Greater China
Multiple state investors backed the Hangzhou-based startup.
1
Vietnam AI startup NamiTech raises $4m funding round
2
China's Ningbo Ronbay under probe after announcing $17b CATL deal
3
Sequoia to join GIC, Coatue in Anthropic's targeted $25b fundraise
4
Blackstone raises over $10.2b for Asia buyout fund so far
5
Musk demands $134b from OpenAI, Microsoft for 'early support'
More Stories
Sea Ltd infuses $58m in MariBank, lifting paid-up capital to $639m
Indonesian D2C eyewear brand SATURDAYS raises $6.3m in fresh funding
Asia Digest: AnyMind buys Japan’s Bcode; GIC forms JV with Realty Income
Khazanah launches second call for new GPs, with more flexibility
Affirma Capital makes first close of climate transition fund
Indonesia
It secured investments from Altara Ventures and Openspace Ventures.
Malaysia
GPs funded in the first EMP cohort were Vynn Capital, Kairous Capital, and First Move.
The deal marked a rare exit in Indonesia’s restaurant software and SaaS segment.
Rest of Asia
Company, which provides trading infrastructure, has raised $150m for expansion, M&A.
The Dec score was likely cyclical, as investors wrapped up deals ahead of a new year.
India
The fresh capital will be used to fuel Sukino’s geographical expansion.
The fund aims to raise around $126m in total.
The Series A round was jointly led by CICC Capital and three government-owned investment firms in Shanghai.
Its investor base includes leading US university endowments and health systems.
