Daiwa Securities Group
Australia's Main Sequence hits $305m first close on Fund III
Australian deep tech VC firm Main Sequence has reached a AUD 450m (USD 305m) first close on its third fund, bringing overall funds under management to about AUD 1bn.
Deal focus: Jai Kisan taps India rural resurgence
The founders of technology-enabled credit platform Jai Kisan went against the grain by forgoing urban customers and targeting India’s rural poor. A USD 50m Series B is an indicator of its progress
India rural fintech player Jai Kisan raises $50m
India’s Jai Kisan, a financial technology start-up focused on digital banking in rural areas, has raised USD 50m in Series B funding from a group including DG Daiwa Ventures and Blume Ventures.
Japan's Luca Science secures $30m Series B
Luca Science, a Japanese biotech start-up focused on dysfunctional and damaged tissues and organs, has raised a USD 30.3m Series B round led by life sciences specialists 4BIO Capital and DCI Partners.
Riverside exits Japan bicycle business to Daiwa
The Riverside Company has sold Japan-based bicycle retailer Y International to domestic private equity firm Daiwa PI Partners for an undisclosed sum.
Indonesia's Sicepat secures $170m Series B
Indonesian logistics start-up Sicepat has raised a $170 million Series B round from investors including Temasek Holdings’ growth-stage PE unit Pavilion Capital.
SSIAM, Daiwa hit first close on Vietnam fund
Hanoi-based SSI Asset Management (SSIAM) and Japan’s Daiwa Securities Group have reached a first close of undisclosed size on their third joint Vietnam private equity fund. The target is $100 million.
Japan edge computing start-up raises $19m
Idein, a Japanese start-up focused on device-level data processing technology, also known as edge computing, has raised a JPY2 billion ($19.2 million) round featuring Global Brain.
Deal focus: Delta, Daiwa target Myanmar’s PET peeve
Commercial Plastics Holding - the target of a rare Myanmar private equity buyout - is being positioned as a leader in the country's plastic bottle recycling industry