Venture Capital
The VC firm recently hit first close of its third fund, securing $40m commitments.
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SoftBank's Q1 earnings to put AI funding plans to test
2
Indonesia’s Waresix raises $27.4m from existing backers, filings show
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HSBC beats H1 profit estimates, resumes $1b buyback
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Shein eyes up to $40b valuation in August Hong Kong IPO
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SEA Digest: McEasy bags funding; Eftsure forays into Singapore
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Editor’s Take: The Week That Was—July 27-August1
Deals
The startup raised $234 million in the first close of its $300-million Series B round in June.
The partnership will boost Kaapi Machines’ product range and operational capabilities.
Private Equity
The fundraising will be executed via a combination of equity shares and fully convertible warrants.
Climate Tech & ESG
Revenue surged about 90% while expenses rose 54%.
IPOs & Markets
KKR-backed Vertical Holdings II will sell shares worth $209.5 million in the IPO.
The lender committed $30m to Redcliffe Labs earlier this year.
The shares set aside for retail investors were subscribed only 0.93 times.
The round is likely to see participation from existing backers such as Glade Brook Capital and General Catalyst.
The funding also saw participation from existing investor Rainmatter by Zerodha.