State-owned BPJS Ketenagakerjaan, one of Indonesia’s largest institutional investors, is keen to invest in firms that provide infrastructure for the artificial intelligence industry if it gets government approval to invest overseas, a director told Reuters. The fund is awaiting regulatory approval to invest abroad as it seeks to expand beyond limited domestic opportunities, Edwin Ridwan,… Continue reading Indonesian state fund keen on AI infra abroad pending government nodThe fund is seeking approval to invest up to 5% of its total portfolio overseas.
Author: Deal Street Asia Online News
Geely Capital leads $141m round in humanoid robotics startup Robot EraThe deal also drew participation from BAIC Capital, and two state-backed funds.
Register Now to Unlock Premium Content Join top professionals who trust DealStreetAsia for their market insights. Get 2 free articles and 1 premium article each month Receive curated newsletters straight to your inbox Be the first to hear about upcoming events and summits Register Now Register now – it only takes a minute! Log in… Continue reading Geely Capital leads $141m round in humanoid robotics startup Robot EraThe deal also drew participation from BAIC Capital, and two state-backed funds.
Malaysian POS firm FeedMe secures $5m to support expansion, product build-outThe round was led by early-stage investor Integra Partners.
Malaysian restaurant software platform FeedMe has secured $5 million in fresh funding led by early-stage investor Integra Partners, with participation from Cento Ventures. The firm said the latest capital infusion will support its entry into Thailand, expand its engineering team to deepen its AI capabilities, and roll out financial services to improve merchants’ access to… Continue reading Malaysian POS firm FeedMe secures $5m to support expansion, product build-outThe round was led by early-stage investor Integra Partners.
Vietnamese VC ThinkZone invests in Sunny Days PianoThis deal marks the first investment from ThinkZone’s latest fund.
Register Now to Unlock Premium Content Join top professionals who trust DealStreetAsia for their market insights. Get 2 free articles and 1 premium article each month Receive curated newsletters straight to your inbox Be the first to hear about upcoming events and summits Register Now Register now – it only takes a minute! Log in… Continue reading Vietnamese VC ThinkZone invests in Sunny Days PianoThis deal marks the first investment from ThinkZone’s latest fund.
Google said to be investing $1b in OpenAI rival AnthropicAnthropic is reportedly nearing a $2b fundraising in a round led by Lightspeed Venture Partne…
Google is making a fresh investment of more than $1 billion into AI startup Anthropic, the Financial Times reported on Wednesday. This comes after Reuters and other media reported earlier in January that Anthropic was nearing a $2 billion fundraise in a round, led by Lightspeed Venture Partners, valuing the firm at about $60 billion.… Continue reading Google said to be investing $1b in OpenAI rival AnthropicAnthropic is reportedly nearing a $2b fundraising in a round led by Lightspeed Venture Partne…
Chinese silicon carbide device maker Inventchip bags over $137m in Series C roundThe National Manufacturing Transformation and Upgrading Fund led the …
Inventchip Technology, which provides silicon carbide (SiC) power devices and integrated circuit solutions, has pocketed 1 billion yuan ($137.5 million) in the first tranche of its Series C round, according to a company release on Tuesday. The National Manufacturing Transformation and Upgrading Fund, a state-owned fund launched in November 2019 to invest primarily in growth–… Continue reading Chinese silicon carbide device maker Inventchip bags over $137m in Series C roundThe National Manufacturing Transformation and Upgrading Fund led the …
China’s Ascentage Pharma targets $1.8b valuation in US IPOAscentage, backed by Japan’s Takeda, is looking to raise $149m.
Ascentage Pharma said on Tuesday it was targeting a valuation of $1.75 billion in its initial public offering, becoming the first sizeable Chinese firm to pursue a listing in the US this year. IPOs of Chinese companies in the United States have picked up modestly in recent months following a long hiatus after ride-hailing giant… Continue reading China’s Ascentage Pharma targets $1.8b valuation in US IPOAscentage, backed by Japan’s Takeda, is looking to raise $149m.
India retains fourth spot in global tech startup funding, closes in on ChinaIndian tech startups raised $11.3b from PE and VC firms.
India retained its position as the fourth most funded country in the global tech startup ecosystem in 2024, marginally behind China, attracting $11.3 billion in investments from private equity (PE) and venture capital (VC) firms, according to Tracxn data. Go to Source
Consumption tech offers hope amid challenges in startup fundingFocusing on delivering tangible value through innovative solutions can help drive growt…
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Vietnam’s SSIAM launches $200m blockchain-focused investment platformThe firm plans to ramp up investments to $500m by roping in external investors.
SSI Asset Management (SSIAM), a subsidiary of the Vietnamese securities firm SSI, has set up a $200-million investment platform for innovative businesses in the digital technology and blockchain sectors, as Vietnam quickly becomes a hotspot for blockchain innovation. Go to Source