Venture Capital
The funding was led by China-focused venture capital firm MPCi.
1
HK-based Tripo AI-developer VAST raises $446m
2
Malaysia's nSWX, SG's Laters.com bag funding and other SE Asia deals
3
VKTR signs term sheet with Danantara for up to $112m financing
4
Indian data centre operator Yotta targets 2027 IPO, seeks up to $1.5b
5
SoftBank-backed SB Energy files for US IPO as AI turbocharges infrastructure demand
More Stories
Shell weighs potential $1b sale of Malaysian facility
500 Global said to wind down standalone SE Asia investing, shift focus to global funds
Tier-II healthcare founders more frugal than their metro peers: Somerset
IFC weighs $80m investment in Indian lender IDFC First Bank
Two speeds define SE Asia’s private capital funds market
nSWX has raised $2m in seed funding led by Tin Men Capital.
Analysis
VKTR plans to use the proceeds for the procurement of electric buses and trucks.
IPOs & Markets
Proceeds will be used to repay debt, buy GPUs and expand sovereign cloud infra.
Nvidia has committed to invest $1.5 billion.
Greater China
Susquehanna becomes the latest global trading firm to tap HK as a gateway to trade in Chinese markets.
Its stock tanked by as much as 10% on Tuesday.
Singapore
STTGDC will retain its existing management and strategy following the transaction.
WT Micro had launched the two sales, citing term sheets.
Malaysia
The business comprises CA Flavor, Orion Food, Mark’s Food Solutions and SC Food.
