Investment
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Malaysian Khazanah Group back SD-WAN startup VeloCloud in US$35 million round led by PE Hermes Growth
Telstra and Cisco are also among the backers in VeloCloud’s $35 million Series D round, which will be used to support larger enterprise and carrier deployments.
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Malaysian Cradle Fund unveils DEQ800 to diversify investment strategy for a maturing startup ecosystem
Malaysian startup fund Cradle announces a new investment product known as Direct Equity 800 (DEQ800) which is prepped for a maturing local startup ecosystem.
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Formation Group raised US$357 million for debut fund to invest in early and growth stage companies
Formation Group has recently raised US$357 million of commitments for its Formation Group Fund 1 which will be investing in a concentrated number of early and growth stage companies.
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IFM Investors to acquire minority stakes in Australian fashion handbag and accessories retailer Colette by Colette Hayman
IFM’s private equity arm has acquired a significant minority stake in Collete by Collette Hayman, an Australian retailer of handbags and fashion accessories.
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Temasek unit Heliconia launches US$422 million International Partnership Fund to help Singaporean firms expand globally
International Partnership Fund, hereby known as IPF has been launched in government capital and managed by Temasek’s private equity unit, Heliconia to help local firms acquire regional peers.
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Indonesian Kejora Ventures announces first close of US$80 million fund for growth-stage startups in Southeast Asia
Indonesia-based VC firm Kejora Ventures has announced on Wednesday news regarding the first close of its Kejora Star Capital II Fund, which is targeted at US$80 million for investments in Southeast Asia. Kejora, which is…
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Vietnamese angel investors launch US$5 million Innovatube Fund to focus on frontier tech
Redefining itself as a venture capital firm, Innovatube, a startup incubator with branches in Vietnam, Singapore, Hong Kong, and the United Kingdom, has initiated a US$5 million pre-seed fund for Southeast Asian startups. Innovatube Fund…
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IFC to invest US$20 million in China’s Qiongzhong Rural Credit Cooperative
International Finance Corporation (IFC), the private lending arm of the World Bank, has made an investment of RMB130 million (about US$20 million) in China’s listed bank Qiongzhong Rural Credit Cooperative (RCC). As per an IFC’s…
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China’s JoyMe, Kee Ever to set up US$360 million M&A fund to acquire oversea video game companies
China’s JoyMe and Kee Ever to set up a US$360 million investment fund to acquire oversea game companies.
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CapBridge and Gordian Capital to launch US$100 million rules-based CapBridge Investment Trust to invest in private securities
Singapore’s CapBridge and Gordian Capital has formed a partnership to launch CapBridge Investment Trust (CIT), a rules-based investment trustr for private securities that has just launched.
