Asia Pacific

Ila Dhond21/01/2023
232

PE firms from Singapore collaborate to close $700 M tech fund

Two Singapore-based private equity companies, Capital Square Partners (CSP) and Basil Technology Partners (BTS), joined together to launch and close…
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Ila Dhond20/01/2023
255

Shein plans new funding with $64 B valuation cut

Financial Times claimed, citing sources, that Shein, the fast-fashion retailer headed for an IPO, is in discussions to raise US…
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Ila Dhond20/01/2023
244

With $2.1 B, B Capital ends its third growth fund series

The Growth Fund III of the international investment firm B Capital Group was closed at over US $2.1 billion. The…
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Ila Dhond19/01/2023
227

Cyberattacks cost cryptocurrency company FTX $415 M in damages

FTX, a cryptocurrency company, said that hackers that targeted its US and worldwide exchanges, respectively, cost it US $90 million and…
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Ila Dhond18/01/2023
270

Digital AI lender PeopleFund raised $20 M from Bain Capital, others

PeopleFund, a Korean digital lender driven by AI, has raised $20 million in a round-headed by Bain Capital, with participation…
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Ila Dhond18/01/2023
272

$1.7 M Seed funding secured by Philippines’ Mayani

One of the most significant industries in the Philippines is agriculture, which also includes forestry and fisheries. It contributed $32.4…
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Ila Dhond18/01/2023
216

Third fund for Hashkey Capital closed at $500 M

HashKey Capital, an asset manager with a focus on Web3, completed its third fund for US $500 million by soliciting…
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Ila Dhond17/01/2023
254

Blockchain data analytics firm CryptoSlam and Forkast News announced merger

Hong Kong-based Forkast News and CryptoSlam, a US-based blockchain data analytics company, have merged to create Forkast Labs, a platform…
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Ila Dhond16/01/2023
313

Philippines-based cloud logistics Locad secured $11 M Series A funding

The Philippines-based cloud logistics and end-to-end fulfillment company Locad has secured US $11 million through a series of financing rounds.…
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Ila Dhond13/01/2023
195

Crypto.com reduced 20% workforce due to economic difficulties

Due to continued economic difficulties and “unforeseeable industry developments,” Singapore-based Crypto.com has decreased its overall employment by about 20%, according…
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