US pension commits $125m to Bain Capital’s second Asia special situations fund

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to… Continue reading US pension commits $125m to Bain Capital’s second Asia special situations fund

Chinese self-driving startup Haomo.AI entres unicorn club after $157m Series A round …

Beijing-based autonomous driving startup Haomo.AI has raised nearly 1 billion yuan ($156.9 million) in a Series A round of financing to reach a unicorn status with a valuation of over $1 billion, the startup announced on Wednesday. Hillhouse Capital’s early-stage investment unit GL Ventures, food delivery giant Meituan, Qualcomm’s venture capital (VC) arm Qualcomm Ventures,… Continue reading Chinese self-driving startup Haomo.AI entres unicorn club after $157m Series A round …

VN Digest: VinaCapital Ventures backs Hub Global; Solscan raises $4m

In separate blockchain-related developments from Vietnam, VinaCapital Ventures has backed Hub Global while data analytics firm Solscan has closed its seed round. VinaCapital Ventures backs blockchain accelerator Hub Global Vietnam-based venture capital firm VinaCapital Ventures has invested an undisclosed amount in Hub Global JSC, a platform to support local blockchain startups. VinaCapital Ventures said it… Continue reading VN Digest: VinaCapital Ventures backs Hub Global; Solscan raises $4m

Warburg Pincus closes inaugural Asia real estate fund at $2.8b

US private equity powerhouse Warburg Pincus has closed its inaugural Asia-focused real estate fund at $2.8 billion, the firm said on Wednesday. The Warburg Pincus Asia Real Estate Fund is the second-largest fund dedicated to the sector in Asia, according to data provider Preqin. Blackstone Group raised $7.1 billion in the region’s largest real estate… Continue reading Warburg Pincus closes inaugural Asia real estate fund at $2.8b

SDAX Financial raises $24m from PSA, Straits Trading, New Horizon Global

Singapore-based crowdfunding platform SDAX Financial, formerly known as Minterest, has raised $24 million in the first tranche of its Series B round led by Singapore port and cargo service provider PSA International, The Straits Trading Company, and New Horizon Global, the company said in a statement.  In May this year, digital assets exchange SDAX and… Continue reading SDAX Financial raises $24m from PSA, Straits Trading, New Horizon Global