Rest of Asia
Choco Up plans to power asset-light businesses across APAC where it sees a $2t funding gap.
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Editor’s Take: The Week That Was—Mar 24-30
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Investors focus on business fundamentals, not the founder's gender: Addlly AI
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EQT closes its flagship infrastructure fund VI at $23.3b
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Blackstone mulls minority investment in TikTok's US operations: report
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OpenAI must complete for-profit transition by year-end to raise full $40b
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Greater China
ADM Capital is in the market for at least two funds with a combined target of $500m.
Singapore
“Venture equity lays the foundation, venture debt accelerates growth.”
India
The latest investments bring the fund’s total close to $150 million.
Malaysia
The fund secured its first close of $135m in Dec.
Atome Financial said it had achieved full-year profitability in 2024.
It sees opportunities in the industrial decarbonisation and mobility sectors.
The fund hit its first close in June and expects to close it in Q3 2024.
The fund has secured commitments worth nearly 50% of its initial target.
The news comes five years after the launch of its first new infrastructure fund in 2020.
