Eastspring Investment, a Singapore-based asset manager backed by Prudential, has opened a new office in Shanghai as part of an ongoing China expansion strategy.
Rising consumer demand for high-quality products and the emergence of technologies that allow greater efficiency are driving investor interest in Asia’s previously overlooked aquaculture industry
ADM Capital prioritizes transparency as it closes its latest Asia-focused secured lending fund. Environmental, social, and governance issues are also high on the agenda
SolarHome, a Singaporean off-grid solar specialist, has received $10 million in debt funding for a Myanmar expansion from crowdfunding platforms Crowdcredit and Trine.
KKR has confirmed it will invest up to S$500 million ($366 million) in Singapore-based luxury lifestyle and wellness products company V3 Group at an enterprise valuation of about S$1.7 billion.
Singapore-based Golden Gate Ventures has committed to invest MYR75 million ($18 million) in Malaysian technology start-ups and opened a new office in the country.
ADM Capital has closed its Asia Secured Lending Facility II (ASLF II) with $178 million for small and medium-sized enterprises (SMEs) in Asia.
Singapore-based VC investor Cocoon Capital has launched its second early-stage fund with a target of $20 million.
Oriente, a Hong Kong financial technology company backed by local investor BlackPine Private Equity, has raised $105 million in seed funding from a group of family offices.
International Finance Corporation (IFC) and IFC Emerging Asia Fund have agreed to invest $40 million in Voyager Innovations, a financial technology unit of Filipino telecom giant PLDT.
Ark, a new Singapore-based cancer detection technology company, has received a $40 million Series A round backed by Gaorong Capital and shareholders of medical-focused investor Venturecraft.
Navis Capital Partners has exited Malaysian cosmetics company Alliance Cosmetic Group, maker of the SilkyGirl brand, to Japanese strategic player Mandom for an undisclosed amount.
German development finance institution DEG and Belgium-based impact investor Incofin Investment Management have invested $6 million in Rent2Own, a motorcycle rental firm based in Myanmar.
Singapore-based financial technology start-up InstaRem has raised $20 million in Series C funding led by Telkom Indonesia and Thailand’s Kasikornbank.
Yunzhangfang, a Chinese corporate tax and financial management software-as-a-service (SaaS) provider, has raised RMB300 million ($43.2 million) in a Series C round led by Hillhouse Capital.
500 Startups has closed its Vietnam-focused early-stage VC fund at $14 million, beating a target of $10 million.
IDG Capital, Matrix Partners, and Neo Global Capital have jointly invested $20 million in Singapore-based cryptocurrency services company KuCoin.
Chinese co-working space operator Ucommune, formerly named UrWork, has raised $200 million in Series D funding led by All-Stars Investment, with participation from CEC Capital.
Singapore’s EDBI has joined a $50 million Series F round for US-based enterprise software provider WalkMe that will drive an Asia Pacific expansion.
VCs face new challenges and opportunities in exit markets across Asia as later-stage investors and strategic players participate more deeply in early-stage ecosystems.
PE and VC players remain focused on Southeast Asia’s long-term growth trajectory despite gathering macro storm clouds. Valuations remain a bone of contention
Kuaisuwang, a Chinese B2B trading platform for plastic products, has raised several millions of US dollars in a Series C round of funding from IRPC, a listed Thai petroleum and petrochemicals company.
Tokyo Electric Power (TEPCO) has invested in a Vietnam hydropower project in which Nexif Energy, a Southeast Asia-focused energy investment platform backed by Denham Capital, owns a majority stake.
The Malaysian government will allocate MYR2 billion ($478 million) to a co-investment scheme that will match investments made in the country by private equity and venture capital funds.