SG fantasy sports startup Beryllium raises $3m and other SE Asia deals
DealStreetAsia has put together a table listing out main VC deals in the region this week.
Biden order bans US investment in dozens of Chinese defence, tech firms
The Treasury Department will enforce and update on a “rolling basis” the new list of about 59 companies.
Australian Unity rejects GIC-backed $2b takeover bid for healthcare fund
Canada’s NorthWest is attempting to acquire the fund in partnership with entities related to GIC.
Asia Digest: Aozora Bank backs Genesis venture debt fund; Accenture acquires MY-based Entropia
Aozora Bank has invested an undisclosed amount in Genesis Alternative Ventures’s $80 million venture debt fund.
Chinese precision medical firm Simcere bags $94m Series B from CITIC, others
New investors who participated include Yingke PE, and Hosencare Brothers.
China’s Oceanpine Capital closes RMB fund at $313m for deep tech bets
The fund was closed within three months of its launch.
Three years after exit, SoftBank in talks to invest $700m in Flipkart at $28b valuation
Singapore’s GIC and Canadian pension fund CPPIB are also in talks to invest in Flipkart.
Startup exits in SE Asia slowed down in COVID-hit 2020, but next few years look promising
There were 107 exits in the region last year — a slowdown from 115 in 2019.