Deals
The $103-million round was led by Airtree Ventures.
1
Australian startup Advanced Navigation hits unicorn status after Series C
2
Run Ventures leads $6.5m funding in CometChat and other India deals
3
India's BlackSoil Capital raises $22m debt from Impact Fund Denmark
4
SE Asia's coffee, tea chains enter ‘systems war’ as industry matures: report
5
KKR, Bain among suitors for Tokyo Electric's capital alliance plan
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Carsome bags $30m investment from HKIC, Gobi, Asia Partners
SATS, Japan group among bidders for Aurelius’s Asia airline catering business
GIC-backed Sunway Healthcare posts 19% revenue growth ahead of $722m IPO
The capital will be primarily deployed to fuel the CometChat AI expansion strategy.
Climate Tech & ESG
BlackSoil recently announced deploying $8.1m in Euler Motors.
Analysis
Execution at the systems level, not just expansion, will define the next generation of winners.
The utility giant has asked potential partners to submit concrete offers by the end of March.
India
KKR will take a majority stake in Allfleet and a minority stake in PMI Electro.
Singapore
Asia’s compute-energy crunch is throwing open a new playbook for VCs.
The round closed at $80 million.
Malaysia
The company raised 3.3 billion ringgit ($843 million) in its IPO on Bursa Malaysia.
Aurelius took full ownership of the company three years ago.