Private Equity
That brings Bain Capital’s total investment in the firm to $250 million.
Deals Digest: Australia's Leonardo.Ai raises $31m; Japan's Gatcha Monsters bags $3m
Tencent makes ambitious foray into console games with 'Last Sentinel'
Warburg Pincus president appointed chairman of US-ASEAN Business Council
Nvidia said to be in talks with Malaysia's YTL on data centre deal
Crypto exchange Binance withdraws application for Abu Dhabi licence
More Stories
Doctor Anywhere raises $41m in Series C1 extension round
Warburg Pincus-backed Oona to buy out Philippines insurance JV partner
Bain Capital to up its investment in Vietnam’s Masan Group by $50m
India: BPEA EQT-backed Indira IVF in talks to buy Sabine Hospital & Research Centre
HK travel tech unicorn Klook snaps $210m after hitting profitability for the first time
Venture Capital
Qarbotech’s round included innovation grants from Temasek Foundation and Khazanah’s Dana Impak.
Deals
The loan will be used by VinFast to establish lithium-ion battery manufacturing facilities in Vietnam.
Analysis
The past week saw several fundraisings and deals in the climate sector.
Aquatech platform Tepbac issued shares to investors, including Aqua-Spark and AgFunder.
The VC firm also announced a co-investment partnership with Tekton Ventures.
The startup raised $3.7m from local and international investors last year.
The new fund will continue its predecessor thesis of backing local mid-sized firms in consumer sectors.
The healthtech sector has defied the wider dealmaking slowdown in the first nine months of 2023.
The Baemin app will be taken down from Dec 8, 2023, according to an email to employees.
