Temasek Holdings and Warburg Pincus have joined a $500 million in Indian ride-hailing platform Ola ahead of an IPO.
Warburg Pincus led the round, contributing $280-300 million at a 35-50% discount to Ola’s 2019 valuation of $5.5-6 billion, according to The Economic Times. Early investors Tiger Global Management and...
SoftBank Vision Fund 2 is the largest participant in a KRW223.6 billion ($187 million) investment in Naver Z, the metaverse platform unit of Korean internet giant Naver Corporation.
Horizons Ventures, the private investment arm of Hong Kong billionaire Li Ka-Shing, has led a A$129 million ($92.3 million) Series B round for Australia’s Harrison.ai, a clinical artificial intelligence (AI) developer.
Airbus Ventures has led a $25 million Series B round for Australia’s Q-Ctrl, a quantum computing developer increasingly geared toward space tech and orbital infrastructure.
STIC Investments has led a KRW1 trillion ($840 million) investment in Iljin Materials, a Korean producer of electric foils used in lithium batteries and consumer electronics, to support the international expansion of its manufacturing footprint.