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October 27, 2020
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Paronym, a Japanese startup that leverages artificial intelligence to develop and provide interactive video solutions, has closed US$6.5 million in a Series B investment round of financing. The round of funding was co-led by Japan Post Capital and NTT Docomo Ventures. Other participating investors include InVent, the corporate venture capital arm of Bangkok-based Intouch Holdings. Paronym is […]

October 27, 2020
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South Africa’s fiber network operator Liquid Telecom has announced it has raised US$307 million through a rights issue to fund a speedy expansion of its data center business some strategic countries in Africa. Africaincmag.com reports that “the rights issue included an additional US$40 million from U.K. development finance institution CDC Group Plc, the group said in a […]

October 27, 2020
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Southern African Venture Capital and Private Equity Association (SAVCA), the industry body and public policy advocate for private equity and venture capital in Southern Africa has announced the appointment of Lelo Rantloane as its new chairman. As founding CEO of Ata Capital, Lelo Rantloane has been serving on the board of SAVCA board for a period of 5 years now and will now ascend as the […]

October 26, 2020
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Singapore-based advanced materials startup Gush, has raised S$4.65 million (US$3.4 million in current exchange rates) in pre-Series A round of funding per a statement released by the firm. The round of funding was led by led by TNB Aura with existing backer Fidelium Group also participating. Other strategic investors like RSP Architects, SEEDS Capital, TRIREC […]

October 26, 2020
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Magnum Research Limited has secured US$30 million (HK$233 million in current exchange rates) pre-Series B for its digital wealth management platform Aqumon according to a statement released by the company. The round of funding was led by Zheng He Capital Management and also saw participation from Lenovo Capital, Alibaba Hong Kong Entrepreneurs Fund, the Wing […]

October 26, 2020
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Chinese online education platform Yuanfudao has raised of US$2.2 billion in a Series G round of funding. According to the press statement, this funding will be in two tranches (G1 and G2) and are an extension of the company’s $1 billion Series G fundraise in March this year. The statement also states that this round […]

October 23, 2020
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Click2Sure, a Cape Town-based insurtech company has raised an undisclosed figure (multi-million in rands) from US-based venture capital firm SixThirty to help the startup expand its operations according to a press statement by the startup. Launched in 2017, Click2Sure is a full-stack digital insurance platform that enables retailers, service providers, distributors and brokers to bolt on a […]

October 23, 2020
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Dingdang Kuaiya, a Chinese online-to-offline (O2O) drug retailer has closed its Series B+ funding with RMB1 billion (the equivalent of US$150 million in current exchange rates) according to a press statement by the financial advisor of the transaction China Renaissance Capital. Existing backers reinvesting in the round include SoftBank China, CMB International, and Sinopharm Zhongjin, […]

October 23, 2020
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Australian retail Al startup Tiliter has announced that it has secured US$7.5 million in investment without disclosing the funding round in a statement released by the firm. The round of financing was led by Investec Emerging Companies (IEC) via its IEC Australia Fund I according to the statement. Other participating investors include angel tech investors […]

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