Investment
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Capria Ventures to launch 7 impact investment funds targeting Southeast Asia over the next five years
Capria is looking to establish connections with local fund managers in emerging markets such as the Philippines, Indonesia, Vietnam, Myanmar and Singapore.
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500 Startups to target 100 Indonesian startups with latest Durian Funds II
500 Startups appoints Malaysian actor Ashraf Sinclair, who has been working and residing in Indonesia as a new venture partner.
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Vietnam’s Ben Thanh Jewelry secures US$7.6 million from Mekong Capital to launch PRECITA
Following the deal, Chris Freund, the founder of Mekong Capital will enter Ben Thanh Jewelry’s as the new chairman,
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IFC to invest US$10.2 million in Vietnam agribusiness PAN Farm
IFC’s investments in PAN Farm will support its expansion of seed production and new export of flower and vegetable operations.
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NRF Singapore sets up Data Science Consortium and AI program with US$107 million investment for the next five years
Both initiatives are aimed to bring together the government, academia, research institutes and industry to develop artificial intelligence capabilities in frontier technologies.
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Bank of Ayudhya launches US$30 million venture capital fund, Krungsri Finovate to invest in fintech firms
Krungsri bank follows the footsteps of Siam Commercial Bank and Kasikorn Bank, joining the bandwagon for fintech investment.
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Indonesia’s pastry shop chain, The Harvest secures eight-digit investment from Falcon House Partners
The Falcon House Partners typically invest in the US$15 to US$20 million range.
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Solar power firm Jinko Malaysia receives US$60 million investment from IFC
The capital raised will be used to support the firm’s technology investment as well as to fund related working capital for its existing production facilities in Penang.
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REAPRA targets to invest US$46 million in Southeast Asia this year
REAPRA Pte Ltd, an active business builder is planning to invest up to US$46.6 million (about S$65 million) in Southeast Asia this year. REAPRA’s CEO Shuhei Morofuji and CFO Takeo Matsuda, along with REAPRA’s chief…
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Singapore’s seed stage investor SeedPlus raises an oversubscribed first seed stage fund at US$18 million
Jungle Venture’s SeedPlus is an early stage vehicle and will focus on deals in Asia within the range of US$360K to US$720K.
