China

Malaysia SPAC AEI CapForce II Investment plans to raise $100M from IPO

At the proposed deal size, AEI CapForce II Investment would command a market value of $129 million.

ADDX, ICHAM ink $200M agreement linked to China government-granted quota for offshore investments

ADDX has reached an agreement with the Singapore-regulated wealth and fund management company ICHAM, which has received a $200 million allocation as part of the Chongqing government’s overall $5 billion QDLP quota. ADDX will be the primary venue for investments from the ICHAM fund in China authorized to raise capital from Chinese institutions and…

Malaysia-based SPAC Kairous Acquisition files for a $50 million IPO on NASDAQ

The SPAC intends to focus on fast-growing technology companies in e-commerce, financial technology, insurance technology, digital health, digital media, and digital services.

Innovation Partnerships: China & Singapore [Event highlights]

On June 10th, SGInnovate and TechNode Global presented a panel to discuss how the rapid rise of China’s technology sector can lead to the development of local deep tech capabilities, alongside its various stakeholders.

For HERO Protein, meat alternatives should taste and feel just like the real thing [ORIGIN Innovation Awards Q&A]

In this TechNode Global Q&A with Coco Tse, Vice President, Strategy & Operations at HERO Protein, we learn how the company is improving on the concept of meat alternatives through different manufacturing processes that ensure the quality of both taste and texture that more closely resembles the real thing.

ORIGIN: Sizzling innovations in FoodTech are enhancing taste, nutrition, and sustainability

In this TechNode Global feature on the winners at the ORIGIN Innovation Awards -- Startup Awards in Food Tech, we caught up with the founders of Sesamilk and HERO Protein to find out how their innovations are contributing to better food and improved sustainability in Asia and globally.

China’s Black Lake continues to digitize industrial China and APAC with $77M Series C

Black Lake plans to use its fresh capital to invest in product development, manpower, market expansion, and creating an open platform for third-party partners. The company also plans to leverage its latest partnership with the Singaporean Temasek Holdings to further penetrate the Southeast Asian market, specifically in Vietnam and Malaysia.

Lalamove on-demand logistics platform

On-demand logistics platform Lalamove raises $515M Series E for China expansion

On-demand logistics company Lalamove has raised $515 million in Series E funding, as announced on its website (the company is known as Huolala in China). This round was led by Sequoia Capital China Fund, with participation from Hillhouse Capital and Shunwei Capital--all returning investors.