Chalida Ekvitthayavechnukul

Correspondent, Thailand

AsiaDomes raises $258k via Sinwattana ECF platform to set up glamping resort in Thailand

AsiaDomes will use the funding to develop its first glamping resort in Krabi province in the south of Thailand.

China’s WuXi AppTec co-leads $85m round for Bill Gates-backed Schrödinger

The round was joined by life science and tech investors Deerfield Management, Baron, Qiming Venture Partners and GV (formerly known as Google Ventures).

Chinese diabetes device platform completes $100m Series C round

The latest series C2 round was led by CICC Capital and CLP Group’s health fund and joined by Samsung Venture Investment, Tasly and Ping An Insurance.

Manila-based work space startup FlySpaces acquires HK rival Quikspaces

This is FlySpaces’ second acquisition after it bought Malaysian work space platform 8Spaces in 2016.

Thai digest: Egco to exit Indonesian mine; Osotspa picks 20% stake in UK beverage firm

Egco acquired a 40 per cent stake in PT Manambang Muara Enim, an operator of the open-pit mine in south Sumatra, in 2012.

China’s Mingsheng, CICC Capital to set up $1.5b M&A educational fund

The announcement of the new education fund comes amid China’s tightening controls over M&A deals involving private schools. 

Singapore-based GrabJobs raises $681k more in seed round, defers Series A

The startup claims the additional pre-Series A sum raised would enable it to become cash flow positive by April 2019.

Thailand’s Indorama Ventures to acquire PET plants in US, Germany

Both acquisitions will foster IVL’s business and help expand its footprint in the recycled PET material markets globally.

Legal firm Clifford Chance launches its first innovation lab in SG

The legal technology-focused innovation lab seeks to identify, incubate, test and pilot new solutions for the industry. 

Thai comparison site acquires ticketing platform One Place

The deal will allow, a comparison site for financial products, to diversify into online event ticketing.