Series A
GoGoVan, a Hong Kong-based delivery service, has raised Series A round worth $6.5 million led by Centurion Private Equity. Gabriel Fong, chairman of GoGoVan, told Tech in Asia that the company will use the funds for expansion, with Taipei, Melbourne and Sydney targeted. GoGoVan was launched in 2013 and allows van drivers to connect with users with its mobile app. The company is a Red Herring Top 100 Asia finalist.
Helion Energy, a nuclear fusion energy company, has raised $1.5 million in Series A Funding from Mithril Capital Management and Y Combinator. The company aims to develop nuclear fusion power plants that can create nearly unlimited energy with no waste. Helion Energy was founded in 2009 and is headquartered in Redmond, Washington.
Lamahui.com, a baby supplies e-commerce website, has raised $14.6 million in Series A financing from SAIF Partners, DT Capital and TRVC, according to Chinese media reports. Lamahui, based in Hangzhou, China, was founded in 2011 and offers flash sales for mother and infant products. The infant supplies e-commerce space is particularly hot in China right now, as Lamahui competitor Beibei.com also raised $24.3 million in Series A financing from IDG Capital and Banyan Capital recently.
Series C
Latin American real estate and jobs platform Navent has raised $20 million in Series C funding from Riverwood Capital. The company, founded in 2010, serves eight Latin American markets and attracts 30 million monthly users over all of its sites. Navent will use the new funds to focus on its mobile offering and expansion into new markets, according to TechCrunch.
Mobile point-of-sale company SumUp has closed a Series C funding round led by Life.SREDA. Exisiting investors Groupon and BBVA Ventures also participated. The company did not disclose the amount of investment raised but did say the funds will be used to build out its payment solution. Daniel Klein, CEO, SumUp, explains: “We are excited to bring on a new investor that has a deep knowledge of the global fintech space. Life.SREDA is building an eco-system of companies disrupting a wide range of financial services and products. We are happy to become part of this network and are looking forward to realizing synergies with some of their portfolio companies in the future. At the same time we are reassured by our existing investors’ continued support of our vision to become the global mPOS leader.”
Funding
Visual analytics company iCharts has closed a $4.3 million venture funding round led by Software AG. “The digitization of the enterprise and exponential proliferation of data is placing significant strain on organizations to extract actionable insights from their data. Software AG shares iCharts’ vision and demonstrated success in democratizing analytics. We are excited to be joining the team and helping to fuel iCharts’ growth”, said Frederic Hanika, Head of M&A and Corporate Ventures at Software AG.