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Singapore’s Sirius Venture invests US$3 million in Israeli food tech startup SuperMeat
The Israeli startup develops clean meat which are produced using growing cells painlessly extracted from a chicken.
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Allianz to acquire Sri Lanka’s Janashakthi General Insurance in US$106 million deal
Allianz has entered into an agreement with Sri Lanka’s Janashakthi Insurance Co. PLC to acquire its subsidiary Janashakthi General Insurance Ltd.
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Lotte Accelerator to invest in more Vietnamese startups in 2018
The funding scheme is expected to encourage young companies and scale up more quality startups.
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Vietnam Rubber Group IPO raises US$57.7 million, falling short of Hanoi’s target
Vietnam Rubber Group (VRG) was only able to sell 21 percent of the total shares offered in the IPO on Friday.
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Love, Bonito secures US$13 million in Series B funding from Kakaku, NSI Ventures
Love, Bonito will use the funding to strengthen its omni-channel strategy to become Asia Pacific’s leading women’s lifestyle brand.
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Vietnamese PE Mekong Capital completes exit from MobileWorld
The Vietnamese private equity firm exits MobileWorld with an IRR of 61 percent.
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PetroVietnam to divest 30% from energy subsidiary PV Gas
PetroVietnam looks to sell 30% of its stake in PV Gas to a strategic partner within the next 2 years.
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Naluri raises US$258k seed round from BioMark, 500 Startups
Naluri Hidup is a business-to-business platform that connects employees with health psychologists, in an effort to promote the journey towards a healthy lifestyle.
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Vertex Ventures to lead US$5.1 million Series A in Malaysian Retail Solutions Startup StoreHub
StoreHub will use the funding for talent acquisition, product development, and expansion across Southeast Asia
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Thai Beverage firm Malee to acquire 65% stake in Vietnamese Long Quan Safe Food
Malee regional expansion continues with Vietnam acquisition.
