Singapore ride-hailing firm MVLLABS raises $15m Series B, launches first EV for SE Asia
The ONiON T1 electric vehicle will be added to TADA’s fleet in Phnom Penh, Cambodia.
Chinese robot developer CloudMinds bags over $153m in a Series B+ round
SoftBank Vision Fund had invested $300m in CloudMinds in 2019.
SoftBank Vision Fund 2 puts $160m in Singapore media firm Iyuno-SDI Group
The company was formed in March after Singapore’s Iyuno Media acquired SDI Media.
Dutch pension fund PGGM to invest in EG Australia’s real estate fund
EG ACE is an open-ended fund that has already acquired five assets totalling $234 million.
China’s Abogen Biosciences raises $92m in Series B round
PICC Capital, SDIC Venture Capital Management and YF Capital co-led the round.
IFC proposes to extend $100m loan to ChrysCapital-backed Hero FinCorp
The investment will be in the form of a senior loan.
SE Asia Deal Review: Startup funding leaps 382% to $781m in March, thanks to two big-ticket deals
PatSnap and SiCepat together accounted for 60% of the disclosed fundraisings.
Malaysian social commerce startup AVANA inks JV with Chailease to expand to Taiwan
The JV follows an investment Taiwan’s Chailease made in AVANA in late 2019.