Greater China
The firm secured $2.5 million in a seed funding round from the AEF Greater Bay Area Fund in August 2023.
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Saudi Aramco signs development deal with Chinese EV giant BYD
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Thailand's CP Foods to buy Itochu's stake in CP Pokphand for $1.1b
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IFC mulls $40m equity investment in India's Home First Finance
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India
Garuda Aerospace has raised $11.6 million in its Series B funding round.
World
Seveno Capital has led A Cabin Company’s pre-seed funding round.
Singapore
GTR Ventures led DutyCast’s latest funding.
Rest of Asia
The round, led by Hashed, was joined by Mirae Asset Venture Investment and Global Brain.
Indonesia
The round was anchored by MSW Ventures through MWS V Asia Fund X.
Semaai last raised $4.7m over a year ago led by Tokyo-based CyberAgent Capital.
Moom Health’s pre-Series A round was led by Wipro Consumer Care Ventures.
Twenty PE-VC firms raised capital from LPs in Q1 2025, compared with 17 in Q1 2024.
The inception of Fund II comes over three years after HIC’s $25m inaugural fund.