Japanese robotics firm Cyberdyne sets up $82m healthcare, AI fund


The CEJ Fund has initially raised $81.8m and plans to invest in medical and healthcare, robotics, and AI.

UAE court dismisses criminal case against Abraaj founder

The dismissal of the case provides breathing room for Naqvi as Dubai-based Abraaj tries to sell its investment management business.

Asian startups account for top five global VC funding deals in Q2

Asia added 9 new unicorns during the quarter, in contrast to 4 and 6 in Europe & North America respectively.

Sovereign investors face tougher dealmaking environment amid growing protectionism

Rising protectionism threatens to curb inward investment and stunt trade, suggesting private market activity may have plateaued.

Abraaj founder reaches initial deal on $300m loan

The buyout firm, which is undergoing a court-supervised restructuring, has been seeking to sell its fund unit and also the stakes it owns in the funds.

Uber rival Gett said to mull sale of ride-share startup Juno

The Israeli tech company may sell Juno, the New York-based startup it bought in April 2017. Juno represents the bulk of Gett’s U.S. operations.

Abraaj posts $188m loss after using investor funds

Abraaj Holdings had an “unusual” business model reliant on short-term borrowing, and key financial statements are missing or nonexistent, according to PricewaterhouseCoopers.

Capio rejects $771m takeover bid from Australia’s Ramsay french unit

Capio rejected the bid saying the offer undervalued its business.

SoftBank launching BLUU app for finding parking spaces in Japan

SoftBank, which has invested in ride-sharing services including Uber Technologies Inc., said it’s aiming to change how people park, using data compiled through BLUU.

SoftBank Ventures Korea invests $5m Series A in US data analytics firm ZEPL

The firm will use the proceeds to scale its operations across U.S. and Asia.