NewsJoy Capital, an early stage backer of Luckin Coffee, Nio, and Mobike, raises USD 700 million new fundIt now backs other unicorns such as Tuhu and Danke. 1 min read
The new funds will be used to enter additional markets and accelerate product development. NewsStashAway raises USD 12 million in Series B round led by Eight Roads Ventures1 min read
Startups are making short and long-term lodging easier to find in Cambodia. InsightsKhmer Living: Early Stage2 mins read
It makes use of WeChat’s mobile internet ecosystem. NewsKKR invests USD 40 million in Tencent-backed community group buying platform Xingsheng Selected1 min read
Investors include Apple, Microsoft, and Japan’s top three national banks. NewsSoftBank launches USD 108 billion second fund to invest in AI1 min read
More Indonesian banking institutions are entering the venture capital business. NewsIndonesia’s BNI prepares USD 49 million VC fund to support local startups1 min read
It is the largest proptech-focused VC in the industry. NewsFifth Wall to invest in Asian startups with its new property fund2 mins read
The firm aims to invest in 30 enterprise tech startups in Southeast Asia. NewsCocoon Capital launches USD 22 million fund for enterprise tech startups2 mins read
Stake in Chinese tech giant won’t stop generating cash. InsightsSoftBank’s magic lamp keeps sending the Alibaba genie3 mins read
