DealStreetAsia

Cortical plans to use the funding to accelerate commercialization of its operating system and fulfill preorders. (Source photos by Reuters and screenshot from Cortical Labs and Horizons Ventures)
DealStreetAsia

Australia and Singapore AI startup Cortical Labs raises $10m

Funding round led by Hong Kong billionaire Li Ka-shing's Horizons Ventures

19 April 2023
SilkRoad Property Partners sees opportunity in Japanese real estate. (Source photos by AP and logo from Silkroad property partner website)
DealStreetAsia

SilkRoad Property enters Japan with $145m in acquisitions

Singapore real estate investor's purchases include central Tokyo office building

18 April 2023
Jatri was founded in 2019 to make public transportation more comfortable in Bangladesh, one of the most densely populated countries. (Source photos by Reuters and screenshot from Jatri website)
DealStreetAsia

Bangladesh transport startup Jatri obtains Series A funding

SBK Tech, ALSA, Genting Ventures, DVC and Doha Tech Angels participate

17 April 2023
Philippine startup Pickup Coffee began as a delivery-only brand serving locations around Metro Manila. (Screenshot from Pickup Coffee's website) 
DealStreetAsia

Philippine startup Pickup Coffee gets $40m in new funds

Go-Ventures, backed by Indonesia's GoTo, leads Series A1 investment round

14 April 2023
Indonesian edtech company Cakap is developing "blended" learning -- a mix of online and offline classes. (Source photos by Reuters and screenshot from Cakap website) 
DealStreetAsia

Indonesia edtech Cakap gets new funding; valuation exceeds $100m

Undisclosed amount from MDI Ventures, Heritas Capital to aid 'blended' learning

13 April 2023
Bangkok-based private equity firm Lombard Asia is targeting investments in Thailand, Cambodia, Laos, Myanmar and Vietnam. (Source photos from Reuters and screenshot from Lombard Asia website)
DealStreetAsia

Thai PE firm Lombard Asia closes fifth fund

Vehicle targets Thailand, Cambodia, Laos, Myanmar and Vietnam

12 April 2023
Legit Group runs a full cloud kitchen business model with no offline presence. (Screenshot from Legit Group's website) 
DealStreetAsia

Indonesian cloud kitchen startup Legit Group raises $13.7m

MDI Ventures leads Series A round in growing online food delivery market

11 April 2023
Amicus Capital is aiming to accelerate investments in areas including financial services and consumer, health care, technology and business services. (Screenshot from Amicus Capital's website)
DealStreetAsia

India's Amicus Capital hits first close of fund at $75m to $100m

Private equity firm aims to reach $200m in second investment vehicle

10 April 2023
DigiAsia is betting on its first-mover advantage in Indonesia's embedded finance industry as it pushes for growth. (Screenshot from DigiAsia Bios' website) 
DealStreetAsia

Indonesian fintech DigiAsia Bios looks abroad after SPAC merger

B2B startup eyes Vietnam, Cambodia and the Philippines for expansion

6 April 2023
Founded in August 2014, SJ Semiconductor offers a 12-inch wafer bumping and testing service, an advanced wafer-level processing technology that is key to semiconductor packaging. (Screenshot from SJ Semiconductor's website) 
DealStreetAsia

China's SJ Semiconductor raises $340m; valuation now at $1.8bn

Company aims to expand 3D multi-chip integration and packaging project

5 April 2023
Singapore-based Little Farms is a boutique grocery chain sourcing organic fruit, vegetables and fresh produce from independent suppliers and farmers in Australia, Europe and the rest of the world. (Screenshot from Little Farms' website) 
DealStreetAsia

Singapore grocery chain Little Farms secures $1.5m in funding

Temasek Holdings subsidiary Heliconia Capital invests through equity and debt

4 April 2023
Founded in 2019, Swap Energy builds charging infrastructure for two-wheeled electric vehicles. (Screenshot from Swap Energy's website) 
DealStreetAsia

Indonesian EV battery startup Swap Energy raises $7.2m

Ondine Capital leads funding round that includes SBI Kejora Orbit Fund

3 April 2023
Ledger was founded in 2014 with the goal of becoming a global force in so-called critical digital asset security. (Source photos from Ledger website and Reuters)
DealStreetAsia

Singapore's True Global Ventures invests $24m in crypto company

French startup Ledger offers USB-type wallets for holders of digital assets

1 April 2023
EazyDiner is targeting expansion to reach 100 cities in India by the end of this year.
30 March 2023
A subsidiary of Germany's Talanx Group is backing Thai insurtech startup Roojai. (Source photos by AP and screenshot from Roojai's website) 
DealStreetAsia

Thai insurtech Roojai raises $42m led by Germany's Talanx Group

Startup to use some of funds for expansion into Indonesia and the Philippines

29 March 2023
Dagangan is focused on selling and delivering food, clothes and other items to people in rural areas. (Screenshot from Dagangan Indonesia's YouTube page) 
DealStreetAsia

Indonesian e-commerce startup Dagangan finalizing funding round

Sources say talks are ongoing, investors could change

27 March 2023
The landmark Sofitel Brisbane Central has has over 400 rooms. (Screenshot from Sofitel Brisbane Central's website)
DealStreetAsia

Singapore's CDL to buy Brisbane's biggest hotel for $119m

Canada's Brookfield selling Sofitel property in Australian city

25 March 2023
Chinese investment firm Triniti Capital has secured a commitment to its latest fund from an industrial park developer jointly established by the governments of China and Singapore.
DealStreetAsia

China's Triniti targets $290m fund to back chip companies

Fund also has mandate to invest in display technologies and new energy

23 March 2023
Founded in 1984, Bain Capital has $160 billion in assets under management.
DealStreetAsia

University of Michigan commits $35m to Bain Asia-Pacific fund

China, Japan, South Korea, India and Australia are among fund's targets

22 March 2023
Founded in 2015, Livspace offers services including renovation, false ceilings, wall painting and modular kitchens. (Screenshot from Livspace's website)
DealStreetAsia

Asian home interior startup Livspace lays off nearly 2% of staff

Singapore- and India-based company trims workforce of 5,000

20 March 2023
Private equity firm CVC has around $146 billion in assets under management.
DealStreetAsia

CVC Capital buys $155m stake in Indonesia's Samator Indo Gas

Investment will support Indonesian gas producer's push to expand

17 March 2023
Founded in 2014, 99 Group has so far raised over $80 million. (Screenshot from 99 Group's website) 
DealStreetAsia

Singapore property tech company 99 Group raises fresh $11m

Real estate portal operator gets money in Series C round extension

16 March 2023
Founded in 2014, Mirova says it is committed to responsible investment. (Screenshot from Mirova website)
DealStreetAsia

Mirova raises $171m for Asia, Africa blended finance debt fund

Sustainability-focused investment manager targeting $500m

15 March 2023
Founded in 2006, Arohan aims to provide financial services to underprivileged and low-income households in rural and semi-urban areas of India.
DealStreetAsia

FMO pitches $11m investment in Indian microfinance company Arohan

Funds will be used to finance post-COVID growth, boost technology

13 March 2023
Angelo Gordon's latest Asian property fund aims to focus on Hong Kong and other large real estate markets around the region.
DealStreetAsia

Minnesota SBI commits $100m to Angelo Gordon Asia property fund

Real estate fund will focus on underperforming, troubled assets

10 March 2023