Melissa Kang helped raise Morgan Stanley’s first global impact fund before striking out on her own with Jupiter Impact Partners. She explains why Southeast Asia should prove fertile ground for the strategy
Clean Energy Finance Corporation (CEFC), a renewables-focused investor backed by the Australian government, has agreed to commit up to A$100 million ($70 million) to a new fund.
Sachin Bansal, co-founder of Indian e-commerce giant Flipkart, has led a $51 million investment in local electric vehicle (EV) manufacturer Ather Energy.
Food technology is a virtually endless horizon of profound and unignorable investment imperatives mistaken as a niche category. Alternative protein is the first opportunity set to gain serious traction
Singapore’s Temasek Holdings and Horizon Ventures have led a $300 million round for Impossible Foods, a US vegetarian food technology company expanding into Asia.
CleanMax Solar, an Indian solar power developer with several PE backers, has raised INR2.75 billion ($39 million) from UK Climate Investments (UKCI), a renewable energy investment platform managed by Macquarie Infrastructure and Real Assets.
RWDC Industries, a Singapore-based materials developer focused on biodegradable plastics, has raised $22 million from a group of investors including Vickers Venture Partners.
Petroliam Nasional (Petronas), Malaysia’s state-run oil and gas company, has agreed to acquire Amplus Energy Solutions, an Indian solar power developer backed by I Squared Capital.
Investors targeting electric vehicles must consider strategies that support the underlying technical development of the industry. The underdeveloped battery segment is ripe for digitization
Indian renewable energy developer Avaada Energy has raised a INR10 billion ($144 million) investment from a consortium including the Asian Development Bank (ADB) and development institutions DEG and FMO.
Japan’s Dai-ichi Life Insurance has agreed to invest JPY1 billion ($9.1 million) in a venture fund managed by local energy and cleantech specialist Energy & Environment Investment (EEI).
Tiger Global Management and Matrix Partners India have co-led a INR4 billion ($56.3 million) investment in an independent electric vehicle (EV) company spun out from Indian ride-hailing platform Ola.
Ayana Renewable Power, an Indian renewable energy platform managed by CDC Group, has raised $330 million from its parent, along with new investors the National Investment and Infrastructure Fund of India (NIIF) and EverSource Capital.
Alliance Ventures, a VC firm created by Renault, Nissan Motor and Mitsubishi Motors, has confirmed an investment of undisclosed size in Chinese electric vehicle (EV) technology supplier PowerShare.
BP Ventures, the venture capital arm of BP, has made its first investment in China, leading a Series A round for electric vehicle (EV) charging solutions provider PowerShare.
Malaysian private equity firm OSK Ventures International has made an investment of undisclosed size in Singapore waste management company Blue Planet Environmental Solutions.
Tokyo Electric Power (TEPCO), Singapore’s WEnergy Global, and ICMG Partners, a start-up accelerator with bases across Asia and the US, have launched a $100 million fund focused on clean energy innovation in Southeast Asia.
KKR has committed up to S$45 million ($32.8 million) to Barghest Building Performance (BBP), a Singapore-based provider of energy saving solutions for heating and cooling systems. It is the first investment from the firm's global impact strategy.
SolarHome, a Singaporean off-grid solar specialist, has received $10 million in debt funding for a Myanmar expansion from crowdfunding platforms Crowdcredit and Trine.
Hangzhou-based electric car maker LeapMotor has raised RMB2 billion ($288 million) in a Series A round of funding led by Shanghai Electric - a Hong Kong-listed Chinese power generation and electrical equipment manufacturer.
Blackbird Ventures has joined a NZ$10 million ($7 million) funding round for Sunfed Meats, a New Zealand-based company that specializes in meat-like vegetarian foodstuffs.
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.
Korea’s Hyundai Motor and Yield Capital, an investment unit of Beijing-Tsinghua Industrial R&D Institute, have launched a $100 million VC fund focused on hydrogen energy.
DST, a new energy vehicle rental service platform that mainly serves logistics companies, has raised RMB300 million ($43 million) in the first tranche of a Series B round led by Bojiang Capital, with participation from Japan's Itochu Corporation.