US-based Gridtential is looking to bring its innovative battery technology to Asian markets with the help of 1955 Capital and several strategic investors
Few technologies are more tested than the venerable lead-acid battery. Invented in 1859, it is still indispensable to the automotive industry and as an emergency power solution. However, the tradeoff for...
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.