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.
venture capital
VC APAC: positivity amid slump
Key sections of the Asian Pacific venture capital space are ramping up investment, defying the COVID-19 economic downturn.
AI MarTech, iKala raises US$17M
Taiwanese AI company, iKala raises US$17 million in funding led by Wistron Corporation, to drive tech development and market expansion.
Venture capital, Asia Pacific & COVID
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.
Investor support for Insurtech amid pandemic
Insurtech company PolicyStreet has raised $US1.8 million in Series A funding to further expand into the South East Asian market.
Datch Voice AI secures $3.2M seed round
Australian and New Zealand co-founders secure $US3.2 million in seed funding for their ‘Voice-Visual’ AI assistant for industry.
Franco-Sino Midcap II fund locks in $850 mil
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.
Investment flows to remote work security
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 VC looks past volatility, backs EVs
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.