Artificial intelligence (AI) video startup HeyGen has raised $60 million from American investors following the dissolution of its mainland Chinese operations and relocating to Los Angeles amid geopolitical tensions. The company’s Series A round was led by early-stage venture capital firm Benchmark. New and returning investors included Thrive Capital, BOND, Conviction, Dylan Field, Elad Gil,… Continue reading AI video startup HeyGen raises $60m after divesting from ChinaThe AI startup’s valuation reportedly stood at $500 million following its latest funding…
Author: Deal Street Asia Online News
India Digest: Dairy brand Sid’s Farm bags funding; PremjiInvest leads funding in US-based firm
Sid’s Farm has raised $10 million in a Series A round of funding, while PremjiInvest has led a $130-million Series D funding round in US-based BillionToOne. Sid’s Farm raises $10m co-led by Omnivore Dairy brand Sid’s Farm has raised $10 million in a Series A round of funding co-led by Omnivore and Narotam Sekhsaria Family… Continue reading India Digest: Dairy brand Sid’s Farm bags funding; PremjiInvest leads funding in US-based firm
China’s BYD launches third EV model in Japan
China’s BYD launched its third electric vehicle in Japan, it said on Tuesday, a sedan that will be its most expensive model so far in a market where consumers have long favoured domestic brands. The Shenzhen-based automaker said it had started taking orders for its flagship Seal EV in Japan from Tuesday, setting the suggested… Continue reading China’s BYD launches third EV model in Japan
Decarbonization Partners leads $69m funding in Swiss carbon removal firm Neustark
Decarbonization Partners, a partnership between BlackRock and Temasek, on Tuesday announced that it has led a $69-million funding in Swiss carbon removal provider Neustark. Climatetech growth investor Blume Equity also participated in the round. The investment is expected to fuel Neustark’s growth path and support its mission to permanently remove 1 million tonnes of CO2… Continue reading Decarbonization Partners leads $69m funding in Swiss carbon removal firm Neustark
Indian B2B apparel manufacturer ZYOD raises $18m funding led by RTP GlobalThe financing also saw participation of returning investors Lightspeed Ventu…
ZYOD, a global B2B platform for apparel sourcing and manufacturing, has raised $18 million in its Series A funding round led by RTP Global. The financing, which was a mix of debt and equity investment, also saw the participation of returning investors Lightspeed Venture Partners and Alteria Capital, the Gurugram-based startup said in a statement.… Continue reading Indian B2B apparel manufacturer ZYOD raises $18m funding led by RTP GlobalThe financing also saw participation of returning investors Lightspeed Ventu…
Data Vantage: Oatside, SAVii, Dekoruma, Silicon Box and Shein in focus
Start your deal-making journey now! Subscribe now to enjoy unlimited access at just $59. Premium coverage on private equity, venture capital, and startups in Asia. Exclusive scoops from our reporters in nine key markets. In-depth interviews with industry leaders shaping the ecosystem. Subscribe now Go to Source
Hong Kong SPAC Black Spade Acquisition II eyes $150m US IPOThe previous SPAC agreed to merge with Vietnamese automobile manufacturer VinFast last year…
Black Spade Acquisition II, a Hong Kong-based special purpose acquisition company (SPAC), has officially filed to raise up to $150 million in an initial public offering in the US. The blank cheque firm plans to offer 15 million units at $10 apiece, with each unit consisting of one Class A ordinary share and one-third of… Continue reading Hong Kong SPAC Black Spade Acquisition II eyes $150m US IPOThe previous SPAC agreed to merge with Vietnamese automobile manufacturer VinFast last year…
KKR looking to raise $20b for latest North America buyout fundThe fundraising will be a test of how KKR’s investors view its recent record with buyout…
KKR is seeking about $20 billion from investors for its latest flagship North America private equity fund, according to people familiar with the matter, three years after it launched its predecessor fund of similar size. The New York-based firm, which had $578 billion in assets under management as of the end of March, is returning to a tougher fundraising market for buyout funds. Some investors have been reluctant to make new commitments… Continue reading KKR looking to raise $20b for latest North America buyout fundThe fundraising will be a test of how KKR’s investors view its recent record with buyout…
Charticle: SE Asia’s Software & IT startups raised $99m in Q1—all of it by blockchain firmsSingapore-based Morph, which raised $20m, sealed the bigges…
Demand for startups in Southeast Asia’s Software & IT vertical soared in the first quarter of 2024 but the interest was fuelled entirely by blockchain startups. Q1 2024 was the first quarter in the last four years when non-blockchain startups couldn’t clinch a single deal from private equity (PE) or venture capital (VC) investors. Software… Continue reading Charticle: SE Asia’s Software & IT startups raised $99m in Q1—all of it by blockchain firmsSingapore-based Morph, which raised $20m, sealed the bigges…
Singapore’s Jungle Ventures said to target $600m for latest fund
Go to Source