Qualgro, a Southeast Asia and Australasia-focused VC firm that spun out from Singapore asset manager Gordian Capital, has secured a first close of $60 million on its second fund.
The firm expects to reach a final close of $100 million within the next nine months. Like Qualgro’s $50 million debut fund, the new vehicle will focus on Series A and B rounds for business-to-business...
Generation Asia Acquisition, a special purpose acquisition company (SPAC) sponsored by Roy Kuan, formerly Asia managing partner at CVC Capital Partners, has raised USD 200m through a US offering.
India’s M2P Fintech, a software provider that connects banking infrastructure to consumer-facing technology platforms, has raised USD 56m in Series C funding led by Insight Partners.
BRV Capital Management has led a KRW 170bn (USD 140m) Series C round for Green Labs, a Korea-based agricultural technology start-up seeking to digitalise the food production value chain.
Shoplazza, a China-based software-as-a-service (SaaS) provider specialising in cross-border e-commerce, has raised USD 150m in the first tranche of Series C led by SoftBank Vision Fund II.