Singapore
Thes startup secured funding from five investors.
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Greater China
Qiming had raised $2.5 billion for its fund, Qiming Venture Partners VIII, in July 2022.
The funds will focus on thematic opportunities around China’s AI and going-global mega trends.
Indonesia
The firm has so far raised nine funds focusing on Southeast Asia.
This is the CVC’s first office in Asia.
The funding round was anchored by US-based Pebblebed Ventures.
World
The Series A round values the company at $740m.
The fund will target global companies adopting technologies in AI, digital assets, cybersecurity, and tokenisation.
It has reached the final closes of its second US dollar fund and maiden Chinese yuan fund.
Investment will speed up the company’s expansion in Japan, says CEO Rohit Jha.
