Funding - Asia Tech Wire

Funding

2022.03.17

09:39

EV-focused Rockets Capital raised over $200 million in XPeng-led funding round

Asian Tech Press (Mar. 17) -- Rockets Capital, a fund focused on investments in the smart electric vehicle (EV) industrial chain, announced Thursday it has raised more than $200 million from a funding round led by XPeng Inc. (NYSE: XPEV).

2021.12.24

10:02

Chinese bike-sharing firm Hello Inc. to launch $471 million fund

Asian Tech Press (Dec 24) -- Chinese bike-sharing company Hello Inc. announced Friday the launch of an industry investment fund with industry partners, with a total size of 3 billion yuan ($471 million).

2021.09.27

03:41

Geely's Cao Cao Mobility in talks for new funding round, eyes IPO in 5 years

Asian Tech Press (SEP 27) -- After raising nearly $600 million earlier this month, Geely-backed ride-hailing platform Cao Cao Mobility is reportedly in talks with investors for a new round of financing in hopes of furthering its dominance in China's ride-hailing market.

2021.08.13

06:10

EdTech company Emeritus raises $650 mln from SoftBank, Accel

EdTech company Emeritus announced that it raised $650 million in Series E funding, valuing the company at $3.2 billion. The investment was led by global venture capital firm Accel and Softbank's Vision Fund 2.

2021.08.03

09:57

Alibaba-backed Turkish e-commerce firm Trendyol plans to raise $1.5 billion

Trendyol is reportedly in talks to raise about $1.5 billion from investors, including General Atlantic and SoftBank Group Corp., and could close the deal as soon as next week, according to people familiar with the matter.

2021.08.02

10:26

Singapore crypto firm Matrixport Gets $100M Funding, Valuation Over $1B

Matrixport, the crypto finance venture led by Bitmain’s founder, has closed a $100 million Series C round of funding, valuing it at more than $1 billion. To date, the Singapore-based startup has raised $129 million.

2021.07.26

06:54

Taiwanese SaaS solutions provider Kdan Mobile Software raises $16m Series B

Kdan Mobile Software Ltd. recently announced the completion of a $16 million Series B round of funding led by Dattoz, an investment fund co-funded by Korean software group Hancom and Line's parent company Naver, and followed by Golden Asia Fund Ventures, the investment fund of Japan's Mitsubishi UFJ Financial Group, WI Harper Group, and Taiwania Capital Management Corporation.

2021.07.22

07:56

British gov suspends funding to chip factory after sale to China

The British government has stopped funding the largest chipmaker in Britain that sold to a Chinese company.

2021.07.20

09:58

Indian food delivery firm Swiggy raises $1.25 bln from SoftBank, Prosus

BENGALURU (Reuters) - Indian food delivery startup Swiggy said on Tuesday it has raised $1.25 billion in a funding round led by SoftBank's Vision Fund 2 and technology investor Prosus as foreign funds raise their stake in local internet-based consumer firms.

2021.07.19

09:44

Indonesian Social Commerce Startup Raises $3.2 Million in Pre-Series A Funding

2021.07.12

08:54

Walmart's Flipkart closes funding at $37.6 billion valuation

Walmart's Indian e-commerce company Flipkart has raised $3.6 billion in a new round of funding, closing its latest round at a valuation of about $37.6 billion.

2021.07.08

08:29

SoftBank, Eldridge lead $235 mln funding in Israeli startup AnyVision

According to media reports, Israeli artificial intelligence facial recognition startup AnyVision has raised $235 million from SoftBank Vision Fund2 and Holding company Eldridge, among others, to support the growth and adoption of its products.

2021.07.06

06:55

India's Paytm to file draft prospectus next week for $2.3 bln IPO, sources say

According to sources, India's leading digital payment service provider Paytm will file a draft prospectus next week for $2.3 bln IPO.

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