Singapore-based Golden Gate Ventures has committed to invest MYR75 million ($18 million) in Malaysian technology start-ups and opened a new office in the country.
The capital will be supplied from the firm’s third Southeast Asia fund, which closed earlier this year at $100 million. About one-quarter of Fund II, which raised $60 million in 2016, has been deployed...
Novo Tellus Capital Partners has invested S$12 million ($8.8 million) in Procurri, a Singapore-listed provider of IT services and data center equipment.
Australia’s Anacacia Capital has realized the final exit from its debut fund with the sale of its majority stake in workplace equipment provider RIS Safety to domestic investor Bricktop Group.
Bain Capital has acquired a majority interest in the data center construction and maintenance division of Shenzhen-listed NetScience Technology for RMB990 million ($147 million).
Shukun, a Chinese company that provides artificial intelligence (AI) technology used in the treatment of cardiovascular diseases, has raised RMB200 million ($29 million) in a Series B round led by China Creation Ventures.