Chinese co-working space operator UrWork has raised RMB300 million ($45 million) in Series C funding led by Qianhai Wutong Mergers and Acquisitions Funds, a vehicle backed by Qianhai Equity Exchange.
The investment, which also featured CK Home – Key Investment Group and venture capital firm Context Lab, values UrWork at RMB9 billion. It comes four months after the company received a $178 million...
The Carlyle Group has applied for regulatory approval to acquire a 26% stake in Taiwan-based sushi chain Zhengxian, also known as Sushi Express.
Hong Kong-based insurer FWD Group and Malaysia’s Artem Ventures have set up a MYR 45m (USD 10.2m) VC fund focused on insurance technology and Islamic financial technology in Malaysia.
DeHaat, which claims to be India’s largest full-stack agricultural technology platform, has closed its Series E round on USD 60m. Sofina and Temasek Holdings were the lead investors.
Temasek Holdings has launched an internal review into the circumstances that led to its investment in collapsed cryptocurrency exchange FTX, but Singapore’s deputy prime minister refused to criticise the organisation’s governance structures.