Early-stage VC firm, DNX Ventures opens US$315 million fund in the burgeoning B2B tech space, driven by strong demand for innovative business solutions amid the COVID economy.
Key sections of the Asian Pacific venture capital space are ramping up investment, defying the COVID-19 economic downturn.
Taiwanese AI company, iKala raises US$17 million in funding led by Wistron Corporation, to drive tech development and market expansion.
Startups with scaling ambitions dashed amid plummeting venture capital funding opportunities due to COVID-19, could re-emerge into growth opportunities if they can ride out the immediate economic downturn.
Insurtech company PolicyStreet has raised $US1.8 million in Series A funding to further expand into the South East Asian market.
Australian and New Zealand co-founders secure $US3.2 million in seed funding for their ‘Voice-Visual’ AI assistant for industry.
French-Chinese private equity firm, Cathay Capital PE has raised $US850 million to fuel international expansion of middle-market companies in China, North America and Europe.
Singapore-based AI-powered data protection company, Dathena says it’s closed a $US12 million Series A funding round, amid the surge in remote working, fueled by coronavirus.
Chinese venture capital fund, Fosun RZ Capital has thrown its support behind electric motor producer, IRP Systems, as the Israeli company raises $US17 million in Series B funding.