Temasek Holdings-owned Azalea Investment Management is further expanding retail exposure to private equity through its latest issue of bonds – worth USD 754m in total – backed by LP interests in funds.
SBI Ven Capital (SBIVC), an ex-Japan VC arm of SBI Holdings, is seeking USD 75m for its latest fund in partnership with Korea’s Kyobo Life Insurance and Singapore’s Nanyang Technological University.
Singapore-based VC firm Antler has committed to investing USD 100m in more than 300 Southeast Asian start-ups by 2025.
Jungle Ventures has reached a final close of USD 600m on its fourth flagship Southeast Asia VC fund. The initial target was USD 350m.
Apis Partners has invested an undisclosed sum in DT One, a Singapore-headquartered B2B digital micropayments platform with a global customer base.
Mithril Capital, a VC firm launched by PayPal co-founder Peter Thiel, and BlackRock have provided USD 110m in growth funding to Singapore and US-based robotics player GreyOrange.
Jennifer Buckley spun out the Southeast Asian gender-lens investment unit of impact private equity firm SEAF last year, forming Sweef Capital. Adding to the complexity, it happened mid-fundraise
Singapore’s Supabase, a software-as-a-service (SaaS) and IT provider for app developers, has confirmed a USD 80m Series B round led by Felicis Ventures.
Singapore-based crypto platform KuCoin has raised USD 150m in pre-Series B funding from an investor group featuring IDG Capital and Matrix Partners, claiming a valuation of USD 10bn.
Singapore’s Good Startup, a food technology investor focused on alternative protein, has closed its debut VC fund with USD 34m in commitments.
Singapore’s Fullerton Fund Management has tokenised its latest private equity fund-of-funds, allowing for a minimum commitment size of USD 10,000.
Wellington Management has recruited Xiaying Zhang, formerly head of Hamilton Lane’s Singapore office, to lead fundraising efforts for its private investment strategies in Asia Pacific.
Resolution Ventures, a Singapore-based financial technology investor set up last year, has reached a first close of undisclosed size on its debut Southeast Asia seed fund. The target is USD 20m.
Having started a Southeast Asia specialist, MassMutual Ventures has broadened its regional coverage to include everything outside of China. Europe is also part of the equation for Fund III
Singapore-based e-scooter rental start-up Neuron Mobility has raised USD 43.5m in Series B funding co-led by GSR Ventures and Square Peg Capital.
RVAC Medicines, a Singapore-based company involved in developing messenger RNA (mRNA) vaccines for COVID-19, has closed a Series B round that takes its overall funding to USD 140m.
Vulcan Capital, an investment vehicle established by Microsoft co-founder Paul Allen, has led a USD 65m Series B round for Singapore-based social music platform BandLab.
Biofourmis, a Singapore founded and now US-based operator of a health analytics platform, has achieved unicorn status with the closing of a USD 300m Series D round led by General Atlantic.
The International Finance Corporation (IFC) has proposed a USD 10m commitment to Singapore-based Circulate Capital’s second fund dedicated to reducing plastics pollution.
Venturi Partners, a consumer-focused investment firm established by a former Verlinvest executive in Asia, has led a USD 55m Series C round for Believe, a Singapore-based consumer products company aimed at Muslim consumers.
Morgan Stanley Private Equity Asia (MSPEA) as agreed to buy Northstar Group’s majority stake in APAC Realty, a Singapore-listed real estate services company in Asia, for SGD 129.5m (USD 94.2m).
Singapore-based Coda Payments, a financial technology start-up that helps digital content providers accept payments, has raised USD 690m from Smash Capital, Insight Partners and GIC.
Albert Shyy, formerly head of Asia at Burda Principal Investments (BPI), the investment arm of European technology and media company Hubert Burda Media, has joined Eurazeo in Singapore.
East Ventures has led a USD 22m round for Singapore’s Parentinc, which claims that its flagship brand, theAsianparent, is Southeast Asia’s largest parenting platform.