Policy & Regulations
Seoul is hoping that the new AI Basic Act will position the country as a leader in the field.
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Tokio Marine in talks to invest in Igloo as Japanese insurers continue to bet on Indonesia
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India's Avataar Venture eyes third fund to back growth-stage startups
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Nium trims losses a tad in 2024 despite higher processing costs
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Alibaba to plan IPO for AI chipmaking unit T-Head
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EQT expands into secondaries with Coller Capital acquisition
More Stories
Advantage Partners-backed Pharmaforte ropes in banker for potential sale
Singapore startup Level3AI bags $13m in seed round led by Lightspeed
IFC investing $34m in Malaysia’s Asia Pacific University
Grab faces profitability hit as Indonesia moves to lower commission cap
SC Capital secures $330m from CPP Investments consortium for Japan strategy
Deals
OpenCX is also preparing to expand its presence in Saudi Arabia.
Analysis
“In the short term, private credit has the highest growth potential.”
The deal follows a December funding round that valued Airwallex at $8b.
Shionogi now holds 21.7%, while GSK will retain its 78.3% stake in the HIV drugmaker.
It will take a minority stake in the Skyline JV data centre business which owns Vantage Data Centres Asia Pacific.
IPOs & Markets
Docquity raised $44m in 2022, led by Japanese trading company Itochu.
A SoftBank-linked project in data centre construction is among the selected names.
Elliott said it is now Toyota Industries’ largest minority shareholder.
People
The appointment is part of Fiera’s broader push to expand its presence in Japan.