To date, the firm said it has raised a total of $252 million in funding.
The divestment is part of the firm's asset recycling strategy.
Policy & Regulations
Grab Philippines said that the 8,000 TNVS drivers will be deactivated by June 10.
The latest funding round brings Neobio's total funding amount to $17.4 million.
Centuria Property Funds and a BlackRock vehicle purchased the property in 2016 in $194.5-million deal.
AIIB will provide $90 million of senior loan for the $650-million hydropower project.
The fund will typically invest $1 million to $3 million in a startup.
The fund was initially targeting to raise $1.25 billion.
Fubon Life has committed $275 million so far this year to seven funds.
Navegar is seeking $150 million for the new fund.
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