Asia
Vertex Ventures SEA & India completes Fund V’s final close at $541M
The fund corpus includes a dedicated co-investment envelope of $50 million for co-investing alongside the main fund in startups led by women founders.
Embarking on a transformative journey at “Explore the Innovation Ocean” at HK Ocean Park, organized by Jumpstart & StartmeupHK
"Explore the Innovation Ocean" ensures an extraordinary voyage, seamlessly interweaving profound discussions, pioneering exhibitions, and unparalleled networking prospects. Notable among featured speakers, representing leading companies in their respective fields, are Dr. Jia Zou from Roblox, China, Alex Xu from Leyou Technologies, Dr. Sara Cheung from Asia…
Animoca Brands raises $20M for its Mocaverse project in funding round led by CMCC Global
The funding round was led by CMCC Global, with other investors including Kingsway Capital, Liberty City Ventures, GameFi Ventures, Aleksander Larsen (founder of Sky Mavis), Gabby Dizon (founder of Yield Guild Games), institutional investors of Koda Capital, and others. Yat Siu, the executive chairman and co-founder of Animoca Brands is also participating in…
Norway sovereign fund closes Shanghai’s office, Singapore office to serve as regional hub
The sovereign fund said its investments in China remain unchanged and the decision is driven by operational considerations and does not affect the fund’s investment strategy or its investments in China.
This Korean startup aims to reduce truck accidents with its real-time truck tire profile direct sensing technology
According to Lee, BANF’s primary focal points encompass the US and China, both of which constitute the most sizable segments within the realm of ground logistics.
Temasek leads $140M India’s Ola Electric funding at $5.4B valuation – report
The investment round has been closed and Ola will be receiving the funds within a week's time, though there will be another round of fund raising before it files papers for an up to $1 billion IPO planned for late 2023, said the first source, according to the report.
Tencent Cloud says international business posts strong growth
In the first half of 2023, international business posted double digit revenue growth, with particularly strong performances in Japan, Singapore, Malaysia, Indonesia, Europe, and the Middle East.
Korean Air selects NASDAQ-listed satellite communications firm Viasat’s inflight broadband service
Under the agreement, the Korean flag carrier has selected Viasat’s inflight broadband solution for its upcoming fleet of Airbus A321neo aircraft.
Josys raises $93M Series B to drive expansion & revolutionize global IT operations
Global Brain and Globis Capital Partners led the latest infusion of capital, bringing its total funding to $125 million.
India’s IndoSpace raises additional $150M investment led by Qatar Investment Authority, Grosvenor’s Diversified Property Investments
IndoSpace, the largest investor, developer, and operator of grade A industrial and logistics real estate in India, has announced the successful completion of its second round of fundraising for IndoSpace Logistics Parks IV (ILP IV), securing an additional USD 150 million in investment.
