REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Shenzhen, China-based DIY robotics construction and programming learning platform Makeblock just raised $30M in Series B funding. In conjunction with the announcement, we interviewed CEO Jasen Wang about the company, the products it offers, growth and future plans.
Makeblock, a Shenzhen, China-based DIY robotics construction and programming learning platform, raised $30M in Series B funding.
Borqs International Holding, Corp., a global provider of smart connected devices and cloud service solutions for the Internet of Things (“IoT”) industry, received an investment led by Qualcomm Ventures, the investment arm of Qualcomm Incorporated.
Caicloud, a Shangai, China-based startup that provides Kubernetes-based cluster management service and enterprise deep learning solutions, raised $6m in Series A funding.
Beijing Hosen Investment Management, LLP, a Beijing, China-based private equity firm focused on consumption driven opportunities in food and agribusiness, closed its latest fund, at $440m.
Liu Wei, the co-founder of Comet Labs, a San Francisco, CA-based AI/Robotics-focused venture capital firm and research lab, has been hired by Baidu Ventures as its new CEO.
Gambol Pet Group, a Liaocheng, Shandong Province, China-based provider of pet food, received a private equity investment from KKR‘s China Growth Fund.
Shinezone, a Pudong, Shangai, China-based exporter of online games, completed a RMB 400m Series B financing.
Connect Biopharmaceuticals, Ltd., a Taicang, Suzhou, China-based clinical-stage company that discovers and develops novel immune modulators for the treatment of autoimmune diseases and cancer, completed a $20m Series A financing.
China Oceanwide Holdings Group Co., Ltd. and IDG Capital have entered into a definitive agreement to acquire International Data Group, Inc., including its subsidiaries International Data Corporation, IDG Communications, and IDG Ventures.
Kuang-Chi Group, a Shenzhen, China-based technology conglomerate, has launched its Global Community of Innovation (GCI) Fund II and the opening of its Israel-based International Innovation Headquarters.
EasyStack, a Beijing, China-based OpenStack open source cloud enterprise, closed a $50m Series C funding.
Axiom Asia Private Capital closed its fourth fund, with US$ 1.028 billion in commitments from a select group of institutional limited partners.
Ascentage Pharma, a Hong Kong-based global, clinical-stage biopharmaceutical company focused on apoptosis-targeted oncology drug discovery and development, completed RMB 500m (approximately $72m) Series B financing.
e-Shang Redwood, a pan-Asia logistics real estate developer and operator, closed a US$300m pre-IPO equity investment.