Fubon Life Insurance, the insurance unit of Taiwanese financial conglomerate Fubon Financial Holdings, is investing an aggregate of $129 million in two private equity funds, its disclosures show. Fubon Financial told the Taiwan Stock Exchange that its insurance unit is investing $60 million in healthcare-focused fund Vivo Capital Fund X and another €65 million ($69… Continue reading Taiwanese insurer Fubon Life commits $129m to two PE fundsIt is investing in Vivo Capital Fund X and EQT X EUR SCSp.
Category: Tech News
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The LP View: EMIIF expects gender, climate investing to emerge as big trends
Emerging markets are poised to see gender and climate-based investing as bigger trends that can generate both impact and growth, according to a top executive who manages the Emerging Markets Impact Investment Fund (EMIIF), an investment initiative by the Government of Australia. EMIIF, an impact investing initiative, targets countries in South and Southeast Asia and… Continue reading The LP View: EMIIF expects gender, climate investing to emerge as big trends
Funding woes to continue in H1 2023, but LPs still bullish on SE Asia
2022 was a tough year for tech entrepreneurs and venture capitalists alike, as fundraising became difficult amid rising inflation, macroeconomic challenges, and geopolitical uncertainties. With fears of a global recession looming large, 2023 is not going to be a smooth ride either, general partners at some prominent Southeast Asian VC firms told DealStreetAsia. According to… Continue reading Funding woes to continue in H1 2023, but LPs still bullish on SE Asia
Brookfield ploughs $25m into enterprise SaaS startup SirionLabsThe latest funding brings SirionLabs’s Series D total to $110 million.
SirionLabs, a company that provides software applications for enterprise contract management, has raised $25 million in fresh funding from Brookfield Asset Management, according to regulatory filings. The investment, which came through at the end of December, valued SirionLabs shares at the same price as its Series D round, show the SaaS company’s filings with Singapore’s… Continue reading Brookfield ploughs $25m into enterprise SaaS startup SirionLabsThe latest funding brings SirionLabs’s Series D total to $110 million.
Zomato’s CTO steps down after 10 years, latest in a series of high-profile exits
India’s Zomato on Monday said its chief technology officer and co-founder Gunjan Patidar has stepped down after 10 years of serving at the food delivery platform. “Gunjan Patidar was one of the first few employees of Zomato and built the core tech systems for the company. Over the last 10-plus years, he also nurtured a… Continue reading Zomato’s CTO steps down after 10 years, latest in a series of high-profile exits
Tesla delivers 405,278 vehicles in Q4, missing Wall Street expectations
Tesla reported Monday 405,278 vehicles delivered in the fourth quarter of 2022. While the automaker hit a record number of deliveries, it came in shy of Wall Streets expectations of around 420,000 to 425,000 units delivered. The electric vehicle company also reported total production of 439,701 vehicles in the fourth quarter. This brings Tesla’s total… Continue reading Tesla delivers 405,278 vehicles in Q4, missing Wall Street expectations
Tesla Semi battery pack design leaks
The design of the Tesla Semi battery pack has leaked, and it reveals how Tesla fits a massive ~900 kWh pack in the truck. Tesla unveiled the production version of its Tesla Semi class 8 electric truck and delivered the first units last month. At an event, Tesla described an electric truck that could truly disrupt… Continue reading Tesla Semi battery pack design leaks
Tesla announces a new ‘Investor Day’, will discuss new vehicle platform
Tesla announced today that it will hold a new ‘Investor Day’ on March 1, 2023 where it will discuss a new vehicle platform. Over the last few years, Tesla has started to hold regular events like ‘Battery Day‘ and ‘AI Day’ to give updates on some of its most important programs and recruit talent to… Continue reading Tesla announces a new ‘Investor Day’, will discuss new vehicle platform
Tesla announces record 405,000 vehicles delivered in Q4 2022
Tesla announced that it delivered over 405,000 vehicles in Q4 2022. That sets a new record and means over 1.3 million EVs were delivered in 2022. With the production ramp at Gigafactory Texas and Berlin, as well as continued improvements at Fremont Factory and Gigafactory Shanghai. It was undeniable that Tesla was going to have… Continue reading Tesla announces record 405,000 vehicles delivered in Q4 2022
Tesla falls short of its goal of growing 50 percent in 2022
/ As calls for Elon Musk to appoint a new CEO of Twitter increase, the EV company that made him temporarily the wealthiest man in the world reported a healthy quarter for deliveries — but not enough to meet the goal of a 50 percent year-over-year increase. Illustration by Alex Castro / The Verge Tesla delivered… Continue reading Tesla falls short of its goal of growing 50 percent in 2022