SBI Investment has made the first investment from its artificial intelligence (AI) and blockchain technology fund, leading a JPY1.1 billion ($10.3 million) round for Japan’s Ascent Robotics.
The investment – which also includes contributions from several angel investors – will go towards the development of AI software for autonomous driving. This includes building automobiles equipped...
A rebound in China-based activity took Asia private equity investment to a record USD 105.3bn in the fourth quarter, ensuring that 2021 represents a new high watermark for the industry.
EverSource Capital has reached a final close of USD 741m on what is being called India’s largest climate impact fund.
Dishangtie Car Rental, a Shenzhen-based electric vehicle (EV) rental service, has raised a USD 200m Series D round across two tranches featuring CICC Capital.
Quona Capital, Lightrock India, and Asia Impact SA have co-led a USD 60m Series C round for Indian agriculture technology platform Arya.