Sectors
The imaging and sensor system developer has secured new funding in a WRV-led round that featured Qualcomm Ventures.
Sumitomo Mitsui Financial Group has formed an innovation hub in Tokyo as well as a partnership with Work-Bench and Stanford StartX.
Sunglasses brand Gentle Monster has received an amount said to be about $53m from L Catterton Asia, the private equity firm backed by LVMH.
Infoteria and Jafco have combined to invest $14.6m in cryptocurrency technology developer Tech Bureau, reportedly bringing its overall funding to $24m.
The online fashion marketplace has secured $17m in a round co-led by Burda Principal Investments that included existing backer Susquehanna International Group.
Paytm Mall is reportedly lining up a $200m investment in the e-grocer at an $800m post-money valuation that could include Alibaba.
The Tencent, Alibaba and Ping An-backed online insurance provider has secured approval to float in Hong Kong, two years after raising cash at an $8bn valuation.
Souq, itself acquired by Amazon two months ago, has purchased its portfolio business Wing.ae.
Yahoo Japan-backed Ninja Van is reportedly seeking at least $60m in a series C round supported by existing investors such as Abraaj Group.
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