Global venture capital investment in crypto companies rose to $2.4 billion in the first three months of 2024, data showed on Monday, in a tentative sign that investor interest is returning. Crypto venture capital flows peaked at $11.1 billion in the first quarter of 2022, before seven consecutive quarters of declining volumes, with just $1.7… Continue reading Global VC investments in crypto firms picks up in Q1 after seven straight quarters of declineGlobal VC investments in crypto companies rose to $2.4b i…
Author: Deal Street Asia Online News
PAG raises $550m for its first renewable energy fund from Mubadala, others
Asia-Pacific investment firm PAG said on Monday it had raised $550 million for its first renewable energy fund, which focuses on investments in physical assets in Asia and includes solar power in Japan as its primary target. PAG, which manages more than $55 billion of capital ranging from private equity to credit, said in a… Continue reading PAG raises $550m for its first renewable energy fund from Mubadala, others
PE group Quinbrook proposes $2.4b ‘green iron’ facility in Australia’s Queensland
Private equity group Quinbrook Infrastructure Partners said on Monday it would start work on a new iron ore mine and “green iron” processing facility in the state of Queensland which could cost as much as A$3.5 billion ($2.4 billion). The proposal, announced at a ceremony attended by Treasurer Jim Chalmers, will mine magnetite iron in… Continue reading PE group Quinbrook proposes $2.4b ‘green iron’ facility in Australia’s Queensland
Elon Musk to consider offer to build EV battery plant in Indonesia, says minister
Indonesia’s coordinating minister of investment said that Elon Musk will consider an offer to build an electric vehicle battery plant in the country, after the CEO of Tesla met with President Joko Widodo on Monday. Musk was not immediately available for comment after minister Luhut Pandjaitan made his remarks to reporters. Musk and Widodo met… Continue reading Elon Musk to consider offer to build EV battery plant in Indonesia, says minister
Foreign LPs eye Japan for a slice of Asia Pacific market, says Monument GroupSome LPs are even willing to waive their minimum commitment size, said Mo…
Go to Source
Alibaba injects another $230m into Lazada’s SE Asia unit
Go to Source
Vietnamese lender Sacombank eyes raising up to $880m from stake sale
Go to Source
PH climate-tech startup Humble Sustainability secures additional funding
Go to Source
The LP View: Not difficult to find funds with stringent impact reporting, says Proparco
Go to Source
Saudi staffing company SMASCO sets final IPO priceThe growth of IPOs in the region comes as part of broad plans to deepen capital markets, grow the pr…
Saudi Arabian staffing company SMASCO announced its final IPO price at 7.50 riyals per share via the Saudi Exchange on Sunday. The company aims to raise as much as 900 million riyals ($240 million) in its initial public offering on Riyadh’s main bourse, it said earlier this month. SMASCO plans to offer 120 million shares… Continue reading Saudi staffing company SMASCO sets final IPO priceThe growth of IPOs in the region comes as part of broad plans to deepen capital markets, grow the pr…