Asia

Grab revs up $150m Yamaha investment
Grab has increased its latest round to $2.85bn with a $150m investment by its latest strategic partner, Yamaha Motor.
Licious orders in $25m
Nichirei Corp led Licious' series D round, three months after the online meat and fish delivery service raised $25m in a separate round led by Bertelsmann.
Zhong leaves Next47 for CR Capital
Next47 associate Rachel Zhong has taken a position at CR Capital, which manages a $16bn fund on behalf of conglomerate China Resources Group.
Byju’s nets Naspers on its way to $400m
Naspers Ventures is leading a funding round for Byju’s already sized at $322m, with a $400m target, that is valuing the online learning platform at $3.6bn.
Megvii makes for $500m in new funding
The facial and body recognition software developer is lining up a round that would value it at between $3.5bn and $4bn, with existing backer Alibaba a possible investor.
Viva Republica gets $80m funding transfer
Novel and existing investors PayPal and Qualcomm Ventures all contributed to a round for Toss owner Viva Republica that valued it at $1.2bn.
Green Rice cooks up series B-plus funding
The smart device developer, which counts SEB and Xiaomi as backers, has raised tens of millions of dollars in its third funding round this year.
Emotibot computes $30m series B
Ecovacs Robotics invested in the emotion-recognition technology developer as part of a series B round, participating as an existing backer.

Other News

Axelspace explores series B round
Mitsui and Dai-ichi Life have backed a $22.9m investment round led by 31Ventures Global Innovation Fund that will fund the launch of Axelspace's latest satellite.
Telexistence reaches out to corporates in series A
KDDI, Airbus, Global Logistic Properties, JTB and Maeda Industry all chipped in as the experiential robotics startup raised an undisclosed amount.
Meiri Yitao produces $100m series B
The fruit and vegetable-focused social commerce platform was incubated by MissFresh and has just raised $100m in an SIG-backed round.
Qian moves up at JD Finance
Bill Qian, JD Finance's head of cross-border M&A, was promoted to general manager of corporate ventures in July.
Abeja adds another corporate to series C round
The retail technology provider has received an undisclosed amount of funding from Google, boosting a series C round sized at $38.3m as of July.
Bytedance takes a turn at corporate venturing
The digital media company is putting together a $1.44bn fund in which it will provide 20% of the capital, targeting state-owned vehicles for the rest.

Editor's Picks

Salesforce Ventures sends $100m to Japanese fund
Salesforce Ventures has followed the formation of a $100m Canadian fund in May by investing a further $100m in Japan Trailblazer Fund.
Lufax attacks with $1.3bn in new funding
SBI, JP Morgan, Macquarie Group, UBS, Goldman Sachs and UOB have all invested in the online wealth manager at a $38bn pre-money valuation.
Coupang cops another $2bn from SoftBank
SoftBank's Vision Fund provided $1bn for the e-commerce marketplace at a $9bn valuation, three years after a $1bn investment by its parent company.
Tokopedia locks up $1bn in SoftBank-led round
SoftBank has reportedly led a round that valued the peer-to-peer e-commerce platform, which also counts Alibaba and CyberAgent as investors, at about $7bn.
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