Temasek, Cathay Capital Private Equity and Haochen Capital led a USD55m Series B for China-based 3D printing startup WeNext Technology, with participation from Creo Capital and follow-on from Nio Capital and CAS Investment Management. Read more… Read More
Tiger Global led a USD110m round for Bizongo, an India-based B2B marketplace for packaging materials, with follow-on from B Capital, IFC and CDC. Schroder, Chiratae Ventures, Adveq, Bruno E. Raschle, Add Ventures Capital, Castle Investment and Satyadharma Investments also participated in the round. Read more… Read More
Sequoia Capital India led a USD105m Series C for Singapore-based edtech LingoAce, with participation from Owl Ventures, Shunwei Capital and SWC Global. Read more… Read More
STIC Investments led a KRW1t (~USD840m) investment in Iljin Materials, a South Korea-based producer of electric foils used in lithium batteries and consumer electronics. The transaction includes KRW500b in acquisition financing provided by Korea Development Bank, KB Kookmin Bank and Shinhan Bank. Read more… Read More
Huada Semiconductor led a CNY8b (~USD1.2b) round for China-based chip manufacturer GTA Semiconductor, with participation from CII Fund, Shang QI Capital, Skyworth investment, Xiaomi Changjiang fund, CITIC Industrial Fund, CICC, China Capital Management and Guotai Junan Securities. Read more… Read More
AC Ventures reached a USD205m+ final close for its third fund targeting early-stage technology startups based in Indonesia. Read more… Read More
SoftBank invested USD150m in Zepeto, a South Korean fashion metaverse platform, at a reported USD1b+ valuation. Read more… Read More
Prosus Ventures and EDBI led a ~USD26m round for Endowus, a Singapore-based wealth management app, with participation from Z Holdings and follow-on from UBS, Singtel Innov8 and Lightspeed Venture Partners. Read more… Read More
Tiger Global and Insight Partners led a USD220m Series B for Slice, an India-based credit card issuer, with participation from Advent International, Blume Ventures and others at a reported USD1b+ valuation. Read more… Read More
KKR acquired an undisclosed minority stake in Taylor’s Education Group, a Malaysia-based K-12 education service provider. Read more… Read More
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