TNB Ventures

Singapore: TNB Aura Fund 1 reaches first close, targets hard cap of $22.5m


The Southeast Asia-focused fund was launched in 2016 by TNB Ventures and Australia’s Aura Group with a target of about $50 million. 

Exclusive: SG-based job matching portal GrabJobs to raise $3.75m Series A by mid-2018

GrabJobs plans to use the funds to double its team size in existing markets and fuel expansion to other Southeast Asian countries.

SG Digest: BRC Asia placement; CDW Holdings deal; ST Aerospace capital infusion

BRC Asia raises funds in a placement, CDW Holdings acquires GSP Enterprise and ST Aerospace infuses capital into a subsidiary. 

Singapore VC Sirius, Dutch SLJ inject $600K funding in Israel’s Hargol FoodTech

Hargol FoodTech is an Israeli startup that pioneered sustainable grasshopper farming to yield consumable protein. It plans to use the latest funding to increase production capacity to solidify its position as a global provider of alternative protein.

SGX IPO pipeline set for strong 2018 despite lacklustre equities & delistings

The SGX is forecast to see a strong IPO pipeline for 2018 despite the current delistings downcycle and lacklustre equities business.

People: GrabPay, Franklin Templeton make appointments

Grab has chosen a former Visa country manager for Singapore and Brunei to head GrabPay in SG, PH and MY.

Singapore: Mapletree Logistics Trust takes over HK realty asset in $78m deal

The logistics asset has been in MLT’s portfolio since 2006 and maintains a record of strong operating performance

Zurich Life sells SG business to new insurer Singapore Life

Zurich Life Singapore is selling its business portfolio, totaling approximately S$6 billion of coverage, in the city-state to newly authorized life insurance company Singapore Life.

Right talent, leadership hardest commodity for Asia PE, VC investors: Panel

Investors believe finding good team and leadership is difficult than finding funds

Emerging markets guru Mark Mobius to retire from Franklin Templeton

Mobius became one of the most recognized authorities on money-making opportunities in Africa, Asia, Eastern Europe and Latin America.