Potentia withdraws from talks to buy Australia-listed Tyro
Australia-based specialist B2B technology investor Potentia Capital has withdrawn from talks to acquire listed payments software provider Tyro Payments – marking the second time attempts to reach an agreement have failed.
The private equity firm submitted an offer of AUD 1.60 per share last December – at an enterprise value of approximately AUD 875m (USD 582m) – proposing to pay shareholders in cash or allow them to...
Japan's Heartseed raises $14m Series D
Heartseed, a Tokyo-based biotech start-up specializing in treatments that use cardiac muscle cells to initiate the remuscularization of patients who have suffered heart failure, has raised JPY 2bn (USD 14.3m) in Series D funding.
Shenzhen Capital backs Chinese titanium metal producer
Shenzhen Capital Group has participated in a CNY 2.27bn (USD 321m) funding round for Yunnan National Titanium Metal, a subsidiary of Shenzhen-listed chemicals producer LB Group.
Indonesia e-commerce player Evermos gets $39m Series C
The International Finance Corporation (IFC) has led a USD 39m Series C round for Evermos, an Indonesian social commerce platform that positions itself as an impact play.
Singapore's Qualgro seeks $150m for Fund III
Qualgro Partners, a Singapore-headquartered venture capital firm, is looking to raise USD 150m for its third fund.