Richard Folsom, representative partner of Advantage Partners, looks back on a year dominated by succession planning, fundraising, and new investment opportunities
Q: Advantage took some significant steps in terms of succession planning last year – a first for an independent Japanese GP. What was the thinking behind it? A: These weren’t our first steps. This...
Svolt Energy Technology, formerly the battery business unit of Chinese automaker Great Wall Motor, has raised a RMB3.5 billion ($542 million) Series A round featuring a string of government-linked investors.
Tiger Global Management has led a $100 million Series C round for India’s Infra.Market, valuing the construction materials marketplace at $1 billion.
Moore Threads, a Chinese chip designer established as recently as last October by a team from Nvidia, has closed two funding rounds amounting to several billion renminbi.
FountainVest Partners has agreed to acquire a majority stake in China-based CJ Rokin Logistics from Korea’s CJ Logistics for KRW733.8 billion ($661.3 million).