Investment

Panasonic launches new VC arm with US$100 million corpus

OneSmile app combines various features, existing platforms and functions in one app,

Bangkok Bank announces International Fintech Accelerator in collaboration with Nest

Thailand's largest commercial bank is on the hunt for startups with fresh ideas through the launch of a new accelerator programme in collaboration...

Life.SREDA, MDEC in strategic partnership to launch US$20 million joint fintech...

Life.SREDA, a Singapore-based venture capital (VC) firm with Russian origins, made an announcement that it has entered into a strategic partnership with Malaysia Digital...

Sequoia China, CMC Holdings to establish sports investment fund

Sequoia Capital China and China Media Capital (CMC) have jointly established a sports investment fund to back and consolidate global premium sports assets. The two...

Carlyle to launch new fund backed by IFC, targeting US$1 billion...

The Carlyle Group, a US-based private equity firm is raising US$1 billion under its Asian growth fund to further expand its investment portfolio in...

Darma Tech Labs, operator behind Makers Boot Camp accelerator to launch...

Drama Tech Labs, the operator behind Makers Boot Camp has agreed to establish an investment fund with Kyoto Bank to support IoT startup.

Baidu said to make US$100 million investment in Chinese electric car...

Internet giant Baidu reportedly plans to invest about US$100 million in NextEV, a high-end electric car manufacturer founded in Shanghai in November 2014. The alliance is intended to boost Baidu’s faltering autonomous driving business.

Malaysian Khazanah Group back SD-WAN startup VeloCloud in US$35 million round...

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.

Malaysian Cradle Fund unveils DEQ800 to diversify investment strategy for a...

Malaysian startup fund Cradle announces a new investment product known as Direct Equity 800 (DEQ800) which is prepped for a maturing local startup ecosystem.

Formation Group raised US$357 million for debut fund to invest in...

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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