Venture Capital
Ondine Capital closes first round of Fund III with Taiwan chip firms as LPs
Ondine Capital has announced the first close of its third US dollar-denominated venture fund, with commitments from institutional and strategic limited partners, including several leading Taiwanese semiconductor companies.
Krungsri Finnovate invests in Thailand’s AI company Amity, series D funding exceeds $100M
Amity, a Thailand-based AI technology group, has announced a strategic investment from Finnoventure Private Equity Trust I, a fund managed by Krungsri Finnovate, the corporate venture capital arm of Krungsri.
Singapore’s Multipolitan raises $2M seed led by EmergentX, to build global mobility platform
Multipolitan, a Singapore-registered mobility technology company, has raised $2 million in a seed round at a pre-money valuation of $25 million.
Malaysia’s 10 Cents Capital completes $20M financing, to begin fund rollout in Brazil
10 Cents Capital, a Malaysian investment holding company, has completed $20 million in financing and will deploy the funds in phases, starting in Brazil.
Uzbekistan’s Delever raises $380,000 for restaurant SaaS expansion
Uzbekistan-based restaurant software company Delever has raised $380,000 from AloqaVentures and Nexus Club for product development and market expansion.
Hong Kong fintech PhotonPay raises $40M Series C led by Blockchain Capital
Hong Kong fintech PhotonPay has raised $40 million in a Series C led by Blockchain Capital to expand stablecoin, payment and card infrastructure.
Singapore’s Stryv raises $11.5M Series B led by ACV Capital, to expand into Taiwan
Stryv, a Singapore personal care and home wellness company, has raised US$11.5 million in Series B funding led by ACV Capital, with participation from Openspace Capital and OCTAVE Capital, along with other investors.
Zero Industries raises $3M for satellite laser power network
Japan-linked space startup Zero Industries has raised $3 million in pre-seed funding to develop a laser-based power transmission network for satellites.
PIDG exits Dat Bike as Vietnamese e-motorbike maker raises $26M Series B
The Private Infrastructure Development Group (PIDG) has exited its investment in Vietnam’s electric motorbike startup Dat Bike, after the company redeemed its convertible note.
Neolix raises nearly $400M Series E led by Boyu
Chinese autonomous-delivery company Neolix has raised nearly $400 million in a Boyu Capital-led Series E to support global expansion.
