Pet e-commerce finds favour in China

Helical Fusion and Celaid Therapeutics have raised JPY3.23bn and JPY400m, respectively, as Japanese capital targets research-intensive startups.

The University of Hong Kong and Gobi Partners want to transform financing for tech startups in the Special Administrative Region.

The past seven days have seen five investments in electronic cigarette manufacturers in China, including one that reached $40 million.

Many view medical-related investments as defensive in times of economic instability, but William Hu from Qiming Venture Partners reckons that it can be profitable if you are on the right track.

With operations in 24 countries and major expansion underway in its home market of India, Zomato looks set to beat China's Meituan Dianping into the black.

China's dogs and cats get plenty of love from their owners, but it appears there's also plenty of interest from investors with Fullpet planning to use its Series B funding to expand its pet food business.