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Tencent buys majority stake in Byment

Tencent has followed its series A investment in the comics and animated content producer last year by acquiring a majority share in the company.

Aug 11, 2020

Daily deal net: August 10, 2020

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Aug 10, 2020

MyGlamm makes up PopXo purchase

Doosan, Gree, Oppo and Summit Media have exited the young female-focused social media platform in an acquisition by MyGlamm.

Aug 10, 2020

Fabric Tokyo weaves together Original Lab

The bespoke suit maker’s three-month initiative will admit up to 15 D2C-minded startups and projects for its first batch.

Aug 10, 2020

Xpeng expects US flotation

The smart electric carmaker, which has raised a reported $2.5bn from investors including Alibaba, Foxconn, UCar and Xiaomi, has set a placeholder target of $100m.

Aug 10, 2020

VeriSilicon readies $268m initial public offering

The chip manufacturing services firm is set to go public $268m in an oversubscribed offering that will enable Samsung, Xiaomi and Intel to exit.

Aug 10, 2020

Brite brings in series D funding

Xiaomi has backed a $50.2m round that lifted the total raised by the SMIC-backed chipmaker to more than $80m in just over a decade.

Aug 10, 2020

Monstar Lab tests out new funding

Dentsu Innovation Partners, Japan Post Capital, FFG Venture Business Partners, Serverworks, Shimane Central Shinkin Bank and Skylight Consulting all took part in a $39.8m round for the digital product developer.

Aug 10, 2020

Mixi minds digital fund

Mixi Entertainment Fund has been armed with more than $28m and will be helped by Studio Entre in identifying portfolio companies.

Aug 10, 2020

DIP studies fourth Gakucelerator cohort

Human resources provider DIP’s Gakucelerator has chosen four student-run startups for its latest batch and will provide up to $940,000 between them.

Aug 10, 2020
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