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Financial

Big Deal: NGP lands large exit after UCWeb move

Nokia Growth Partners backed UCWeb in 2010 because it believed UCWeb was a strong company, yet this required the unit to invest in a company potentially competitive to a goal of its sponsor and sole limited partner.


Jun 23, 2014

TOM Group experiments with WeLab

The media company has invested in a $14m series A round for microlending platform WeLab, which plans to now expand from Hong Kong into mainland China.

Jun 18, 2014

CTQuan to crowd in $100m for venture fund

The crowdfunding service, which has just secured $4m from angel investors, will seek to invest in foreign startups out of a corporate venturing fund that could reach $100m.

Jun 17, 2014

The Big Deal: Uber

Uber's $1.2bn series D round has demonstrated again the excitement surrounding the mobility sector at present, and the ride sharing market in particular.

Jun 13, 2014

Softbank targets Philippines with $20m fund

The Japanese company will make the investments with IP Ventures, the Philippine corporate venturing unit in which it holds a 10% stake.

Jun 13, 2014

Payoneer to break ground in China with Ping An

Insurance firm Ping An has invested an undisclosed sum in SIG-backed Payoneer, and will help it expand its international payment service in China.

Jun 12, 2014

Handelsblatt trades cash for equity in Wikifolio

The social trading platform has followed a 2013 series A round with a $8.2m round backed by Handelsblatt subsidiary VHB Ventures.

Jun 10, 2014

May sees bumper 177 deals

There was a surge of deals in May as investment activity picked up from corporate venturing groups across many sectors.

Jun 9, 2014

MicroEnsure secures $10.4m to cover new lands

The insurance provider raised the cash as telecom company Telenor agreed to incorporate an Asian joint venture into MicroEnsure.

Jun 7, 2014
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