Investment
Nirvana Asia

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

500 Startups Vietnam to launch US$100K investment accelerator programme in partnership with South Korean...

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

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.
MAS

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.
Siri Ventures

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

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
IHH Healthcare

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.
The Praxis Company

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

SGInnovate announces three new investments in deep tech

The three deep tech startups invested are Horizon Quantum Computing, Involt, and Portcast.
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