Deals
The deal may value the startup at about $6b, The Information reported.
1
KKR, IMM to invest $2.1b in SK Telecom’s AI data centre platform
2
Shein's Hong Kong IPO pricing values it at $26.5b
3
Aura Group launches private equity, credit evergreen fund
4
Singapore opposition lawmaker opposes use of Temasek funds to shore up Air India
5
India Digest: InspeCity, InstaAstro, TrucksUp raise funding
More Stories
GIC said to have held talks to buy EQT’s stake in Singapore healthcare firm
Global peers, PE firms eye CVC’s stake in Samator Indo Gas
SG Digest: 1982 Ventures backs US AI startup; fileAI bags funding
Temasek Trust’s C3H backs UK-based Certain Energy’s $13.6m round
Skyroot backer Aum Ventures taps Indian LPs for second fund
Venture Capital
fileAI said it will use the capital to expand in Japan.
C3H provides capital to early-stage firms in climate, health, and their intersection.
People
Arndt is the longest-serving CEO of Future Fund.
Secondaries
The secondaries market in India and Southeast Asia is, however, growing well.
Koch Disruptive Technologies also co-led the round.
The financing for Shape Memory Medical also includes new investor Taiwania Capital.
Tokio Marine reviewed several takeover targets over the past months.
Asia-based teams of MSIM, Adams Street and Schroders also joined.
Analysis
The downsizing will affect 27 partners and around 360 employees.
