SE Asian VCs close fewer funds in H1 as investors slam on the brakesH1 2024 saw a decline in both the number of fund closes and the total capital rais…

Fundraising headwinds caught up with Southeast Asian venture capital (VC) firms in the first half of this year, resulting in a decline in both the number of fund closes and the total capital raised, finds the latest report from DealStreetAsia – DATA VANTAGE. Five venture funds reached a final close in the first semester of… Continue reading SE Asian VCs close fewer funds in H1 as investors slam on the brakesH1 2024 saw a decline in both the number of fund closes and the total capital rais…

India: Ankur Capital receives commitments from BII, MacArthur for its $150m third fundDFC and Self-Reliant India Fund had committed to the fund earlie…

Early-stage investor Ankur Capital, which focuses on businesses that use technology, has received commitments from two of its existing limited partners for its third fund that is targeting a corpus of $150 million (Rs 1,200 crore), per an announcement on Tuesday. British International Investment and the John D. and Catherine T. MacArthur Foundation have made… Continue reading India: Ankur Capital receives commitments from BII, MacArthur for its $150m third fundDFC and Self-Reliant India Fund had committed to the fund earlie…

Deals Digest: SG agrifood startup DiMuto raises $5.9m; S Korea’s Bering Lab bags $2.3mDiMuto’s Series A round was led by agirtech-focused investor The…

DiMuto, an agrifood startup based in Singapore, secured $5.9 million in its Series A funding round while South Korean legal AI translation company Bering Lab raised $2.3 million in fresh funding. SG agrifood startup DiMuto raises $5.9m Singapore-based agrifood startup DiMuto has announced raising a total of $5.9 million in its Series A funding round… Continue reading Deals Digest: SG agrifood startup DiMuto raises $5.9m; S Korea’s Bering Lab bags $2.3mDiMuto’s Series A round was led by agirtech-focused investor The…

India’s Continuum Green Energy raises $150 from Al Gore-backed Just ClimateJust Climate will invest from its $1.5b Climate Asset Fund I.

Indian renewable energy firm Continuum Green Energy has secured a $150-million equity investment from Just Climate, a specialist investment firm established by former US Vice President Al Gore’s Generate Investment Management. The clean energy company said the new equity investment will support Continuum’s continued deployment of wind-solar-hybrid energy generation and storage projects across India. Continuum,… Continue reading India’s Continuum Green Energy raises $150 from Al Gore-backed Just ClimateJust Climate will invest from its $1.5b Climate Asset Fund I.

Tokyo Metro heads for October IPO, governments seek $4.7b valuationWith half the company to be sold, the IPO could raise 350 billion yen at that valua…

Japan’s national and Tokyo governments are seeking a 700 billion yen ($4.7 billion) valuation for Tokyo Metro as they prepare to list the subway operator as early as October-end, three sources said, in what would be the nation’s biggest IPO in roughly six years. The two governments, which own 100% of Tokyo Metro, plan to arrange a meeting of brokerages within a… Continue reading Tokyo Metro heads for October IPO, governments seek $4.7b valuationWith half the company to be sold, the IPO could raise 350 billion yen at that valua…