Asia
India’s Aye Finance raises $37M in Series F funding led by British International Investment
Aye Finance, an India-based micro-enterprise lender, has entered into definitive agreements for INR 310 crores ($37 million) in Series F funding, led by United Kingdom's development finance institution and impact investor British International Investment (BII).
India’s PlasmaGen Biosciences completes $27M equity financing
PlasmaGen Biosciences, a biopharmaceutical company focused on blood plasma-derived pharmaceutical products for India and emerging markets, announced that it has raised 225 crores ($27 million) in equity financing. The funding was coming from United Kingdom based Artian Investments, prominent public market investor Ashish Kacholia, pharmaceutical…
Australian health tech company Vantari VR raises $4.7M in funding led by Co:Act Capital
Australia-based virtual reality (VR) medical training provider Vantari VR, has secured AUD $7 million ($4.7 million) via a Pre Series A capital raise. The oversubscribed round was led by Co:Act Capital and supported by Acova Capital, Significant Early Venture Capital, Sirius Capital and other investors from the medical device and insurance ecosystem.
India’s Vegrow raises $46M in Series C funding round led by GIC
Vegrow, an India-based business to business (B2B) fruits marketplace, announced it has raised $46 million in primary and secondary funding. The new funding round is led by GIC, Singapore’s sovereign wealth fund, with significant participation from existing investor Prosus Ventures, and continued support from Matrix Partners India, Elevation Capital, and…
South Korea’s LINE NEXT raises $140M to expand Web3 ecosystem
LINE NEXT Corporation., South Korea-based LINE’s venture dedicated to developing and expanding the non-fungible token (NFT) ecosystem, announced Wednesday that it has secured a $140 million investment from a consortium led by the private equity firm Crescendo Equity Partners.
Taiwan’s Gogoro launches battery swapping ecosystem in India, unveils India-made CrossOver smartscooter
Gogoro Inc., a Taiwan-based technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, has on Tuesday announced the immediate availability of its battery swapping ecosystem and Smartscooters in India.
Gobi GBA drives positive environmental change and circular business models through strategic capital allocation
Gobi Partners, a leading pan-Asian venture capital firm, is firmly dedicated to promoting sustainable development and is poised to make significant investments in circular economy sectors across the Asia-Pacific (APAC) region, with a particular focus on the vibrant Greater Bay Area (GBA).
Animoca Brands Japan and Apas Port introduce new digital toy platform developed by OnChain Studios for Japanese collectors
Animoca Brands Japan, a strategic subsidiary of Animoca Brands, announced Monday that the firm and Apas Port Inc. have partnered with Cryptoys, a digital toy platform developed by OnChain Studios, to deliver a new toy experience to Japanese collectors.
ADB announces start of Climate Action Catalyst Fund
The Asian Development Bank (ADB) has on last Friday announced that it will start on January 1, 2024 operations of its Climate Action Catalyst Fund (CACF) — a first-of-its-kind carbon fund under the Paris Agreement. The fund aims to mobilize innovative carbon finance through the purchase of carbon credits to catalyze investments in transformative mitigation…
JICA to provide up to $1.5B for ADB-managed LEAP 2 Fund to support infrastructure in Asia and the Pacific
The Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA) have signed an agreement to establish the Leading Asia's Private Infrastructure Fund 2 (LEAP 2) with capital of up to $1.5 billion provided by JICA. The fund aims to co-finance high-quality, resilient, and sustainable infrastructure projects in Asia and the Pacific.
