Rest of Asia
With the new vehicle, ZVC will strengthen its global investment efforts.
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China's WuXi Biologics to sell Ireland vaccine unit to Merck for $500m
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Patrick Walujo vows to continue as GoTo CEO till 2029
3
India's space industry funding falls 55% in 2024
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After year of big corruption crackdown, China vows more probes, retribution
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China's Geely Holding aims to sell over 5m units annually by 2027
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Shrinking middle class prompts Indonesian VCs to rework strategies
SG data centre provider Digital Edge secures $1.6b in fresh funding
Climate tech sector braves SE Asia’s funding winter
10 startups that beat all odds to enter unicorn club in China in 2024
Creador buys majority stake in Indonesian B2B hospitality firm MG Group
India
The early-stage VC is currently on the road to raise its second fund.
Greater China
The new financing consists of two tranches.
Reusable rocket maker LandSpace and satellite manufacturer Genesat raised funds.
The battery EV maker had raised $1.1b in the first tranche of the round in March 2024.
World
Bitcoin has surged more than 120% this year, while ether has jumped 50%.
The space regulator has received nine applications, representing 30 companies.
Vietnam
Aiviet Venture and Conservation Vietnam also invested.
EPACK Prefab bags $20 million in its first funding round from GEF Capital Partners.
One of the pain points in Asia is “access to capital”, said David Harrity.