Media group Emtek has sold its shares in PropertyGuru roughly a year after the real estate technology provider pulled back from plans to go public.
Author: Edison Fu
Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
One Tap Buy strikes up extra cash
The stock trading platform operator previously called MyBanker has secured fresh funding from returning investors including SoftBank.
Afya takes care of iClinic purchase
SoftBank has exited the electronic health record platform through a $32.7m acquisition by medical school operator Afya.
GV ignites Burns promotion
Terri Burns, formerly a principal at the Alphabet subsidiary, has taken up a partner role having made two Gen Z-focused investments this year.
Drone Fund lands on corporates for latest vehicle
Japan Asia Group, Kobashi Industries, NTT Docomo and SoftBank are among the LPs that have backed the drone-focused investment firm’s third vehicle, which has a $95m target.
Sella Venture Partners seals first close for fund
Sella Group’s debut fund of funds has secured Aviva, HDI Assicurazioni, Banca Sella, Banca Patrimoni Sella & C, Banco BPM and Fenera Holding for its $35.3m first close.
Astroscale clears $51m series E
The satellite clearance equipment developer has closed a round backed by Hulic, I-Net and Shimizu to take its total funding to $191m.
Kakehashi takes home fresh funding
Sony Innovation Fund by IGV and Salesforce Ventures have contributed to a $17.1m round for the medical technology developer, bringing its overall funding to roughly $50m.
Powerlist Q&A – Girish Nadkarni, Total Carbon Neutrality Ventures
Q&A with Girish Nadkarni, president, TCNV
Fuso Chemical experiments with Future Food Fund
The multicorporate-backed corporate venturing vehicle for online food wholesaler Oisix Ra Daichi has secured chemicals producer Fuso as an LP.
Taiyo takes up corporate venturing
The $10m investment fund formed by the electronic components manufacturer and its Taiyo America subsidiary will target developers of technologies and products related to its core business.
Toda turns to corporate venturing
The $28.5m vehicle will mainly invest in Japan and US-based middle to later-stage developers of technologies pertinent to the construction firm’s focus areas.
Sumitomo Mitsui Trust and SBI structure fund
The $47.3m SuMi Trust Innovation Fund is expected to invest its capital over a decade and will target companies developing digitisation products.
Regional banks help launch Kyoto City fund
The $2.5m Kyoto Shinkin Bank and Kyoto Chuo Shinkin Bank-backed vehicle is run by Future Venture Capital and will back local entrepreneurs working on social and economic challenges.