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Page 384

Megvii makes for Hong Kong to IPO

The Alibaba and Foxconn-backed facial-recognition technology developer has filed for an offering that is reportedly set to raise $500m to $1bn.

Aug 27, 2019

Longfor hops aboard Huohua Siwei in $85m round

Huohua Siwei more than doubled its total funding to $160m after attracting $85m in a round that featured an investment vehicle for Longfor Properties.

Aug 27, 2019

HKUST engineers entrepreneurship fund

HKUST Entrepreneurship Fund will invest up to $250,000 in the university's early-stage spinouts, running for an anticipated five-year term.

Aug 27, 2019

Tencent issues $125m to Kuaikan Manhua

Existing backer Tencent has reinvested in the mobile comic marketplace, taking its total funding past the $350m mark.

Aug 27, 2019

East Ventures ekes out $75m for sixth fund

Sinar Mas and Emtek both chipped in as the Southeast Asia-focused venture firm closed its latest fund at an oversubscribed $75m.

Aug 27, 2019

Wapi Pay whips up African startup fund

Wapi Pay subsidiary Wapi Capital has allied itself with smartphone maker Transsion’s Future Hub unit for a vehicle that will invest about $100,000 per deal.

Aug 27, 2019

True Corporation re-authenticates incubator

True Incube has launched the application process for its sixth cohort and is again looking for startups that offer synergies with the corporate and its parent, Charoen Pokphand Group.

Aug 26, 2019

Xiaomi pulls Furrytail toward funding

Xiaomi Ventures led two rounds that totalled $11.2m for cat food and accessories provider, investing together with Morningside Venture Capital and Volcanics Venture.

Aug 26, 2019

Corporate venturing deal net: 19-23 August 2019

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Aug 23, 2019

Tiki documents Ticketbox acquisition

The SIG and Ookbee-backed ticketing platform has been purchased by e-commerce company Tiki in the latter’s first-ever acquisition deal.

Aug 23, 2019
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