Kuala Lumpur-based venture capital firm Vynn Capital has led an $8.75-million seed funding round for MediSun Energy, a company specialising in advanced osmotic energy technology. The funding, which consists of $5 million in venture debt and $3.75 million in equity financing, values the company at $44 million, according to a statement. Other investors who participated… Continue reading Vynn Capital leads $8.75m seed funding for MediSun EnergyThe funding values the company at $44m.
Author: Deal Street Asia Online News
Sequoia Capital marks up value of 2020 US venture fund by 24.6%Sequoia Capital US Venture VII opened in 2020 and closed at $808m.
Sequoia Capital, one of the world’s top venture capital firms, marked up the value of its 2020 Sequoia Capital US Venture VII fund by 24.6% in June, according to Pitchbook. Per PitchBook’s analysis of data from the Regents of the University of California’s endowment, the fund, opened in 2020 and closed two years later at… Continue reading Sequoia Capital marks up value of 2020 US venture fund by 24.6%Sequoia Capital US Venture VII opened in 2020 and closed at $808m.
AI platform CoreWeave targets over $35b valuation in US IPO next year: reportThe company is likely to target raising over $3b from the share sale.
Artificial intelligence cloud platform CoreWeave, is aiming for a valuation of more than $35 billion in its U.S. initial public offering that is expected to occur next year, people familiar with the matter told Reuters on Friday. Roseland, New Jersey-based CoreWeave is likely to target raising more than $3 billion from its share sale, which… Continue reading AI platform CoreWeave targets over $35b valuation in US IPO next year: reportThe company is likely to target raising over $3b from the share sale.
US pension fund IMRF commits $100m to EQT’s ninth Asia buyout vehicleThe commitment is for BPEA Private Equity Fund IX.
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US pension fund IMRF commits $100m to EQT’s ninth Asia buyout vehicleThe commitment is for BPEA Private Equity Fund IX.
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How China’s private markets are bracing for Trump 2.0Asset managers believe it is not all doom and gloom despite geopolitical risks.
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How China’s private markets are bracing for Trump 2.0Asset managers believe it is not all doom and gloom despite geopolitical risks.
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Ant Group shares surge as speculation mounts over revival of IPOAnt Group or its subsidiaries could go public in Hong Kong as soon as early 2025.
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NTPC Green’s $1.2b Indian IPO oversubscribedThe portion reserved for retail investors was oversubscribed by 3.4 times.
NTPC Green Energy, the renewable energy arm of state-owned NTPC, garnered bids worth 154.06 billion rupees ($1.83 billion) on Friday for its $1.2 billion initial public offering, as investors bet on the country’s growing clean energy needs. India has been scrambling to meet its clean energy targets and has ramped up investments in renewable energy and expanded… Continue reading NTPC Green’s $1.2b Indian IPO oversubscribedThe portion reserved for retail investors was oversubscribed by 3.4 times.
Bain Capital-backed Kioxia’s market value seen at $4.9b in Tokyo IPOBain and Toshiba will sell shares in the IPO.
Bain Capital-backed Kioxia’s market value is seen around 750 billion yen ($4.85 billion) in its initial public offering, a regulatory filing showed on Friday. The IPO will have a deal value of about 100 billion yen ($645.45 million) excluding overallotment. Bain and Toshiba will sell shares in the IPO. Separately, Kioxia will issue new shares,… Continue reading Bain Capital-backed Kioxia’s market value seen at $4.9b in Tokyo IPOBain and Toshiba will sell shares in the IPO.