Asia
Kazakhstan Science Fund partners Quest Ventures to boost startup ecosystem
The Science Fund, a Kazakhstan national institute for scientific and technological development, has on Monda announced that it has signed an agreement with Singapore-based venture capital firm Quest Ventures to bolster the vibrant emerging startup and innovation ecosystem in the country.
Japan’s embedded flash memory developer Floadia raises $7M from INABATA and others
Japan-based embedded flash memory developer Floadia Corporation has raised approximately JPY 1.05 billion ($7.04 million) in Series D round. As a first closing, Inabata & Co., Ltd. headquartered in Chuo-ku, Osaka, and Cypress Capital, a Hong Kong investment company, underwrote an allotment of capital for a total of JPY 850 million ($5.7 million).
Abu Dhabi’s Masdar to invest $8B in renewable energy projects in Malaysia
Abu Dhabi Future Energy Company PJSC – Masdar, the United Arab Emirates (UAE)’s clean energy powerhouse plans to invest $8 billion for renewable energy projects in Malaysia. Masdar will develop up to 10 gigawatts (GW) of renewable energy projects in a strategic partnership that will significantly contribute to Malaysia’s sustainable energy……
Japan’s Beyond Next Ventures achieves first close of its deeptech fund at over $67.17M
Japan-based venture capital firm Beyond Next Ventures, Inc. said Wednesday that it has achieved first close of its deeptech fund at over $67.17 million. The firm said it will continue its fund-raising activities in order to realize its final target size of JPY 20-25 billion ($134.34 million to $167.93 million).
Singapore’s UnaFinancial partners with UK’s Velexa to launch digital investing platform in the UAE
UnaFinancial (formerly known as Robocash Group), a Singapore-based fintech group, has partnered with Velexa, a United Kingdom-based wealthtech disruptor to launch a digital investing platform in the United Arab Emirates (UAE).
Bolttech, Allianz Partners team up to offer insurance solutions across APAC and US
Global insurance firm Allianz Partners and Singapore-based insurtech firm bolttech have announced a partnership to provide embedded device and appliance protection insurance across Asia Pacific (APAC) and the United States.
ALIAVIA Ventures back female founders with $8.7M fund
ALIAVIA Ventures, the California-based venture capital firm investing exclusively in female tech founded startups across Australia and the United States, has on Tuesday announced the close of its first fund, raising AUD 13.5 million ($8.7 million).
PATRIZIA and Mitsui commit $45M to Australian renewables firm YES Group
Germany-based investment manager PATRIZIA and Japan's trading an investment firm Mitsui have committed to invest up to AUD 70 million ($44.53 million) in a major solar and battery development program in Australia through the Asia Pacific (APAC) Sustainable Infrastructure Fund (A-SIF).
East Ventures and SV Investment announce the $100M dedicated fund for Southeast Asia
East Ventures, an Indonesia-based venture capital firm, and SV Investment, a South Korea-based venture capital and private equity firm firm, have on Friday announced the $100 million dedicated fund for Southeast Asia. This fund aims to open the investment corridor between the Southeast Asian and Korean venture ecosystem, including capital investment,…
BIS and central bank partners to explore protocols for embedding policy and regulatory compliance in cross-border transactions
The Bank for International Settlements (BIS) and central bank partners have on Thursday launched Project Mandala, which explores the feasibility of encoding jurisdiction-specific policy and regulatory requirements into a common protocol for cross-border use cases such as foreign direct investment, borrowing and payments.
