Investment
-
CVC to Explore US$1.8 Billion Sales of Malaysia-based Funeral Group Nirvana Asia
The deal for Asia’s largest funeral service provider is said to be worth between US$1.5 to US$2 billion.
-
500 Startups Vietnam to launch US$100K investment accelerator programme in partnership with South Korean GS Shop
The new accelerator programme for 2019 has a total investment of US$100K, which will be used to support three batches of Vietnam-connected startups.
-
Singapore’s ICT Fund to launch US$100 million second vehicle in 2019
ICT Fund II will add another 12 to 14 enterprise technology firms across Southeast Asia into its portfolio.
-
Singapore’s EDBI joins US$90 million funding round in US startup Pindrop
Pindrop said it would use the latest funding to boost its European expansion plans and its drive into IoT.
-
Singapore MAS launches US$22 million Cyber Security Fund targeting financial sector
Monetary Authority of Singapore’s new S$30 million grant is intended to boost the country’s cyber security capabilities in the financial sector.
-
Sansiri’s Siri Ventures makes investments in US VC Fifth Wall and two Singapore Startups
Siri Ventures also plans to invest 600 million baht (about US$18.29 million) next year into startup and innovation technology to support the proptech sphere.
-
Golden Gate Ventures Opens KL Office, Commits US$18 million for Malaysian Startups
Golden Gate Ventures (GGV) made the move to expand and solidify its regional footprint in Malaysia
-
Khazanah to sell stake in IHH Healthcare to Mitsui for US$2 billion
The proceeds raised will be used for new investments and capital requirements.
-
Singapore Gamification Startup The Praxis Company secures US$3 million from Triple P Capital
The investment will fuel development in the Praxis Company’s existing markets of the Philippines, Singapore, and Thailand as well as expansion into Vietnam and Malaysia.
-
SGInnovate announces three new investments in deep tech
The three deep tech startups invested are Horizon Quantum Computing, Involt, and Portcast.
