CICC Capital has led a Series C funding round in Corealot Technology, while Shunwei Capital re-ups in Spirit AI’s angel round. CICC Capital leads Corealot’s $41.8m funding round Chinese chipmaker Corealot Technology has bagged 300 million yuan ($41.8 million) in a Series C funding round led by CICC Capital. The round saw the participation of… Continue reading China Digest: Chipmaker Corealot, Embodied AI firm Spirit AI raise fundsSpirit AI’s seed and angel rounds were completed six months after its inceptio…
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India Digest: 35North Ventures raises $12m for VC fund; Zepto to close $340m funding35North Ventures is fundraising for its India Discovery Fund II.
Early-stage venture capital firm 35North Ventures has raised Rs 100 crore ($11.9 million) for its Rs 500 crore India Discovery Fund II. Separately, quick commerce firm Zepto has reached a deal to raise $340 million, at a $5 billion valuation, MoneyControl reported on Wednesday. 35North Ventures raises $12m for India Discovery Fund II Early-stage venture… Continue reading India Digest: 35North Ventures raises $12m for VC fund; Zepto to close $340m funding35North Ventures is fundraising for its India Discovery Fund II.
Singapore robo advisor Syfe raises $27m in fresh fundingThe latest funding round brings the total funds raised by the company to date to $79 million.
Syfe, a robo adviser and investment platform operator based in Singapore, has announced raising $27 million, from new and existing venture capital investors. The latest funding round brings the total funds raised by the company to date to $79 million. Syfe raised $30 million in its Series B round in 2021. According to the announcement,… Continue reading Singapore robo advisor Syfe raises $27m in fresh fundingThe latest funding round brings the total funds raised by the company to date to $79 million.
Decarbonization Partners leads $31m Series B funding in US AI platform GuidewheelDecarbonization Partners is a joint venture between Temasek and Black…
Guidewheel, a US-based AI platform for factories, has announced raising $31 million in its Series B funding round led by Decarbonization Partners, a partnership between asset manager BlackRock and Singapore state investor Temasek. The company, whose platform provides AI-powered FactoryOps to enable factories to reach sustainable peak performance, said the round was also participated by… Continue reading Decarbonization Partners leads $31m Series B funding in US AI platform GuidewheelDecarbonization Partners is a joint venture between Temasek and Black…
Indian e-scooter maker Ather Energy rides into unicorn club ahead of planned IPOAther Energy has raised $71m from NIIF at a valuation of $1.3b.
Indian electric two-wheeler manufacturer Ather Energy has raised $71 million from government-backed National Investment and Infrastructure Fund Limited (NIIF), at a valuation of $1.3 billion, a source familiar with the matter told DealStreetAsia. The Economic Times first reported about Ather’s funding. The company declined to comment. Ather Energy, which counts Tiger Global, Caladium Investments, and… Continue reading Indian e-scooter maker Ather Energy rides into unicorn club ahead of planned IPOAther Energy has raised $71m from NIIF at a valuation of $1.3b.
Japanese VC Incubate Asia closes third India fund below targetIncubate has invested in nearly 30 Indian companies, including Captain Fresh and Plum.
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Morgan Stanley invests in SKG Health and 38 other Greater China Deals worth over $545mSome of its competitors include Shenzhen Breo Technology, Ecovac…
Chinese wearable massager product maker SKG Health Technologies has secured undisclosed funding in a strategic round from the private equity investment arm of Morgan Stanley in China in a strategic financing round, according to a company release on August 5. Go to Source
Indian baby products retailer FirstCry jumps in trading debutThe company is backed by SoftBank, TPG, and M&M.
Shares of Indian baby products retailer FirstCry surged 52% in its trading debut in Mumbai on Tuesday, as investors bet on the booming childcare market in the world’s most populous country. The stock listed at 651 rupees on the National Stock Exchange of India, compared with an offer price of 465 rupees. The company’s $501… Continue reading Indian baby products retailer FirstCry jumps in trading debutThe company is backed by SoftBank, TPG, and M&M.
Carlyle Group seeks extension for sixth Asia fund: ReportThe new fund’s corpus target was reportedly slashed to $6b from $8.5b.
Private equity major Carlyle has sought an extension for the closing of its latest Asia fund, Bloomberg reported on Tuesday, adding that the firm is said to have raised $3 billion so far for the vehicle launched in mid-2022. Carlyle Asia Partners VI had an original target of $8.5 billion, which was reportedly slashed to… Continue reading Carlyle Group seeks extension for sixth Asia fund: ReportThe new fund’s corpus target was reportedly slashed to $6b from $8.5b.
SG’s Antler hits final close of second SE Asia fund at $72mAntler SEA Fund II will continue to invest in early-stage tech-enabled companies in the reg…
Global venture capital (VC) firm Antler, known to incubate nascent startups from day zero, announced that it has made the final close of its second Southeast Asia fund at $72 million. The new fund, Antler SEA Fund II, will continue to invest in early-stage tech-enabled companies in the region with pre-launch, pre-seed, and seed capital,… Continue reading SG’s Antler hits final close of second SE Asia fund at $72mAntler SEA Fund II will continue to invest in early-stage tech-enabled companies in the reg…