Investments

Israel AI mobility firm Autobrains raises $101M Series C funding led by Temasek

With this latest round of funding, Autobrains is able to grow its commercial reach and bring self-learning AI to additional markets.

Malaysia’s VentureTECH and Japan’s SBI Ventures launch $18M private equity fund to boost Malaysian growth-stage technology firms

The fund is designed to play a strategic role in supporting Malaysian firms in the high value-added and emerging industry market segments to scale up to their full potential and help attract additional investors to support the expansion of these companies during this economic recovery period.

Hong Kong-based gaming platform The Sandbox raises $93M funding led by SoftBank to grow its open NFT metaverse

The investment will enable the company team to scale the platform’s growth as a prime entertainment destination where brands, IPs, and celebrities can engage with their fans through virtual experiences including games, live performances, and social experiences.

TurtleTree Labs investment

Singapore BioTech TurtleTree raises $30M Series A funding led by European investor VERSO Capital

Turtle Tree has successfully raised $30 million in the first tranche of its Series A funding, one of the largest investment rounds to date in Asia's cell-based food sector. The funding sees participation from investors worldwide, including lead investor VERSO Capital. Following this round of funding, TurtleTree has now raised over US$40 million to date.

Affinity Equity Partners invests $150 million in Emtek-backed OTT platform Vidio

With the investment, Affinity will join the board of Vidio and will partner Vidio to turbocharge its growth and extend its market leadership in Indonesia. This investment also supports Vidio to expand its successful Indonesian Original Series franchise, license additional key sports content rights, and invest in building out its live stream and engagement…

Indonesia D2C skincare brand NAMA Beauty raises $5M in seed funding led by AC Ventures, plans to launch second-line brand

The company plans to use the new funding for research and development, marketing and branding, hiring more talents, and launching a new second-line brand. Through existing infrastructure and know-how, the company’s vast logistical and distribution capabilities via partnerships with DMMX and SiCepat Ekspres allow for tremendously scalable operations

Taiwan’s ProLogium Technology secures $326 million to expand global electric vehicle battery production capacity

The funds will be deployed to expand production capacity in Asia, Europe, and the US between 2023 and 2025 to supply the local demands of the major OEMs with high-quality EV batteries. This will accelerate the provision of SSB solutions for ProLogium's EV strategic partners.

Mynt secures $300M funding from lead investors Warburg Pincus, Insight Partners and Bow Wave, now valued at over $2B

Since the onset of community quarantines as a response to COVID-19, Mynt has been at the forefront of the digital transformation of Filipinos as the 'go-to' payment and financial services solution to over 48 million users, nearly half of the national population. With the continued relevance of the app among its users, Mynt is on track to reach PHP 3…

Singapore private equity firm Tembusu Partners launches $100M sustainable fund with Eco-Business

The fund will take a broad sector approach and focus on the five high opportunity areas it has identified: energy transition, climate action, sustainable cities, and circular economy, sustainable food and agriculture, and inclusion. It has a robust pipeline of quality deals and has already invested in an Indonesian start-up in the financial inclusion space.…

India hyperlocal e-commerce platform LoveLocal raises $18M pre-Series B round led by Vulcan Capital

LoveLocal's Pre-Series B marks the largest round ever raised by a solo woman tech founder in India. This represents a huge step forward in the Indian startup ecosystem and comes at a time when less than 1 percent of Indian venture capital deals are invested in women-only-led companies. Moreover, the country is grappling with a sharply declining female labor…