Deals
QIA’s $1b Fund of Funds fuels UTOPIA’s support for startups in SE Asia and Middle East.
1
Malaysia's Segi Fresh invests in Aussie agritech VC Mandalay's debut fund
2
Unicorn Ventures leads $5m funding in Probus Smart Things and India deals worth $116m
3
Singulr AI bags $10m funding led by Nexus Venture Partners, Dell Technologies Capital
4
Hong Kong market regulator calls for more harmonisation of crypto rules
5
UTOPIA secures QIA funding to back startups in SE Asia, Middle East
More Stories
GCash’s record IPO could reshape startup exits in Philippines
Vietnamese F&B group Golden Gate said to have bought The Coffee House
Singapore announces $745m private credit fund, global founder incentives
Navis Capital’s maiden credit fund to prioritise climate financing
NIIF seeking to raise $2b for India’s largest private credit fund
Analysis
Grok-3 debut comes at a critical moment in the AI arms race.
IPOs & Markets
The listing of Asyad Shipping is part of Oman’s privatisation drive to attract foreign investors.
HSBC has been scaling back its worldwide operations.
Global Blue investors – Ant and Tencent – will remain shareholders in the combined business.
The Sydney-headquartered firm will issue 119.42 million shares at A$33.5 each.
Private Equity
KKR has returned with an enhanced all-cash proposal exceeding A$8 per share.
ChatGPT maker said the startup is not for sale and that any future bid would be disingenuous.
It plans to roll out a similar fund for private wealth investors later this year.
The AI chip giant reported a position of 1.7m shares in China’s self-driving startup WeRide.