Sequoia Capital’s early-stage accelerator program Surge, Partech Partners, and Global Founders Capital have invested USD5.5m in Singapore-based communication and commerce solutions platform Tinvio. The fresh capital will support Tinvio’s expansion into Southeast Asia, Taiwan, and Australia. Read more… Read More
Singaporean sovereign wealth fund Temasek led a USD8m funding round for Singaporean plant-based meat and seafood producer Growthwell, with participation from DSG Consumer Partners, Insignia Ventures, Genesis Ventures, Brandify, and Koh Boon Hwee. Read more… Read More
Hillhouse Capital- and Hopu Investment Management-backed global real estate and private equity fund manager GLP, China-based IoT company G7, and others have invested USD100m in Chinese self-driving truck startup Inceptio Technology. Read more… Read More
KKR has agreed to acquire five solar energy assets from India-based infrastructure developer Shapoorji Pallonji Infrastructure Capital for INR15.54b (approximately USD204m). The portfolio comprises assets with a capacity of 169MWp in Maharashtra and assets with a capacity of 148 MWp in Tamil Nadu. Read more… Read More
Japanese VC JAFCO Asia has reached a final close for JAFCO Taiwan I Venture Capital with USD67m in commitments. Investors in the fund include the National Development Fund of Taiwan and other financial institutions. Read more… Read More
Sequoia Capital India and Belgium-based investment company Sofina have invested USD20m in a bridge round for Bira 91, a brand owned by India-based craft beer maker B9 Beverages. Read more… Read More
Private capital-backed Chinese biopharmaceutical company Akeso Biopharma has raised USD333m in an IPO on the Hong Kong Stock Exchange. Read more… Read More
InVent, the corporate venture capital arm of telecommunications firm Intouch Holdings, led a USD8.2m extended series A for Singapore-based insurtech Igloo (formerly known as Axinan), with participation from existing investors Openspace Ventures and Linear Capital. Read more… Read More
IFC has agreed to commit up to USD25m to Archipelago Asia Focus Fund II, a Southeast Asia-focused fund managed by Archipelago Capital. Read more… Read More
Existing investors Bytedance, Falcon Edge, Goldman Sachs, and Sofina have invested USD23.5m in an ongoing Series G for India-based vernacular news aggregation app Dailyhunt. Read more… Read More
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