US pension to invest $100m in KKR’s open-ended core infrastructure fund
The fund will pursue investments in OECD countries of North America, Western Europe, and developed Asia.
ING Labs spin-out Stemly nets $2.5m seed funding and other SE Asia deals
DealStreetAsia has put together a table listing out main VC deals in the region this week.
Boyu, Sinopharm among shortlisted bidders for drugmaker Mundipharma’s China unit
Chinese buyout firms CITIC Capital and CPE are also on the shortlist.
Chinese lidar developer Hesai rakes in $300m funding after halted STAR Market IPO
Hesai is a supplier to some of China’s top self-driving startups like Pony.ai, WeRide, and AutoX
Apple said to be in talks with China’s CATL, BYD over battery supplies for its electric car
Apple has made building manufacturing facilities in the US a condition for potential battery suppliers.
Bank Syariah Indonesia seeks to tap religious millennials to double assets
BSI was formed after a merger between the Islamic banking units of Bank Rakyat Indonesia, Bank Mandiri and Bank Negara Indonesia.
Nvidia said to seek approval from Chinese regulators for $40b Arm deal
The application sets in motion a period of scrutiny that could take up to 18 months.