The vehicle is anchored by a commitment from the Green Climate Fund.

The round also facilitated the exit of some early investors.

The fund targets early-stage deals across education, healthcare, logistics, digital infrastructure, and renewable energy.

Hybrid healthcare—combining digital access with physical infrastructure—holds potential.

Source Code Capital, the venture capital (VC) firm behind ByteDance and Meituan, has raised $600 million for its dual-currency growth funds to focus on thematic opportunities around China’s artificial ...

Private equity major KKR is providing a $750-million loan to Indonesia-based Chandra Asri Group to fund its acquisition of ExxonMobil’s Esso-branded retail fuel station network in Singapore. The ...

The firm initially targeted $20m for the second fund but expanded the hard cap to $25m.

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WeRide and Grab have secured approval to test the full Ai.R autonomous vehicle fleet in Punggol, while ADIO and DiDi Autonomous Driving are partnering to accelerate smart mobility in the Middle East.

Malaysia’s Apex Healthcare Bhd has received a conditional voluntary takeover offer from a vehicle co-controlled by Quadria ...

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Indonesia-based VC firm East Ventures is preparing to raise a new fund, East Ventures 10 LP, according to its filing with the US Securities and Exchange Commission. The total amount intended to be ...