Greater China
In 2022, Fortune Capital made over 70 investments – in 70% of that, it served as the lead investor.
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Rest of Asia
The investment is EMIA’s second from its third vehicle, the ASEAN Frontier Markets Fund (AFMF).
Venture deals by value, at $27.2 billion as of May 30, dropped to the lowest since 2020.
Singapore
Global Founders Capital, MS&AD, 468 Capital, and 1982 Ventures invested in the round.
Previously, Lynk raised $50 million in a Series B round led by Lilly Asia Ventures.
MPFunds offers prospective traders up to $400,000 in trading capital.
Indonesia
The company aims to reach mortgage transactions of $200 million within the next six to 12 months.
The VC is raising up to $700m for fourth USD fund, after closing fourth RMB fund at $437m.
Patamar Capital could become a partner in MDI’s new ESG fund to be launched this year.
India
Other Indian startups like BYJU’s, PharmEasy, Ola and Pine Labs have seen valuation resets recently.
