Vietnam

Editor’s take: The week that was — Dec 4-9

This edition features the monthly startup fundraising review and trends from India and Greater China.

That brings Bain Capital’s total investment in the firm to $250 million.

Qarbotech’s round included innovation grants from Temasek Foundation and Khazanah’s Dana Impak.

The loan will be used by VinFast to establish lithium-ion battery manufacturing facilities in Vietnam.

The past week saw several fundraisings and deals in the climate sector.

Aquatech platform Tepbac issued shares to investors, including Aqua-Spark and AgFunder.

The VC firm also announced a co-investment partnership with Tekton Ventures.

The startup raised $3.7m from local and international investors last year.

The new fund will continue its predecessor thesis of backing local mid-sized firms in consumer sectors.

The healthtech sector has defied the wider dealmaking slowdown in the first nine months of 2023.