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Japanese corporate venturing to get government boost

The Japanese government will introduce tax breaks for firms or corporate venturing vehicles backing tech companies to support domestic open innovation practices.

Dec 12, 2019

Carsome caches $50m

The Hubert Burda-backed second-hand car marketplace has now raised $85m in total, MUFG Innovation Partners and Daiwa PI Partners chipping in for its series C round.

Dec 12, 2019

BCA refills corporate venturing unit

Fintech-focused Central Capital Ventura has received another $14.2m from its parent bank, nearly three years after it was launched with $15m.

Dec 12, 2019

WeLab produces $156m result

Alibaba Hong Kong Entrepreneurs Fund was one of five returning backers to reinvest in the online lending platform as part of its series C round.

Dec 12, 2019

HappyEasyGo moves to $49m round

Samsung Venture Investment Corporation has helped the flight-booking platform raise nearly $49m that will help it expand its hotel-booking services.

Dec 12, 2019

LandSpace rockets to $71m series C

Country Garden Venture Capital led a round that will support the development and launch of 36Kr and Goldwind-backed LandSpace's next rocket model.

Dec 11, 2019

Vertex closes Master Fund at $730m

The firm has confirmed the closure of its Master Fund, which features NEC Capital Solutions, Marubeni, SMBC, ABeam and Aozora Bank among its LPs.

Dec 11, 2019

LandSpace embraces $71m

Space rocket producer LandSpace, a Tsinghua University spinout, has now raised about $200m in all from investors including Xidian University and 36kr Media.

Dec 11, 2019

Molbase assays $70m IPO

Fosun is in line for an exit after chemicals trading platform Molbase filed for an initial public offering in the US with a target size of $70m.

Dec 10, 2019

Nium aims for $100m in series D transfer

The corporate-backed cross-border money transfer platform is seeking between $75m and $100m, with a US strategic investor set to lead the round.

Dec 10, 2019
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