UK, India-based Builder.ai raises $250m Series D
Qatar Investment Authority (QIA) has led a USD 250m Series D round for UK and India-based Builder.ai, a low-code business software platform that compares is modularity to Lego blocks.
Iconiq Capital, Jungle Ventures, and Insight Partners also participated. It follows a USD 100m Series C last year from Insight and Jungle, bringing total funding since the company’s inception in 2016...
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.
PE-backed CompareAsiaGroup merges with US-listed SPAC
CompareAsiaGroup, an Asia-focused financial products comparison platform also known as MoneyHero Group, has agreed to merge with a US-listed special purpose acquisition company (SPAC) at an enterprise value of approximately USD 342m.