World
Hex is valued at $1.2 billion.
1
Ares wary of AI chip financing over GPU depreciation risks
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India: One Planet Partners launches maiden PE fund backed by Japan’s SMTB
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GoTo posts third straight quarterly profit even as commission cap hits mobility services
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India Digest: Ace Blend, Venttup raise funding
5
India: Piramal Alternatives invests $14m in precision manufacturer Q&Q Solutions
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Malaysia’s Sunway Group said to be leading race for Pharmaforte stake
Less than 20% of boom-era startups graduate to Series B in SE Asia
Fintech firm Fingular secures $20m credit facility for Malaysia expansion
Hesai founders’ Sharpa bags $670m, unveils fully automated robot restaurant
Asia Digest: Vingroup plans $500m PH manufacturing hub; Keppel seeks $1b for Vietnam investments
Singapore
DealStreetAsia earlier reported that Stryv was exploring a potential listing.
The round was anchored by top Australian VC firm Blackbird.
India
The firm is in talks to invest in ASTRM Intelligence Labs.
The fundraise will include a mix of equity and debt.
CureBay has raised Rs 100 crore ($10.5 million) led by IvyCap Ventures.
Greater China
The round was anchored by Boyu Capital.
The round was backed by Wavemaker and ADB Ventures, among others.
Malaysia
The new GPs are SG-based Sitara Capital and Malaysia’s Bintang Capital.
MHX Technology has entered into agreements to raise $150m from the parent company.
