Deals
This brings the Tokyo-based startup’s total funding to 6.96 billion yen since inception.
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Vertex Growth leads X Mile's $22m Series C round to expand AI, M&A
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Hero, Cap Alpha co-lead $6.8m funding in Vaaree, and other India deals
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People Digest: SeaX Ventures, Sygnum announce key hires
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SoftBank's Q1 earnings to put AI funding plans to test
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Indonesia’s Waresix raises $27.4m from existing backers, filings show
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Editor’s Take: The Week That Was—July 27-August1
The fresh capital will fund fulfillment expansion and investment in AI-led discovery tools.
People
SeaX Ventures has appointed Desney Tan as venture partner, while Sygnum has named Reto Marx as Singapore CEO.
Analysis
SoftBank has become one of the biggest backers of OpenAI.
The capital was raised from existing investors including Granite Asia, Jungle Ventures, and East Ventures.
Greater China
It posted a pretax profit of $19.5 billion for the first six months of this year.
The deal could be launched in mid-to-late this month.
Indonesia
Integra Partners led the equity portion of the round, while InnoVen Capital provided venture debt.
Singapore
Sqreem’s total paid-up capital since inception now stands at $50.6m.
Wealth managers are rethinking how to construct portfolios amid heightened volatility.
