Asia

Terra Drone Corporation, a drone and Urban Air Mobility (UAM) technology provider based in Japan, has expanded into the precision agriculture sector by acquiring the business of Avirtech, a startup providing agricultural drone spraying and mapping service in Southeast Asia.

Petronas Ventures investment arm Twin Towers Ventures (TTV) and Asia-focused venture capital firm Gobi Partners have partnered for resources, proficiency and networks to invest in the ecosystem of sustainable innovation within Southeast Asia (SEA) and the Greater Bay Area (GBA) in China.

Animoca Brands Japan, a strategic subsidiary of Animoca Brands Corporation Limited (Animoca Brands), announced Tuesday a collaboration with Honda Motor Co., Ltd (Honda), Gryfyn and GET Protocol for Web3 fan engagement in Japan.

Ontario Teachers’ Pension Plan (Ontario Teachers’) said Monday it will acquire global investment firm KKR and other shareholders’ stakes in GreenCollar, an Australian environmental markets platform. The duo have signed a definitive agreement for the deal. The financial terms of the transaction, however, were not disclosed.

Singapore-based real estate investment firm CapitaLand Investment Limited’s (CLI) has acquired a newly completed, Grade A logistics property in South Korea for SGD 112 million ($82.5 million). The acquisition was done through its flagship regional core-plus fund, CapitaLand Open End Real Estate Fund (COREF).

Bowtie, a Hong Kong-based virtual insurer, has announced the successful completion of a $34.9 million Series B2 funding round. The round was led by main investor Sun Life Hong Kong Limited, with further participation by Mitsui & Co., Ltd.

Malaysia-based clean energy solutions company Gentari has officially rebranded leading renewable energy solutions provider WIRSOL Energy on Tuesday, following the completion of its full acquisition in February 2023. With the rebranding, WIRSOL Energy will now be known as Gentari Solar Australia.

K12 Techno Services Private Limited (K12 Techno), a an education and technology services provider in India, has on Thursday announced an investment from Kedaara Capital, for a significant minority stake in the company.

Cultos Global, a web3 venture headquartered in Dubai, has successfully secured an undisclosed sum in their ongoing funding round. The funds raised will primarily bolster the expansion of Cultos Global's product and engineering teams across the UAE and India as well as expanding its platform development by introducing several new innovative functionalities.

Panmnesia, a South Korea-based fabless semiconductor company focused on CXL (Compute Express Link) technology, has on Friday announced its successful completion of a seed funding round amassing $12.5 million.