SUSI Partners has reached a USD81m first close for its Asia Energy Transition Fund, a vehicle targeting investments in the renewable energy sector in Southeast Asia. The Asian Infrastructure Investment Bank contributed to the first close with a USD50m commitment. Read more… Read More
CPE, Taikang Insurance Group and returning investor Tencent led a USD110m Series C for China-based asset data management company Xuncetech, with follow-on from Goldman Sachs and Greater Bay Area Homeland Investments. Read more… Read More
JD Logistics, the delivery arm of Chinese e-commerce giant JD.com, has raised ~USD3.2b in its Hong Kong listing. This is the largest HKSE listing in 2021 after China-based live streaming app Kuaishou raised ~USD6.2b in February. Read more… Read More
Vivo Capital and Novo Holdings led a USD200m Series A for Esco Lifesciences, a Singapore-based developer of cell and gene therapy tools, with participation from China Investment Corporation and EDBI. Read more… Read More
Polaris Partners led a USD43m Series A for Singapore-based drug discovery platform Engine Biosciences, with follow-on from 6 Dimensions Capital, WuXi AppTec, DHVC, EDBI, Baidu Ventures, Vectr Ventures, Goodman Capital, WI Harper and Nest Bio Labs. Read more… Read More
Rebounding quickly from the pandemic, China VC activity drove private capital investment to USD72b in 2020 Private capital fund managers invested a record USD72b in China in 2020, driven by venture capital (VC) activity. As the first country to experience the outbreak of COVID-19, China enacted strict lockdown measures in… Read More
Investments in Africa, Asia, CEE, Latin America and the Middle East EMPEA’s 2021 report on global venture investment traces venture capital (VC) flows across Africa, Asia, CEE, Latin America and the Middle East. This year’s report includes new breakouts on cross-border co-investment to measure the scope of global collaboration… Read More
Insight Partners led a USD16m Series A for India-based SaaS data collaboration platform Atlan, with participation from angel investors and follow-on from Sequoia Surge and Waterbridge Ventures. Read more… Read More
Tiger Global led a UD30m Series B for Indian social media network Koo at a ~USD100m valuation, with participation from Mirae Asset Management and IIFL’s venture fund, and follow-on from 3one4 Capital, Accel and Blume Ventures. Read more… Read More
TCV and Dragoneer Investment Group led a USD100m Series E for India-based logistics management platform FarEye, with follow-on from Eight Roads Ventures, Fundamentum and Honeywell. Read more… Read More
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