Kakao Investment and Korea Development Bank (KDB) have joined a $30 million Series C round for H2O Hospitality, a Japan-based tourism operator expanding in Korea and Southeast Asia.
They were joined by several other Korean investors, including Gorilla Private Equity, Intervest, and Nice Investment. Indonesia’s Kejora Ventures participated via the Kejora-Intervest Growth Fund, which...
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.