Singapore
The round was anchored by Addition.
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Greater China
Fudan has also established an RMB direct investment fund.
India
The investment could peg the valuation of the startup at about $60m.
It also launched a new facility and global headquarters in Singapore.
Several shareholders have booked partial exits as part of the fundraise.
The HK state investment firm has deployed less than a fifth of its initial capital of $8b.
The firm said most of the LPs in Nexus VIII are returning investors from its earlier funds.
Philippines
The round’s backers also included Plio Limited, existing shareholder Altara Capital, and Tonik’s management.
The round was led by state-owned energy group Beijing Energy Holding.
Rest of Asia
Iterative also co-anchored the funding round.
