Mitsubishi UFJ Financial provided $200m for Akulaku while various Chinese corporates participated in Freetech’s $100m series B round.
Category: Region
Daily Deal Round Up: December 23, 2022
Meituan led a $100m series C round for Qitan Tech while IAG Firemark Ventures led a $54m series D for TicToc.
Daily Deal Round Up: December 20, 2022
Phoenix Group helped lift Moneyhub’s latest round to $66.9m while Honda Motor and Sungwoo Hitech participated in Helm.ai’s $31m series C.
Axelar enlists investors for $60m Web3 fund
SCB10X and Chorus One are among the partners that will back Web3 startups through blockchain interactivity startup Axelar’s Ecosystem Startup Funding Program.
LVMH latest fashion brand to back climate tech startups
The $200m fund invests in early-stage startups in energy, building materials, food and manufacturing.
MDI Ventures: startup investing in Indonesia is all about being local
MDI Ventures CEO Donald Wihardja tells us why local service providers can prosper where big multinationals can’t, and why his firm is set to facilitate a new wave of corporate VC in Indonesia.
Daily Deal Round Up: December 19, 2022
Chevron Technology Ventures led a $318m series E round for Svante while Divergent Technologies and Aztec Network each raised $100m.
Innovation is our key takeaway from the recent Chinese National Congress
China needs to add more innovation and value to the goods it produces to grow its economy. The recent Chinese National Congress gave a clear indication of supporting this.
Daily Deal Round Up: December 16, 2022
Microsoft, Porsche and Molicel helped Group14 close a $614m series C round while Salesforce was among the investors in Mews’ $185m series C.
The Big Deal: Group14 crowns battery tech’s bumper year
The silicon-carbon material developer added cash from Microsoft Climate Innovation Fund and Molicel to close a $614m series C round as the industry continues to benefit from strategic investment.
Daily Deal Round Up: December 15, 2022
PragmatIC Semiconductor closed a $125m Saudi Aramco-backed series C round while Manulife provided $100m in funding for EDF spinoff PowerFlex.
Daily Deal Round Up: December 14, 2022
State Power Investment Corporation spinoff State Fuel Cell Technology Corporation raised $648m while Mercedes Benz spinoff RepairSmith is being bought for $190m.
Daily Deal Round Up: December 13, 2022
McCain Foods participated in a $150m round for GoodLeaf Farms while Shinsegae, YBM and SoftBank helped lift Mathpresso’s series C to $70m.
Emirates NBD enters the venture capital sphere
Head of strategy Neeraj Makin will oversee Dubai banking group NBD’s corporate venture fund, one of the few to be set up by a Middle Eastern bank.