Indonesia
The announcement confirms DealStreetAsia’s report in September.
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Singapore
Ada Ventures, Delphinus Venture Capital, Antler, and Manigoff Invest invested in the startup.
India
The venture capital firm is looking to raise $100-120 million for Fund III.
Greater China
Startups based in Greater China raised nearly $7.4 billion in April across 235 deals.
TRIREC is one of SE Asia’s earliest investors in decarbonisation technology.
Rest of Asia
Turkish asset manager Arz Portföy also participated in the funding round.
Thailand
Stellaris Venture Partners and Plug and Play Ventures also backed the round.
Panther Mountain Capital acquired Heliconia’s shares.
WeWin fund will look at investing from the idea to the pre-Series A stage.
The final corpus could be about $150m, sources said, against a target of $180m at launch in 2023.
