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Deals

EDBI, QIA back US-based HyperLight’s $80m Series C

The financing was led by MediaTek.

Just InTrending

1

EDBI, QIA back US-based HyperLight's $80m Series C

2

Quadria-backed HealthQuad hits $58m first close of Fund III

3

PropertyGuru's SE Asia ops swing to profit a year after EQT buyout

4

India's RMZ lines up $35b to ramp up data centre capacity

5

KKR's Asia fund set to receive $400m from Washington state investor

More Stories

1

CVC to sell 40% in PH’s Fast Group back to founding family

2

Indonesia court sentences MDI, BRI Ventures executives in TaniHub graft case

3

PIDG finances digital infra in Indonesia in novel bond issuance

4

CVC’s Phuong Chau sale draws interest from GIC-backed firm, PE giants

5

I Squared, DFC to launch $3b Asia energy infrastructure platform

Venture Capital

Quadria-backed HealthQuad hits $58m first close of Fund III

HealthQuad has also made its first investment from the fund in Lifesigns.

Earnings and Results

PropertyGuru’s SE Asia ops swing to profit a year after EQT buyout

Revenue rose 6% to S$111 million from S$104.8 million.

Deals

India’s RMZ lines up $35b to ramp up data centre capacity

It earlier announced plans to invest more than $35 billion over the next five years.

Private Equity

KKR’s Asia fund set to receive $400m from Washington state investor

The Washington State Investment Board is a returning investor in KKR.

Philippines

SEA Digest: fileAI bags investment; Novva Group to buy PH solar project

The deal marks a step in fileAI’s expansion into Japan.

World

EQT buys SpaceX’s Berlin-based satellite launch partner Exolaunch

The deal highlights strong investor interest in the space industry.

Rest of Asia

Hyundai to buy SoftBank’s remaining stake in Boston Dynamics for $325m

Hyundai Motor is expected to convene a board meeting on June 22.

Indonesia

Prabowo taps Danantara to drive agenda, testing fund’s capacity

Danantara was mandated to manage about $900 billion of state assets.

Greater China

What SpaceX IPO exclusion means for Greater China investors

China investors face the reality of a downsized USD fund era.

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