Asia Pacific

Ila Dhond06/01/2023
258

First closing of Northstar Group’s early-stage fund totals $90 M

A Singapore-based venture capital firm called Northstar Group has secured US $90 million in the first close of its new…
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Ila Dhond06/01/2023
221

Insurtech firm Aigis shifts focus to project management, finance solutions

Aigis, a B2B insurtech firm with offices in Indonesia, has changed its direction to concentrate on offering project management and…
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Ila Dhond06/01/2023
235

GMO VenturePartners gained $240 M from three portfolios

According to sources, three of its portfolio businesses generated financial gains for Japan-based GMO VenturePartners of US $240 million. With…
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Ila Dhond05/01/2023
240

Darwin Ventures led $5.6 M Series A funding secured by Profet AI

A series A round-headed by Darwin Ventures garnered US $5.6 million for Profet AI, a Taiwanese manufacturing firm. Hive Ventures,…
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Ila Dhond05/01/2023
339

D2C firm Evo Commerce raised $2 M from East Ventures, GSR

Singapore-based direct-to-consumer company Evo Commerce has secured US $2 million from investors including GSR Ventures, East Ventures, and 33 Capital…
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Ila Dhond05/01/2023
238

Animoca targets Web3, metaverse to raise $1 B in first quarter of 2023

According to Bloomberg, Web3 and metaverse investments will be the primary focus of a new fund that Animoca Brands plans…
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Ila Dhond04/01/2023
240

SG based e-grocery platform UglyFood to cease operations

Singapore-based e-grocery platform UglyFood made the announcement that it is ceasing operations due to insufficient funding. The company informed consumers…
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Ila Dhond04/01/2023
233

Ant Group receives regulatory approval for $1.5 B raise

According to Bloomberg, China has given the go-ahead for Ant Group to fund US $1.5 billion for the consumer division…
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Ila Dhond04/01/2023
286

PAG secured $500 M debt funding from video streaming provider IQiyi

A subsidiary of Asia Pacific-focused alternative investment firm PAG has received US $500 million in secured convertible senior notes from…
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Ila Dhond03/01/2023
213

For making driving range boasts, Tesla fined $2.2 M in Korea

According to Reuters, Tesla is poised to get a punishment from South Korea of roughly US $2.2 million for allegedly…
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