Asia

Robot++ reaches $2.9m summit
Baidu has provided Robot++ with pre-series A funding following an angel round backed by a Tsinghua incubator in April 2018.
Corporates experience Telexistence’s series A
Tokyo's experiential robot developer Telexistence has won funding from a investors including the university's Innovation Platform and a host of corporates.
Tsinghua mulls Japan-focused fund
Tsinghua’s Tus-Holdings is weighing up a venture capital fund as part of a $584m push into Japan’s artificial intelligence, fintech and robotics sectors.
Spiber spins $44m into its web
Synthetic silk developer Spiber spun out of Keio University in 2007 and has now raised a total of more than $260m.
Cheng faces NTU cheating charges
Cheng Choong Hung, formerly of Nanyang Technological University’s innovation arm, allegedly cheated organisations including NTU of $225,000.
24tidy cleans up with $30m series C
Xi'an Jiaotong University's foundation was among the investors in domestic services booking platform 24tidy as the company increased its total to at least $62.7m.
InsGeek collects $14.4m
Legend Holdings has backed the insurance brokerage whose existing shareholders include Tsinghua Holdings and Fosun.
MooreElite gains series A ranking
The company has raised $14.4m from investors including Tsinghua University’s THG Ventures for its range of integrated circuit design services.

Other News

Elens articulates $21.6m
Provided by Matrix Partner China and Ceyuan Ventures, the series A capital will help Renmin natural language processing spinout Elens mature its product development and R&D capabilities.
Kanova captures $16.6m series A
Biotherapeutics developer Kanova has secured capital from investors including Tsinghua University-managed Lotus Lake Ventures.
Goldwind carries LandSpace to new funding
Wind turbine producer Goldwind returned and 36Kr Fund also invested as Tsinghua's rocket technology developer LandSpace secured $43.2m in a series B-plus round.
CAS joins Guangzhou Finance for $144m fund
Research from Chinese Academy of Sciences will benefit from a vehicle backed by the government of Guangzhou in areas including intelligent manufacturing and energy efficiency.
ACSL approaches flotation
Utec-backed Chiba spinout Autonomous Control Systems Laboratory has filed for an initial public offering on the Tokyo Stock Exchange and plans to list on December 21.
Technion sweeps $2.7m for innovation hub
The institute has secured grant funding to coalesce its entrepreneurial services into a new centre partnered with corporates including Teva, Rafael Advanced Defense Systems and Alpha Omega.

Editor's Picks

How science can bring about a eureka moment for Indian…
The Indian innovation ecosystem is slowly catching up with that of the US, but more needs to be done, argue Tarun Khanna and K Vijay Raghavan.
Big deal: Stanford leads global innovation pack
Reuters has ranked the top 100 universities across the world, putting Stanford University at the top and naming KU Leuven as the most innovative institution in Europe.
China's $6.5bn fund just tip of the iceberg
Following the news of China's startup-focused $6.5bn fund launch, Global Government Venturing editor James Mawson looks back at the country's efforts to bolster venture capital.
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