China’s self-driving tech firm ZongMu Tech nets $190m from Xiaomi, Denso, others
ZongMu is reportedly considering a listing on the STAR Market in Shanghai.
Indonesian P2P lenders face an existential threat as COVID reshapes finance
Many smaller P2P players are struggling to compete against rivals backed by large foreign super lenders.
Singapore VC Good Startup hits first close of protein fund at $25m
So far, the firm has put money into six alternative protein startups.
Indian B2B marketplace OfBusiness in fundraising talks with SoftBank
The company is in advanced talks to raise $150 million at a valuation of $1.3 billion.
Indonesian P2P lender Amartha raises $7.5m from Norway wealth fund
Amartha claims to have disbursed loans worth over $250 million to women borrowers to date.
Border to Coast investing $75m in CBC Group’s China-focused healthcare fund
The commitment was part of Border to Coast’s latest $390m allocation to PE and infrastructure funds.
SE Asian markets are overlooked by clean energy investors: SUSI Partners
SUSI Partners’s SAETF vehicle, which seeks to raise $250 million, hit its first close at $81 million.
Singapore-based VC firm iGlobe Partners closes latest fund at $100m
This fund will focus on high-growth areas in smart cities, synthetic biology, and fintech.