Investment
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Malaysian Dairy Firm The Holstein Milk Company to receive investment from Dymon Asia
The capital will help THMC expand its milk production capacity and strengthen its foothold in Australia.
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Singapore VisVires New Protein Capital to co-lead US$10.6 million round for Mitte
Mitte is the first of its kind smart home water system that turns plain tap water into mineralized water at home.
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Krungsri Finnovate makes investment in Artificial Intelligence and Blockchain
The venture capital fund has made an undisclosed investment in Japan’s SBI AI & Blockchain fund.
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Vietnam’s Online Real Estate Startup Homedy raises funding from three foreign funds
Homedy.com is a listing-based website in the real estate sector, which has recently completed a round of fundraising from three Japanese and Korea funds.
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Golden Equator Capital, Korea Investment raises US$88 million fund to invest in Southeast Asian startups
The average ticket size of the vehicle will be between US$1.5 million and US$3.7 million with potential for follow on investments.
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3B Ventures sets up new US$60 million fund for impact investing in Southeast Asia
The Danish venture capital firm will target startups that are aiming to solve at least one of the 17 issues included in the United Nations Sustainable Development Goals.
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Thai billionaire increases stake ownership in Vinamilk to 21 percent
F&N Dairy Investments plans to purchase an additional 14.5 million shares to increase its stock ownership to 21 percent.
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Japan’s Taisho to increase stakes ownership in Vietnam-listed DHG Pharma to 32 percent
This will cement the Japanese pharmaceutical company’s position as the 2nd major shareholder in DHG Pharma.
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Singapore’s Digital Lender AsiaKredit to secure funding from SIG Asia
The investment will be used to fund loan capital as well as to enhance its proprietary technology platform, underwriting and the development of new products.
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JLL and Lendlease launches proptech accelerator Propell Asia
Propell Asia will be a regional accelerator focusing on property technology (proptech) startups in Southeast Asia.