Deals
Investors in ether and its troubled twin stETH are anticipating a crypto milestone: The merge.
Geely-backed energy storage firm Corun to invest $168m in Chinese new materials business
FAZZ Financial Group raises $60m in Series C funding so far from Tiger Global, Insignia and others
Indian mortgage lender Shubham raises $112m led by UK's BII, LeapFrog, others
SGX-listed Olam's agriculture unit secures $745m loan from UAE banks
India's Arzooo raises $70m from SBI Investment Japan, Doordash founder Tony Xu, others
More Stories
[Updated] Bangladesh B2B startup ShopUp nets $65m in Series B4 funding
SG’s Panthera Growth Partners secures first close of $250m Fund 2
Ascend Vietnam Ventures closes debut fund at over $50m
Vietnam’s Loship said to seek debt financing amid harsh equity funding climate
Betting big on SEA, Belgium’s AvH opens first international office in Singapore
The US pension fund committed $350m to B Capital and $55m to S Capital’s funds.
IPOs & Markets
Prosus holds a 28.9% stake in Tencent worth more than $100 billion.
Private Equity
The transaction is expected to close in H2 2022
The move will see the Brussels-listed group deepen its network in emerging Asia.
The value of announced deals dropped 25.5% year-on-year to $1 trillion, according to Dealogic data.
Fuel, aerospace, agriculture, nuclear and gold make up FAANG 2.0.
Thefts have long plagued companies in the crypto sector, with blockchain bridges increasingly targeted.
Analysis
With the stock market facing persistent turmoil, boardrooms are wary of making expensive bets.
The deal involves the creation of a continuation fund that will be anchored by Hamilton Lane.
