Singapore-headquartered Digital Edge, which operates data centres in Asia, has announced raising over $1.6 billion in fresh equity and debt capital funding to continue the expansion of its platform. The fresh funding includes approximately $640 million of equity investment from both existing and new investors and $1 billion in debt financing, per the announcement. Digital… Continue reading SG data centre provider Digital Edge secures $1.6b in fresh fundingThe funding includes equity investment and debt financing.
Author: Deal Street Asia Online News
Japan’s Z Venture Capital launches $190m new fundWith the new vehicle, ZVC will strengthen its global investment efforts.
Japanese venture capital firm Z Venture Capital (ZVC) has launched a new fund, ZVC Fund II Investment Limited Partnership (ZVC Fund II), with a total size of 30 billion yen ($190 million) to support innovation and drive startup growth globally, according to an announcement. Tokyo-headquartered Z Venture Capital is a subsidiary of LY Corporation. ZVC Fund… Continue reading Japan’s Z Venture Capital launches $190m new fundWith the new vehicle, ZVC will strengthen its global investment efforts.
Australia’s Insignia Financial gets $1.8b takeover bid from CC Capital PartnersThe company had earlier been approached by Bain with a A$2.67b takeove…
Australia’s Insignia Financial said on Monday it has received a takeover bid from CC Capital Partners to acquire the 178-year-old money manager for A$2.87 billion ($1.78 billion). The company had earlier been approached by Bain Capital with a A$2.67 billion takeover offer, which it rejected in late December, citing that the offer does not provide… Continue reading Australia’s Insignia Financial gets $1.8b takeover bid from CC Capital PartnersThe company had earlier been approached by Bain with a A$2.67b takeove…
After 2021 frenzy, we are now operating in grounded environment: Rukam CapitalThe early-stage VC is currently on the road to raise its second fund.
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Norway sovereign wealth fund buys 45% stake in US real estate portfolio for $1bThe transaction comprised 48 buildings in Southern California, New Jers…
Norway’s sovereign wealth fund said on Friday it had acquired a 45% stake in a portfolio of logistics properties in the United States from the Canada Pension Plan Investment Board in a new joint venture with Goodman Group for $1.07 billion. Norges Bank Investment Management (NBIM), the world’s largest sovereign wealth fund, said it valued the portfolio… Continue reading Norway sovereign wealth fund buys 45% stake in US real estate portfolio for $1bThe transaction comprised 48 buildings in Southern California, New Jers…
India-focused PE-VC funds raise $6.8b in 2024, fail to match 2023 levelsGoing forward, firms hitting the road to raise capital may face an uphill clim…
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Chinese national fund fuels aerospace growth with two $100m-plus dealsReusable rocket maker LandSpace and satellite manufacturer Genesat raised funds.
China’s 147.2-billion-yuan ($20.2 billion) National Manufacturing Transformation and Upgrading Fund has bankrolled two domestic commercial aerospace companies in their $100-million-plus fundraising efforts amid the country’s growing space ambitions. The final few days of 2024 saw the national fund inject 900 million yuan ($123.3 million) into Beijing-based reusable rocket developer LandSpace Technology Corporation. This investment marks… Continue reading Chinese national fund fuels aerospace growth with two $100m-plus dealsReusable rocket maker LandSpace and satellite manufacturer Genesat raised funds.
BAIC-backed Chinese EV maker secures $1.39b in strategic financingThe new financing consists of two tranches.
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Mubadala acquires majority stake in UAE pharma firmsMubadala will acquire 80% of Global Medical Supply Chain and Al Ittihad Drug Store.
Abu Dhabi sovereign investor Mubadala Investment Company has announced its acquisition of a majority stake in Global Medical Supply Chain (GMSC) and Al Ittihad Drug Store (IDS) for an undisclosed sum. In a statement, Mubadala said the acquisition from GlobalOne Healthcare Holding (GHH) gives it an 80% stake in GMSC and IDS, expanding its footprint… Continue reading Mubadala acquires majority stake in UAE pharma firmsMubadala will acquire 80% of Global Medical Supply Chain and Al Ittihad Drug Store.
Chinese EV brand IM Motors raises $192m in fresh Series B round trancheThe battery EV maker had raised $1.1b in the first tranche of the round in Marc…
Chinese premium battery electric vehicle (BEV) brand IM Motors, co-founded by state-owned automaker SAIC Motor, has secured another 1.4 billion yuan ($191.8 million) in a Series B1 round, roping in both state-owned and private investment firms. The latest tranche marks the final close of the company’s Series B fundraising, bringing the total capital raised in… Continue reading Chinese EV brand IM Motors raises $192m in fresh Series B round trancheThe battery EV maker had raised $1.1b in the first tranche of the round in Marc…