension round is aimed at driving global expansion India-based B2B logistics Software-as-a-Service (SaaS) platform FarEye has secured US$13 million additional capital as a Series D extension round, the company said in a statement late last week. The round was led by Indian growth capital fund The Fundamentum Partnership and Korean investment firm KB Global

Logistics Tech Company FarEye Extends Series D with US$13M Additional Capital Read More »

FarEye’s extension round is aimed at driving global expansion India-based B2B logistics Software-as-a-Service (SaaS) platform FarEye has secured US$13 million additional capital as a Series D extension round, the company said in a statement late last week. The round was led by Indian growth capital fund The Fundamentum Partnership and Korean investment firm KB Global

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Chinese Insurtech Startup Waterdrop Raises US$230M Series D Ahead Of U.S. IPO

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Waterdrop is reportedly planning a U.S. IPO as early as this year, at a valuation of US$2 billion Chinese insurtech startup Waterdrop, known as Shuidihuzhu in China, has raised US$230 million in a Series D round of financing led by insurance giant Swiss Re and existing investor and Chinese Internet giant Tencent, the startup announced

Chinese Insurtech Startup Waterdrop Raises US$230M Series D Ahead Of U.S. IPO Read More »

Waterdrop is reportedly planning a U.S. IPO as early as this year, at a valuation of US$2 billion Chinese insurtech startup Waterdrop, known as Shuidihuzhu in China, has raised US$230 million in a Series D round of financing led by insurance giant Swiss Re and existing investor and Chinese Internet giant Tencent, the startup announced

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Taiwanese AI Startup iKala Raises US$17M Series B For Southeast Asia Expansion

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The latest round of investment brings iKala’s total funding to over US$30 million Taiwanese artificial intelligence (AI)-based digital transformation startup iKala has raised US$17 million in a Series B round of financing, the startup announced in a statement yesterday. The round was led by Wistron Digital Technology Holding Company, a wholly-owned subsidiary of Wistron Corporation,

Taiwanese AI Startup iKala Raises US$17M Series B For Southeast Asia Expansion Read More »

The latest round of investment brings iKala’s total funding to over US$30 million Taiwanese artificial intelligence (AI)-based digital transformation startup iKala has raised US$17 million in a Series B round of financing, the startup announced in a statement yesterday. The round was led by Wistron Digital Technology Holding Company, a wholly-owned subsidiary of Wistron Corporation,

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India’s First Private Satellite Earth-Imaging Company Pixxel Raises US$5M Seed Funding

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Pixxel plans to launch 30 satellites by 2022, with the first scheduled to launch towards the end of 2020 Indian spacetech startup Pixxel has raised US$5 million in a seed financing round led by Blume Ventures, growX Venture Management, and Lightspeed India, according to a press statement released on Wednesday. Other investors who participated in

India’s First Private Satellite Earth-Imaging Company Pixxel Raises US$5M Seed Funding Read More »

Pixxel plans to launch 30 satellites by 2022, with the first scheduled to launch towards the end of 2020 Indian spacetech startup Pixxel has raised US$5 million in a seed financing round led by Blume Ventures, growX Venture Management, and Lightspeed India, according to a press statement released on Wednesday. Other investors who participated in

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AI/ML Medtech Startup See-Mode Technologies Bags US$7M Series A

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See-Mode Technologies is pioneering the use of AI/ML in the detection of strokes, vulnerable plaque, and high-risk blood flow Singapore and Australia-based medtech startup See-Mode Technologies has raised US$7 million in its Series A round of financing, according to a statement released today. The round was led by MassMutual Ventures Southeast Asia (MMV SEA), the

AI/ML Medtech Startup See-Mode Technologies Bags US$7M Series A Read More »

See-Mode Technologies is pioneering the use of AI/ML in the detection of strokes, vulnerable plaque, and high-risk blood flow Singapore and Australia-based medtech startup See-Mode Technologies has raised US$7 million in its Series A round of financing, according to a statement released today. The round was led by MassMutual Ventures Southeast Asia (MMV SEA), the

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Hong Kong Banking Alternative Neat Adds US$4M Extension Round to its Series A

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Several investors in Neat’s Series A returned to invest again Hong Kong-based fintech Neat has raised US$4 million as a Series A extension round, according to a press statement released by the company today. The round was funded by existing backers MassMutual Ventures, the investment arm of Massachusetts Mutual Life Insurance Company, Pacific Century Group,

Hong Kong Banking Alternative Neat Adds US$4M Extension Round to its Series A Read More »

Several investors in Neat’s Series A returned to invest again Hong Kong-based fintech Neat has raised US$4 million as a Series A extension round, according to a press statement released by the company today. The round was funded by existing backers MassMutual Ventures, the investment arm of Massachusetts Mutual Life Insurance Company, Pacific Century Group,

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First Close of ‘Lever VC Fund I’ at US$23M

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Lever VC has identified 10 companies to be backed by Fund I so far Lever VC, an alternative protein venture capital firm based in the U.S. and Hong Kong, has secured the first close of its Lever VC Fund I with US$23 million in capital commitments, the firm announced in a statement yesterday. 70% of

First Close of ‘Lever VC Fund I’ at US$23M Read More »

Lever VC has identified 10 companies to be backed by Fund I so far Lever VC, an alternative protein venture capital firm based in the U.S. and Hong Kong, has secured the first close of its Lever VC Fund I with US$23 million in capital commitments, the firm announced in a statement yesterday. 70% of

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Indian Startups Mitron and Trell Make Hay Amid Chinese App Ban

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Indian TikTok alternatives Mitron and Trell have raised fresh funding of US$5 million and $11.43 million respectively Since the Indian government banned popular Chinese social media app TikTok along with 58 others, a slew of Indian companies have emerged to pocket the market share left behind these apps. Indian short-video sharing apps Mitron and Trell

Indian Startups Mitron and Trell Make Hay Amid Chinese App Ban Read More »

Indian TikTok alternatives Mitron and Trell have raised fresh funding of US$5 million and $11.43 million respectively Since the Indian government banned popular Chinese social media app TikTok along with 58 others, a slew of Indian companies have emerged to pocket the market share left behind these apps. Indian short-video sharing apps Mitron and Trell

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Sendle Raises AU$19M in Latest Round of Funding

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The funding will be used to support small businesses across Australia and the U.S. Sydney-based logistics startup Sendle has raised AU$19 million (US$13.775 million)  in its latest round of funding, to manage the unprecedented global demand for ecommerce, expand the company’s shipping network, and support its accelerated growth, the company announced in a press release

Sendle Raises AU$19M in Latest Round of Funding Read More »

The funding will be used to support small businesses across Australia and the U.S. Sydney-based logistics startup Sendle has raised AU$19 million (US$13.775 million)  in its latest round of funding, to manage the unprecedented global demand for ecommerce, expand the company’s shipping network, and support its accelerated growth, the company announced in a press release

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M17 Co-founder Joseph Phua Steps Down As CEO To Be Replaced By Hirofumi Ono

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Joseph Phua, Co-founder and CEO of M17 Entertainment Limited, the operator of Japan’s leading live streaming platform 17LIVE, will step down as the Group CEO and assume the role of non-executive Chairman, while Hirofumi Ono, previously the CEO of M17 Media Japan, will replace him, according to a press release and blog post by Phua yesterday. The

M17 Co-founder Joseph Phua Steps Down As CEO To Be Replaced By Hirofumi Ono Read More »

Joseph Phua, Co-founder and CEO of M17 Entertainment Limited, the operator of Japan’s leading live streaming platform 17LIVE, will step down as the Group CEO and assume the role of non-executive Chairman, while Hirofumi Ono, previously the CEO of M17 Media Japan, will replace him, according to a press release and blog post by Phua yesterday. The

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