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Kasikorn Bank to deposit new fund

The financial services firm is planning to set up a corporate venturing fund to back fintech products and services later this year.

Sep 21, 2016

Tennor resonates with investors for $25m series B

Existing backer WuXi Pharmatech Healthcare Fund returned for a series B round that will enable Tennor to move its antibiotics into late-stage development.

Sep 21, 2016

FirstP2P receives $70m series C investment

The NCF peer-to-peer lending spinout has added $70m from backers including CCB International and San Shan Capital Partners to a $41m round closed last year.

Sep 21, 2016

U51 sinks $310m in series C funding

The JD.com-backed credit card management platform raised the funding in a round co-led by Xinhu Zhongbao and Tiantu Capital at a $1bn valuation.

Sep 21, 2016

Baidu reportedly lines up $150m fund

The internet company is said to be planning an investment unit that will back content producers, though it is not clear whether it will be separate from a reported $200m fund.

Sep 20, 2016

Rakuten recognises ViSenze in series B round

Rakuten Ventures has co-led a $10.5m round for visual technology producer ViSenze, having also led its $3.5m series A two and a half years ago.

Sep 20, 2016

Fosun furnishes Goujia's series A

The money will help home decoration e-commerce startup Goujia increase its headcount and further develop its hardware and products.

Sep 20, 2016

Huayi Brothers to entertain $45m CVC arm

Entertainment company Huayi Brothers will begin investing in content-focused startups through a new investment arm from the end of this month.

Sep 20, 2016

SoftBank makes Grab in $750m round

Ride hailing service Grab has closed a $750m series F round led by SoftBank that likely includes existing backer Didi Chuxing.

Sep 20, 2016

Le Supercar revs up with $1.08bn

The LeEco driverless car spinout has closed what it claims is the largest first round ever from an automotive startup, with Lenovo and Macrolink both contributing.

Sep 20, 2016
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