The Blackstone Group has made a partial exit from Indian packaging manufacturer Essel Propack (EPL) – which provides the tubes to 40% of the world’s toothpaste – generating proceeds of INR18.6 billion ($253.4 million).
Evergrande New Energy Vehicle (NEV), a subsidiary of Chinese real estate developer Evergrande Group, has raised HK$4 billion ($516 million) from investors including Tencent Holdings, Sequoia Capital China, Yunfeng Capital, and Didi Chuxing.
Creador's $34 million investment in packaging supplier Shriji Polymers represents an indirect bet on India's growing pharmaceutical industry. Product development and capacity expansion are priorities
Creador has invested INR2.5 billion ($34 million) in Shriji Polymers India, a manufacturer of plastic pharmaceuticals packaging, taking a significant minority stake and providing an exit for Tata Capital.
Development Bank of Japan has joined a JPY3.9 billion ($37 million) Series B round for Tokyo-based flying car developer SkyDrive.
Japanese private equity firm J-Star has acquired local waste management operator Sincere Corporation for an undisclosed sum.
Source Code Capital has led a $20 million Series A round extension for XYZ Robotics, a Chinese start-up specializing in robotic hand-eye coordination. Other investors include Gaorong Capital and Morningside Venture Capital.
The Carlyle Group has agreed to sell its majority stake in Korean apparel manufacturer Yakjin Trading Corporation to domestic fashion giant JS Corporation for around KRW14.3 billion ($12 million).
Investor appetite for Xpeng grew over the course of 2020 as China's electric vehicle industry showed signs of recovery after a difficult 2019. A $500 million Series C extension was soon followed by an IPO filing
Japanese lunar exploration company iSpace has raised $28 million Series B round led by Incubate Fund.
Northstar Group and Go-Ventures have led a Series B round of undisclosed size for Indonesia’s eFishery, while East Ventures has backed a $5.5 million Series A for fishing industry app Aruna.
Environmental considerations are intrinsic to food innovation investment strategy, not a public relations bonus. Science, society, and myriad motivations color a range of perspectives
Hana Financial has invested KRW100 billion ($85 million) in a portfolio of Korean waste to energy (WTE) projects being developed by Equis Development.
Private equity firms Asia-IO Capital and Wise Road Capital have acquired a 55.6% stake in a semiconductor packaging materials business from Hong Kong-listed ASM Pacific Technology.
MakinaRocks, a Korean artificial intelligence (AI) start-up that helps manufacturers achieve production efficiencies through the application of deep learning technology, has raised KRW12 billion ($10 million) in Series A funding.
Blackbird Ventures has joined a A$26 million ($18.3 million) round for Propeller Aero, an Australian data analytics provider focused on drone surveying at industrial worksites.
Hillhouse Capital has invested RMB10.6 billion ($1.5 billion) in Chinese electric vehicle (EV) battery manufacturer Contemporary Amperex Technology (CATL). It is part of a RMB19.7 billion capital raise by the Shenzhen-listed company.
KKR has made an investment of undisclosed size in GreenCollar, an environmental services provider that helped establish Australia’s carbon credit market.
Li Auto, a Chinese electric vehicle manufacturer that has been backed by online-to-offline (O2O) services giant Meituan Dianping, has filed for a US IPO.
Horizons Ventures – a VC firm controlled by Hong Kong billionaire Li Ka-shing – has joined a A$10 million ($7 million) round for an Australian start-up specializing in fungi-based carbon capture technology.
China has launched a government guidance fund intended to support small and medium-sized enterprises (SMEs) with initial capital commitments of RMB35.75 billion ($5 billion).
Toshiba is exploring ways to fully exit its 40.2% stake in Kioxia Holdings, two years after selling control of the Japanese flash memory division to a Bain Capital-led consortium for an enterprise valuation of JPY2 trillion ($18.7 billion).
Chinese aftermarket car parts supplier Casstime has raised $50 million in the second tranche of Series C round led by Greater Bay Area Homeland Investments.
Geek+, a manufacturer of robots used to move merchandise around warehouses, has closed a Series C funding round, having raised $200 million across two tranches.