Category: News Type

Honda’s Dixon, Herta Finish 1-2 in Toronto

Starting together on the front row, pole qualifier Herta and Dixon led the 26-car field from the green in the return of INDYCAR competition to Exhibition Place in Toronto for the first time in three years, with Herta at the point of those on the primary race strategy, which include the majority of the field. … Continue reading Honda’s Dixon, Herta Finish 1-2 in Toronto

Hong Kong’s AMTD Digital doubles on NYSE debut after raising $125m in IPOAMTD Digital is the second unicorn under AMTD Group to list on NYSE after AMT…

Hong Kong-based digital solutions provider AMTD Digital raised $124.8 million from its public debut on NYSE, commanding a market cap of $1.44 billion. The company said it offered 16 million American depositary shares (ADSs), which were priced at $7.8 apiece, above the midpoint of the previously disclosed price range. Every five ADSs represent two Class… Continue reading Hong Kong’s AMTD Digital doubles on NYSE debut after raising $125m in IPOAMTD Digital is the second unicorn under AMTD Group to list on NYSE after AMT…

[Update] China’s 01VC hits first close of USD Fund III at over $60m, targets $100m hard capThe Lalamove-backer is targeting a final close in the first…

Chinese venture capital firm 01VC has hit the first close of its third US dollar fund at over $60 million as it seeks to double down on investments in its focused areas like enterprise SaaS. The VC, which is targeting a hard cap of $100 million for the vehicle, is looking to achieve final close… Continue reading [Update] China’s 01VC hits first close of USD Fund III at over $60m, targets $100m hard capThe Lalamove-backer is targeting a final close in the first…

Australia’s Investible plans $200m growth fund, hits first close of climate tech vehicle

Australian early-stage investor Investible is planning to launch a $200-million, growth-stage fund later this year to back winners in its portfolio and to capture opportunities in the Series A-C stages, a top executive told DealStreetAsia. “We are in the process of developing our next fund, which will be a Global Opportunities Fund. The fund will… Continue reading Australia’s Investible plans $200m growth fund, hits first close of climate tech vehicle

Japan’s solar businesses eye SE Asian rooftops seeing demand for green energy

Japanese companies aim to install solar panels on rooftops in Southeast Asia, anticipating demand for stable green energy sources in a region that has long relied heavily on fossil fuels. Tokyo Electric Power Co. Holdings will set up solar panels generating about 3,800 kilowatts at an industrial park of a Thai company that makes hard-disk… Continue reading Japan’s solar businesses eye SE Asian rooftops seeing demand for green energy

India: Investors flock to launch debut vehicles amid funding slowdown

Even as the startup ecosystem in India is currently staring at a funding winter, as many as 14 investors have launched their maiden funds in the country, signaling their belief in the long-term growth story. According to data available with research firm Venture Intelligence, private equity (PE) and venture capital (VC) firms amassed a whopping… Continue reading India: Investors flock to launch debut vehicles amid funding slowdown

Thailand’s True Digital buys majority stake in Cambodian startup Khmerhome

Thai tech firm True Digital Group has invested $3 million in Cambodian real estate marketplace startup Khmerhome to become its majority stakeholder, according to regulatory filings. Khmerhome’s recent filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA), accessed by DealStreetAsia – DATA VANTAGE, showed that the investment was part of its Series B funding round.… Continue reading Thailand’s True Digital buys majority stake in Cambodian startup Khmerhome

@Nissan: 2022/07/17 Nissan e.dams adds to points tally in New York City E-Prix Nissan e.dams…000800

2022/07/17 NEW YORK – Nissan e.dams added to its points tally thanks to Sébastien Buemi’s fifth place finish in Round 11 of the 2021/22 ABB FIA Formula E World Championship, having run in the podium positions earlier in the race. The Swiss driver made it through to the qualifying duels at the Brooklyn Street Circuit… Continue reading @Nissan: 2022/07/17 Nissan e.dams adds to points tally in New York City E-Prix Nissan e.dams…000800

@Nissan: Nissan e.dams adds to points tally in New York City E-Prix000800

July 18, 2022 NEW YORK – Nissan e.dams added to its points tally thanks to Sébastien Buemi’s fifth place finish in Round 11 of the 2021/22 ABB FIA Formula E World Championship, having run in the podium positions earlier in the race. The Swiss driver made it through to the qualifying duels at the Brooklyn… Continue reading @Nissan: Nissan e.dams adds to points tally in New York City E-Prix000800