Evermos, an Indonesian social e-commerce company focused on halal and sharia-compliant products, has raised an $8.2 million Series A round from a group of VCs.
Jungle Ventures, Shunwei Capital, and Alpha JWC Ventures joined the oversubscribed round. It comes nine months after launch of the platform, during which time the company has built up a network of 20,000...
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).