ESR, a pan-Asian logistics and fund management platform that was seeded by Warburg Pincus, has closed its latest Japan-focused fund at JPY200 billion ($1.8 billion).
According to a statement, two investors in the fund have agreed a commitment expansion option that would bring total investment capacity to as much as JPY530 billion over time. It will support development...
Chinese gene therapy specialist Exegenesis Bio has received $20 million in Series B funding led by Legend Capital. It will be used to support clinical development of the company’s drug portfolio.
Alibaba Group has led a $300 million round for Chinese electric vehicle (EV) manufacturer Xpeng Motors. It comes barely two weeks after the company closed an extended Series C round of $500 million.
EDBI, the investment arm of Singapore’s Economic Development Board, has invested in Vesta, a US-based fraud and payment technology start-up with ambitions to expand into Asia.
Hana Financial has invested KRW100 billion ($85 million) in a portfolio of Korean waste to energy (WTE) projects controlled by Global Infrastructure Partners (GIP).