Deals
The company plans to use the funding to push into new product categories.
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V3 Ventures leads $3m funding in Scrubsy, and other India deals
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Editor's take: The week that was — Aug 10-15
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Stonepeak’s second Asia infra fund reaches 50% of target corpus
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Brookfield forays into Japan housing market with $627m deal
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Anthropic's IPO valuation rests on $190-200b revenue forecast for 2028
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Beyond the Buyout: India’s hospital gold rush has a valuation problem
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SoftBank sells down stake in TSMC, buys into Capital One
Analysis
This edition features monthly startup fundraising data from India, Greater China and SE Asia.
Private Equity
Launched last year, the fund has raised about $2 billion so far.
It acquired a portfolio of rental apartment buildings across four of Japan’s major urban centres.
The projection dwarfs the $47 billion revenue “run rate,” reflecting the firm’s current pace of business.
Greater China
Unitree’s IPO was more than 8,000 times oversubscribed by retail investors.
It sold 71.5% of its stake in the firm for $269.8 million.
India
The hospital chain raised about $20 million from Lightrock (formerly LGT Lightstone Aspada) in 2019.
Overseas investors can submit KYC forms and supporting documents electronically.
Z.ai said it would release GLM-5.3 publicly in about two weeks after completing security assessments.