Prosperity7 Ventures led a USD60m Series B extension for Zilliz, a US- and China-based vector database company, with follow-on from Pavilion Capital, Hillhouse Capital, 5Y Capital and Yunqi Capital. Read more… Read More
Keppel Asia Infrastructure Fund and Keppel Infrastructure Holdings agreed to acquire a combined 80% stake in KKR-backed 800 Super, a Singapore-based waste disposal and recycling service, for SGD304m (~USD218m). Read more… Read More
India-based VC firm Fundamentum Partnership reached a USD227m final close for its second fund focused on Series B and C investments in India. Read more… Read More
Qiming Venture Partners led a CNY460m (~USD67m) Series A for DeepWay, a China-based maker of EV trucks, with participation from Lenovo Capital, VLight Capital, CCB Trust, EDU Capital, Empowtech Capital, BOCOM International and Huagai Capital. Read more here and here… Read More
B Capital led a USD20.6m Series A for Mojocare, an India-based sexual health platform, with follow-on from Chiratae Ventures, Sequoia India Surge and Better Capital. Read more… Read More
Sunwoda Electric Vehicle Battery Company, a subsidiary of China-listed lithium-ion battery and energy services company Sunwoda, raised a CNY6b (~USD884m) round from Broad Vision Funds, Shenzhen Capital Group, Source Code Capital and NGDF, at a reported post-investment valuation of ~CNY30b (~USD4.4b). Read more here,… Read More
China Merchants Health led a CNY520m (~USD76m) Series B for Porton Advanced Solutions, a China-based contract development and manufacturing organization (CDMO) focused on gene and cell therapy services, with participation from China Merchants Securities, China Merchants Capital, Fosun Health Capital and SDIC Taikang Trust, and follow-on from CMG-SDIC Capital, HM… Read More
US- and China-based VC Cherubic Ventures reached a USD110m final close of its fifth fund, which will invest across sectors and stages, with half of the capital reserved for late-stage and pre-IPO rounds. Read more… Read More
Lighthouse exits India-based skincare and beauty platform Kama Ayurveda to Spain’s Puig for EUR12.5m (~USD12.55m). Read more… Read More
SoftBank-backed Socar, a South Korea-based car sharing company, listed on the Korea Exchange at a KRW966.5b (~USD723m) valuation; no shareholders reportedly exited. Read more… Read More
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