Japanese engineering conglomerate JGC Group has teamed up with local VC Global Brain to establish a JPY5 billion ($46 million) fund targeting industrial sector technology start-ups.
General Motors (GM) has led a $139 million Series D round for Singapore-based electric vehicle (EV) battery maker SES, also known as SolidEnergy Solutions.
Lever VC, a Hong Kong-based food tech investor, has achieved a fourth close of $46 million on its debut fund, claiming 2.3x growth in the value of the portfolio since 2019.
Adamantem Capital’s acquisition of carbon farming specialist Climate Friendly recognizes the increasing sophistication of the Australian carbon credit market as well as its room for improvement
Australia’s Adamantem Capital has acquired a controlling stake in Climate Friendly, a local carbon offset consultancy, for an undisclosed sum.
Gly Capital, a Hong Kong-based investor controlled by Chinese auto giant Geely, has launched a $300 million mobility tech fund.
Singapore-based Next Gen, which markets a vegetarian chicken brand called Tindle, has raised $10 million in what is being called the largest-ever seed round in the food tech space.
Fresh Capital, a Shanghai-based venture capital firm, has reached a first close of RMB600 million ($93 million) on its second renminbi-denominated fund.
Asia Green Fund reunited with the team at special situations investor BroadPeak Global for the $510 million acquisition of DuPont's clean energy unit. Driving expansion in China is now the priority
Asia is expected to feature more prominently – in terms of investors and investments – in Eurazeo’s second smart city venture capital fund, which has reached a first close of EUR80 million ($97 million).
The Carlyle Group and the chairman of Japan Asia Group (JAG) have abandoned their bid for the company after a tender offer failed to generate sufficient shareholder support.
Olympus Capital has guided China’s Canvest Environment from polluting waste-to-energy minnow to category leader in operational scope and sustainability credentials
Newlink Group, operator of a platform that helps drivers in China locate the best value gas stations, has raised $100 million in funding led by CMB International. Other investors include Hongtai Capital, Joy Capital and Nio Capital.
Taking full ownership of EMC Holdings wasn’t on Affirma Capital’s agenda, but it performed a successful pivot when the business started moving in the wrong direction
The Carlyle Group and the chairman of Japan Asia Group (JAG) have doubled the size of their tender offer for the Tokyo-listed company following pressure from an activist investor. The chairman is contributing most of the additional equity.
An investment firm with ties to renowned Japanese activist investor Yoshiaki Murakami is challenging The Carlyle Group’s JPY37 ($355 million) bid for Japan Asia Group by launching a tender offer of its own.
J-Star, a Japanese lower middle-market GP, has announced its third liquidity event in the space of a week with the exit energy savings solutions provider ESCO via a buyout by company management.
Australia and US-based Xpansiv CBL, a VC-backed marketplace for clean commodities such as carbon offsets and renewable fuels, has raised $40 million with plans to list in Sydney this year.
Grok Ventures, an investment firm set up by Atlassian co-founder Mike Cannon-Brookes, has led a A$100 million ($73 million) round for Australian household solar energy financier Brighte.
India’s Ayana Renewable Power has received $70 million in equity funding from a group of government-backed impact investors, including UK-based CDC Group.
Australia’s Clean Energy Finance Corporation (CEFC) has made its first commitment to a private equity fund, coming in as an anchor investor in Adamantem Capital’s second buyout vehicle.
China Everbright has reached a first close of RMB3 billion ($459 million) on an environment-focused fund that concentrates on economies covered by the Belt and Road Initiative (BRI).
Zhengjiang-based Electronic Vehicle (EV) start-up Hozon Auto has raised RMB2 billion ($305 million) from Huading Capital, a specialist EV investor.
Asian Infrastructure Investment Bank (AIIB) has committed $100 million to an Asia-focused debt fund dedicated to renewable energy managed by Hong Kong’s ADM Capital.