Asia

Daily Deal Round Up: May 11, 2021
Bertelsmann helped crypto financial service provider Babel Finance close a $40m series A round while Blind raised $37m from investors including Cisco.
Rising Stars Q&A – Erning Cao, EVC
Q&A with Erning Cao, investment director, Evonik Venture Capital
Ane Logistics announces Hong Kong IPO
The LTL shipping network operator is reportedly targeting $500m in the listing, which would enable corporates Ping An and Yili to exit.
Sirclo secures $45m in series B3 round
The e-commerce software provider received funding in a round led by Sinar Mas subsidiary SMDV at a reported $116m valuation.
Daily Deal Round Up: May 10, 2021
Legend Holdings' Legend Star unit led a round for optical chip producer Turing Quantum sized above $15m while several Japanese companies also raised money.
Waterdrop mops up $360m in IPO
The Meituan Dianping, Tencent and Swiss Re-backed health insurance marketplace operator priced its offering at the top of its range.
Gojek calls in $300m from Telkmosel
Existing investor Telkomsel provided the cash as on-demand ride provider Gojek prepares to seal a merger with e-commerce platform Tokopedia at an $18bn valuation.
AMS takes care of over $100m
Kaiser Permanente has helped the parent company of in vitro diagnostics test provider ET Healthcare and biotechnology developer Gator Bio close its latest round.

Other News

Alebund aligns with $60m
Lilly Asia Ventures was among the investors in a series B round for the renal disease treatment developer, which it incubated in 2018.
Yikon Genomics picks up series D funding
The genome sequencing technology provider has boosted its total funding to approximately $124m, Sinopharm and China General Technology Group having backed a $38.7m round.
Valgen validates series B funding
China Life Healthcare Fund and Venus Medtech have taken part in a round for the heart valve treatment developer sized in the hundreds of millions of dollars.
Valmont to harvest Prospera in $300m deal
Tekfen Ventures, Cisco Investments and Qualcomm Ventures are set to exit the crop monitoring technology developer later this year in a deal with Valmont Industries.
Nuvei sends $250m for Simplex acquisition
Bitmain and DRW subsidiary Cumberland Mining are set to exit the crypto finance software provider five years after their investment.

Editor's Picks

Valmont to harvest Prospera in $300m deal
Tekfen Ventures, Cisco Investments and Qualcomm Ventures are set to exit the crop monitoring technology developer later this year in a deal with Valmont Industries.
Zomato sums up $1.1bn IPO plans
The food ordering app developer's largest shareholder, Info Edge, is set to sell $100m of shares in the proposed dual offering.
Grab takes reverse merger option
The on-demand ride provider, backed by more than a dozen corporates, has secured a $39.6bn initial pro-forma equity valuation in the deal.
Zhihu sees its way to $523m IPO
The online question-and-answer platform developer is going public alongside a $250m private placement featuring JD.com, Alibaba, Tencent and Lilith Games.
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