Greater China
The HK state investment firm has deployed less than a fifth of its initial capital of $8b.
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India
The firm said most of the LPs in Nexus VIII are returning investors from its earlier funds.
Philippines
The round’s backers also included Plio Limited, existing shareholder Altara Capital, and Tonik’s management.
The round was led by state-owned energy group Beijing Energy Holding.
Rest of Asia
Iterative also co-anchored the funding round.
ADIA, Investment Corporation of Dubai and Fidelity, among others, backed the fund.
Partners prepare first Japanese fund with tokens to link individuals, startups.
Singapore
“Climate tech as a sector has much potential,” says Leung Puiyan, partner, Investments.
Malaysia
Fund 1 was set up in 2015 to invest in Malaysian early-stage startups.
World
The valuation is roughly 32 times this year’s expected sales of $4.1b.