D&D Pharmatech is developing therapies for Parkinsons, fibrosis and Alzheimer's diseases in the US.
Editor’s take: The week that was – August 12-16
JD.com JV in talks to raise $500m in US listing: Report
Alibaba said to acquire Kaola unit from NetEase in a $2b deal
Harvard duo founded Indonesian P2P lender Modalku rises in booming market
Amid Hong Kong protests, when will Alibaba list?
Indonesian beverage chain startup Goola raises $5m from Alpha JWC Ventures
[Corrected] Indonesia’s Bukalapak says H1 gross profit higher than previous year
SoftBank’s Son said to be keen to back Zilingo, Indonesia’s Ruangguru, Aruna
OCBC bid for Indonesia’s Permata Bank may hinge on Jakarta’s blessings
This is the second lead investment of LuneX Ventures since its appointment to SGInnovate’s panel of co-investors for deep tech startups.
Analytics8’s Melbourne and Sydney-based team of 70 professionals will now join Accenture Applied Intelligence.
IPOs & Markets
AInnovation has raised about $70 million so far from Sinovation, CICC ALPHA and Chengwei Capital.
Policy & Regulations
Vietnam has been tightening internet rules over the last few years, culminating in a cybersecurity law which came into effect in January.
Revenue at the company rose 42% to 114.9 billion yuan ($16.3 billion) in the three months ended June, surpassing the 111.6 billion yuan average estima
With the fresh capital, Logisly is set to pursue its goal of easing the high cost of logistics in Indonesia.
UClean has bought 20 outlets of White Tiger as part of the deal.
The development comes barely a month after the Hanoi-based company clinched a strategic investment from Samsung SDS.
The investment in KiotViet is being made through Jungle Ventures' third Southeast Asia fund.
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