Ansible Ventures, a Vietnam-based early-stage venture capital company, was established by Valerie Van Vu last year. (Source photo by Getty and logo from Ansible Ventures' LinkedIn page)
DealStreetAsia

Ansible Ventures' founder describes women's struggles in VC sector

Valerie Van Vu says gender gap has repercussions for diversity in startups

6 July 2023
First Move provides pre-seed funding of up to $100,000 and mentorship to early-stage startups seeking to introduce consumer-focused innovations in Southeast Asia. (Source photos by AP and Getty)
DealStreetAsia

Southeast Asian consumer startups focus of new fund First Move

Former executives of Malaysia-based Fave launch early-stage venture capital entity

5 July 2023
A woman walks in Jakarta's business district in 2021. The percentage of Southeast Asian investors with no women in decision-making roles stands at about 67%, according to DealStreetAsia's Data Vantage.
DealStreetAsia

Southeast Asia's venture investors short of female decision makers

Women represent 17.4% of such positions at firms headquartered in the region

4 July 2023
Gaw Capital Partners has $36 billion in assets under management as of the first quarter of 2023. (Source photo by Reuters and logo from Gaw Capital Partners' website)
DealStreetAsia

Hong Kong's Gaw Capital hits $3bn at close of real estate fund

Company poised to 'seize opportunities' in post-pandemic market

3 July 2023
Warburg Pincus has been making early- and growth-stage investments in greater China's rental apartment companies over the past decade.
DealStreetAsia

Warburg Pincus bullish on new economy real estate in China

Private equity investor sees advantage in its 'earlier in the game' approach

30 June 2023
Omnivore's fundraising comes as startups find it hard to raise money and investors want portfolio companies to focus on profitability. (Source photo by Reuters and logo from Omnivore's website)
DealStreetAsia

India agritech investor Omnivore marks first close of 3rd fund

Investments eyed in agriculture, food, climate change and rural development

29 June 2023
FoodMap connects farmers and small and medium-size agricultural producers with consumers. (Source photo by Reuters and logo from FoodMap's website)
DealStreetAsia

Vietnamese agritech company FoodMap holds $1m bridge round

Funds to be used to grow overseas; company raises $4.5m since 2020 founding

28 June 2023
GZCCI Group invests in, constructs and operates urban infrastructure. (Source photo by Getty and logo from GZCCI Group's website)
DealStreetAsia

Chinese state-owned company to invest $1.4b in Greater Bay Area

GZCCI Group sets up fund for cultural industry projects in southern China

27 June 2023
Xurya's founders established the company in in 2018, seeing a readiness and opportunity for solar energy adoption in Indonesia. (Source photo from Reuters and logo from Xurya's website)
DealStreetAsia

Indonesian solar energy startup Xurya aims to raise fresh funds

Investor interest in climate tech companies is surging, says co-founder

26 June 2023
PENM Partners expects Vietnam's economy to recover in the second half of this year. (Source photos by AP and logo from VMS Asset Management's website)
DealStreetAsia

Vietnam-focused PENM Partners turns to family offices for 5th fund

Denmark-domiciled private equity firm sees promise in Southeast Asian country

23 June 2023
Finture operates buy now, pay later aggregator Yup Indonesia. (Source photo by Getty Images and logo from Finture's official LinkedIn account)
DealStreetAsia

Indonesian buy now, pay later operator Finture pulls in $15m

Pre-Series B round led by $6m from Beijing-based venture capital firm XVC

22 June 2023
L Catterton has made its first investment in India's pet food sector by putting $60m into Drools. (Source photo by Getty Images; logos from  L Catterton and Drools websites)
DealStreetAsia

L Catterton makes foray into India's pet food sector

Consumer-focused investment firm bets $60m on Drools in latest portfolio addition

21 June 2023
Carsome started with vehicle inspection, ownership transfer and car financing before offering services for car buyers and dealers. (Source photo by Reuters and logo from Carsome's website)
DealStreetAsia

Malaysia's Carsome raises funds, including debt, from EvolutionX

ASEAN used car marketplace says group's liquidity now $200m

20 June 2023
Gentree provides companies an opportunity to connect with the Sy family that runs Philippines' retail giant SM Group. (Source photos by Getty Images and logo from Gentree Fund's website)
DealStreetAsia

Philippines-based Gentree Fund said to be raising $120m to $150m

Investment vehicle of Sy Family Office has backed startups since 2020 launch

19 June 2023
VMS has earmarked $3 billion for its private equity business. (Source photos by screenshot from VMS Asset Management's website and Reuters) 
DealStreetAsia

Hong Kong's VMS Group looks to raise up to $400m

Private equity fund expects 15 to 20 deals with average values up to $30m

16 June 2023
MD Pictures is Indonesia's first publicly listed film company. (Source photo by Getty Images and logo from MD Pictures' website)
DealStreetAsia

Indonesia's MD Pictures plans to raise up to $150m

Via rights issue and debt, Tencent-backed film company aims to support expansion

15 June 2023
"This year so far, there has been only one biotech IPO," in Hong Kong, says Serena Shao, founder of Ascendum Capital. "It's not performing very well, the market is still struggling." (Source photo by Getty Images and logo from Ascendum Capital's LinkedIn page)
DealStreetAsia

Hong Kong biotech IPOs face 'tough' 2023: Ascendum Capital founder

Serena Shao, also managing partner, says foreign investors backing out of market

14 June 2023
aCommerce provides brands across Southeast Asia with services to ramp up their online store operations, marketing, customer service and fulfillment. (Source photo by Getty Images and logo from aCommerce's website)
DealStreetAsia

Thailand's IPO-bound aCommerce trims head count

'Difficult decisions' come amid structural transition, market uncertainty

13 June 2023
DS/X has so far raised funds from high-net-worth individuals across Indonesia and Singapore, with some exposure to institutional investors. (Source photo by Reuters and logo from DS/X Ventures website)
DealStreetAsia

Indonesia's DS/X Ventures seeks $15m for debut fund

Sees strong interest in early startups despite crunch hitting other companies

12 June 2023
LinkAja started as a digital wallet in 2019 focusing on consumers but shifted direction in early 2022. (Source photo by AP and logo from LinkAja's website)
DealStreetAsia

Indonesian digital wallet LinkAja said to be raising fresh funding

Company also eyeing IPO, sources say; executive stresses positive EBITDA

8 June 2023
Singapore-based Thunes has hubs in Shanghai, Nairobi, London, Paris, Dubai, New York and Miami. (Source photo from Reuters and logo from Thunes' website)
DealStreetAsia

Singapore fintech startup Thunes raises further $25m

Series C funding comes from U.S.-based Bessemer Venture Partners

7 June 2023
Cathay Life is s one of the largest life insurance players in Taiwan, while Taiwan Life was founded in 1947 as the island's first insurance company. (Source photo by Reuters. Logos from Cathay Life Insurance and Taiwan Life Insurance websites)
DealStreetAsia

Cathay Life, Taiwan Life to commit $176m to private equity funds

Taiwanese insurers to invest the money in four separate entities, filings say

6 June 2023
Cinema XXI is Indonesia's largest theater chain. (Source photo by Getty Images and logo from Cinema XXI's website)
DealStreetAsia

Indonesian movie chain Cinema XXI operator eyes up to $300m in IPO

Company seeks to complete initial public offering by early next year, sources say

5 June 2023
The Montana Board of Investments has a track record of investing in funds managed by Asia-focused general partners. (Source photo from AP and logo from Montana government official state website)
DealStreetAsia

Asia firms get $110m commitment from U.S. pension fund Montana BOI

Axiom Asia, Singapore-headquartered OCP Asia to receive money, board report says

2 June 2023
Shanghai-based HighLight Capital has backed over 100 companies, with a focus on biopharma, medtech and consumer health; it has nearly $3 billion in assets under management. (Source photo by Reuters and logo from HighLight Capital's website)
DealStreetAsia

China's HighLight Capital aims to raise total $1b across two funds

VC's 4th dollar fund targets Q3 close, mulls Southeast Asia office, CEO says

1 June 2023