Anchorless Bangladesh, a New York-headquartered VC firm dedicated to the country, has made its debut investment in a local logistics start-up.
Anchorless has provided about $600,000 in seed funding to Loop Freight, which aims to digitize the operations of truck fleet owners navigating a fragmented and unsophisticated domestic logistics environment....
KKR has offered to acquire up to 9% of First Gen Corporation, a power plant operator in the Philippines, for PHP7.29 billion ($144 million).
Japan’s Beyond Next Ventures has led a JPY800 billion ($7.4 million) Series A round for local cell-based agricultural technology specialist IntegriCulture.
Chinese drug developer Jiangsu Atom Bioscience & Pharmaceutical has raised $30 million in Series B funding led by Sequoia Capital China and Hong Kong-listed Livzon Pharmaceutical Group.
Hillhouse Capital has led an extended Series A round of funding worth $50 million for Deepexi, a Chinese start-up that provides a suite of smart data services to enterprise customers.