Japanese VC firm Globis makes first close of latest fund at $321m


The fund plans to make investments primarily in the digital sector and tap opportunities in new technologies such as AI, IoT and blockchain.

Family tracking app Life360 launches $104m Australia IPO

The deal will value the company at about A$689 million, Life360 said.

Zoom Video raises $751m in IPO, valuation tops $9b

Zoom is one of the few tech unicorns set to go public this year that has made a profit.

Pinterest IPO raises $1.4b as it shuns social media, search engine tag

The IPO values Pinterest at about $12.7 billion. Pinterest’s last valuation, from a private funding round in 2017, was $12.3 billion.

Why private equity giant KKR finds Japan more attractive than China

Japan’s dying conglomerates offer rich pickings. They house a slew of underloved or non-core assets. There’s a real chance to create global leaders from these assets.

Australian VC Square Peg Capital leads $27m Series B in healthcare startup Aidoc

The latest Series B round brings Aidoc’s total funding to $40 million.

Uber said to near funding deal for self-driving car unit

SoftBank, Toyota Motor Corp and Japan-based auto-parts supplier Denso Corp are expected to invest a total of $1 billion as part of the deal.

Dutch chipmaker NXP makes strategic investment in China’s Hawkeye

The partnership will enable NXP and Hawkeye to work together to create reference designs to expand their operations in the Chinese market.

People Digest: BTIG, Macquarie Capital rope in MDs to augment M&A team

Based in San Francisco, BTIG’s Shingo Yatsui will help Asian clients identify transactions and spot valuable opportunities in the US and European market.

Thai energy giant Bangchak invests in California’s EV battery firm

The company had earlier indicated that it would allocate a budget of over 300 million baht ($9.5 million) to invest in startups globally.