Venture News

The World’s Biggest Shopping Event: Alibaba Achieve Highest Sales Record Of US$ 17.7 Bn...

China's ecommerce giant, Alibaba has set a new sales record with its annual Singles Day event, reaching 121bn yuan (US$ 17.7 billion)

Japan’s Sekai Lab, A Crowdsourced App Development Service Secures US$2.5 Million For Market Expansion

Japanese Monstar Lab secures 250 million yen (about US$2.5 million) for the further expansion of crowdsourced app development service, Sekai Lab .

Behavior Analytics Firm Interana Raises US$18 Million In Funding Round Led By Vertex Ventures

Interana, a California-based startup providing behavioral analytics solution has secured US$18 million in a funding round led by Vertex Ventures. The funding will be used to make behavioral analytics more available to digital transforming businesses.

New Chinese Bike-Sharing Startup Ubike Raises US$22 Million To Join Heated Market

Chinese Ubike raises US$22 million in Series A funding to get a competitive edge against Ofo and Mobike.

ToneTree Launches Kickstarter For OAK, An Augmented Reality Playground For iPhones

ToneTree has recently launched their Kickstarter crowdfunding campaign for OAK, an augmented reality platform that can turn an iPhone into a table top reality playground for any user.

Gfresh Secures US$20 Million From Riverhill Fund And Legend Capital To Import Seafood In...

Startup Gfresh raises US$20 million in its Series A from Alibaba's investment arm, Riverhill Fund and Legend Holding's investment arm, Legend Capital to facilitate the import of seafood into China

Malaysian Fruiti King Raises MYR 5 Million In Funds Via CrowdPlus.asia

Malaysia's Fruiti King secures MYR 5 million (approximately US$1.19 million) through crowdfunding platform, CrowdPlus.asia. The funds will be used to expand the business oversea.

Chinese Bike-Sharing Startup Mobike Is Riding To Its First Stop In Singapore

Bike-sharing startup, Mobike is exploring opportunities outside of China as it launches its first overseas branch in Singapore.

Giphy Raises Additional US$72 Million In Funding, Now Values At US$600 Million

The popular search engine for GIFs raises an additional US$72 million in funding and is now valued at US$600 million.

Starbreeze Acquires Nozon, A Belgian Visual Effects Studio And PresenZ Technology Creator To Improve...

Starbreeze AB, an independent creator, publisher and distributor of entertainment products has acquired Belgian Nozon, a Visual Effects (VFX) Studio and PresenZ technology creator, for an amount of 7.1 MEUR (approximately US$7.78 million).
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