China-based electric vehicle (EV) maker Bordrin Motor has raised RMB2.5 billion ($362 million) in a new funding round that featured Yin An Capital, the investment arm of Sinochem International.
Additional commitments came from Prosperity Investment, a government guidance fund-of-funds, local power tools manufacturer Positec, Sumitomo Corporation, and Yuanxing Investment, a state-owned investment...
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.