European asset management firm Tikehau Capital has reached a first close of $50 million on a healthcare-focused early stage investment fund.
The vehicle, TKS1, is a joint venture with Sprim Ventures, the investment arm of global healthcare firm Sprim Group. It will provide early-stage capital to innovative companies based in Singapore and developing...
Investors appear to be discounting Asia risk in the face of rising political concerns, ranging from North Korea to Myanmar
Chinese electric vehicle maker CHJ Automotive has completed a RMB3 billion ($474 million) Series B round led by Matrix Partners China and Shougang Fund, an investment firm backed by state-owned steel producer Shougang Corporation.
Naspers has sold a small portion of its stake in Tencent Holdings – the Chinese internet giant in which it acquired an approximately one-third stake for $32 million 16 years ago – for HK$76.9 billion ($9.8 billion).
Shunwei Capital has led a $25 million Series B round for ScaleFlux, a hardware firm based in the US and China.