Deals
The fund targets climate adaptation financing for MSMEs.
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Investors warn mega-cap concentration as AI capex faces reality check
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Japan's Sojitz to acquire 5% of Masan's tungsten producer
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SoftBank, ABB explore China carve-out to salvage robotics deal
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IFC likely to invest up to $90m in Navis Capital's ninth fund
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Binance CFO Kaiser Ng steps down, Justin Yek named new finance chief
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Northstar closes maiden VC fund at $140m with support from existing LPs
IFC investing $50m in A.P. Moller’s latest emerging markets infrastructure fund
India’s B2B marketplace Udaan raises $340m, eyes public listing
Chinese AI video generation startup Sand.ai enters unicorn club after $200m round
IFC mulls $17m investment in fund targeting Asian women-led businesses
Analysis
The report tracked 393 companies that raised Series A between 2021 and 2023.
The facility is initially expected to produce 200,000 vehicles annually.
Interviews
The pre-owned electronics retailer recently raised a $4m Series A led by Foxmont.
“Founders end up designing for the weakest phone in the market,” said Jelmer Ikink.
A roundup of the week’s news breaks, funding updates, interviews and more.
Mynt raised around 60.9 billion pesos ($960 million) in Philippines’ largest IPO.
Finsso has also signed a loan referral agreement with Bank of Makati.
An Enos vehicle received $6m worth preference shares from Enstack—the largest allotment.
PhilJets is an aviation services provider in the Philippines.