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J&T's main backers Boyu Capital, Hillhouse Capital Group and Sequoia Capital China, and Chinese internet giant Tencent Holdings were among investors in the latest fundraising.

simPRO has secured an investment of over $350 million from K1 Investment Management, with participation from existing investor Level Equity. It also announced the acquisitions of ClockShark and AroFlo. In addition to supporting the recent acquisitions, the funding will be used to accelerate product investment and scale global operations across the business.

Companies in Southeast Asia raised a record of $9.8 billion from 121 Initial Public Offerings (IPO) this year, out-performing the full calendar year 2020. The momentum in IPO activity continues to grow even as the region is still battling the Covid-19 pandemic, with the number of IPOs up by 6 percent, total funds raised rose by 39 percent and the total IPO…

Dream Sports, has completed an investment of $840 Million at an $8 billion valuation, led by Falcon Edge, DST Global, D1 Capital, RedBird Capital and Tiger Global. The round also saw participation from existing investors like TPG and Footpath Ventures, making it amongst the largest investments globally in the sports tech sector.

Hepmil Media Group has announced a $10 million Series A funding round led by Quest Ventures, Pavilion Capital and Bent Pixels to support its expansion plans in the region. It will leverage the fund to strengthen its leadership in the digital media space by growing its content and creators’ platform and capabilities, along with expansion of its esports and…

MooVita Pte Ltd has announced that 1Derlife Growth and SEEDS Capital have invested in the Singapore-based autonomous vehicle (AV) tech start-up, in its Series A fundraising round closed at the end of October. It plans to bring its products to Europe while expanding and strengthening its footprint in Asia-Pacific.

Funding Societies launched its green loans product at a time when environmental, social, and governance (ESG) investing and sustainable investing are gaining traction in the investing fraternity.

Altimeter Growth Corp will hold the EGM on Nov 30 to seek shareholder approval for the merger.

The funding round will enable SUN Energy to cement its leading market position in Indonesia and bolster growth in the region alongside blue-chip strategic partners that share a similar vision on energy transition.

StraitsX has launched the StraitsX Indonesian Rupiah (XIDR), its second stablecoin in Southeast Asia (SEA). Each XIDR token is fully-backed by one Indonesian Rupiah and will be supported by partners in the StraitsX ecosystem.