* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, August 27, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Upload Season 4 Review – yahoo.com

    Upload Season 4 Review: A Thrilling New Chapter Unveiled

    ‘The Roses’ review: Olivia Colman, Benedict Cumberbatch sparkle in dark comedy – Yakima Herald-Republic

    The Roses’ Review: Olivia Colman and Benedict Cumberbatch Shine in Dark Comedy Delight

    ‘When Calls the Heart’ Fans All Want the Same Thing After Seeing the Show’s Latest Update – yahoo.com

    When Calls the Heart’ Fans Rally Together in Excitement Over Exciting New Update!

    Quotes of the Week: Peacemaker, Project Runway, Countdown and More – yahoo.com

    This Week’s Most Memorable Quotes from Peacemaker, Project Runway, Countdown, and More!

    Drake Appears in Teaser for Bobbi Althoff’s New Podcast ‘Not This Again’ – yahoo.com

    Drake Drops a Surprise Cameo in Bobbi Althoff’s Thrilling New Podcast Teaser ‘Not This Again

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    The Role of AI and Technology in Shaping the Future of Interactive Entertainment – Technology Org

    How AI and Technology Are Transforming the Future of Interactive Entertainment

    Ten upcoming sports stadiums where technology takes to the field – Dezeen

    10 Futuristic Sports Stadiums Revolutionizing the Game with Cutting-Edge Technology

    Figure Technology Solutions, Inc. Files Registration Statement for Proposed Initial Public Offering – Business Wire

    Figure Technology Solutions, Inc. Unveils Exciting Plans for Its Upcoming Initial Public Offering

    UNLV Responds to Workforce Need with Microcredential in Nuclear Technology – University of Nevada, Las Vegas | UNLV

    UNLV Unveils Cutting-Edge Microcredential Program to Fuel Growth in Nuclear Technology

    Why Technology Will Never Take Over Completely – Patheos

    Why Technology Will Never Completely Control Our Lives

    Alcorn State awarded grant to boost STEM with VR technology – WJTV

    Alcorn State Secures Grant to Transform STEM Education Through Cutting-Edge VR Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Upload Season 4 Review – yahoo.com

    Upload Season 4 Review: A Thrilling New Chapter Unveiled

    ‘The Roses’ review: Olivia Colman, Benedict Cumberbatch sparkle in dark comedy – Yakima Herald-Republic

    The Roses’ Review: Olivia Colman and Benedict Cumberbatch Shine in Dark Comedy Delight

    ‘When Calls the Heart’ Fans All Want the Same Thing After Seeing the Show’s Latest Update – yahoo.com

    When Calls the Heart’ Fans Rally Together in Excitement Over Exciting New Update!

    Quotes of the Week: Peacemaker, Project Runway, Countdown and More – yahoo.com

    This Week’s Most Memorable Quotes from Peacemaker, Project Runway, Countdown, and More!

    Drake Appears in Teaser for Bobbi Althoff’s New Podcast ‘Not This Again’ – yahoo.com

    Drake Drops a Surprise Cameo in Bobbi Althoff’s Thrilling New Podcast Teaser ‘Not This Again

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    The Role of AI and Technology in Shaping the Future of Interactive Entertainment – Technology Org

    How AI and Technology Are Transforming the Future of Interactive Entertainment

    Ten upcoming sports stadiums where technology takes to the field – Dezeen

    10 Futuristic Sports Stadiums Revolutionizing the Game with Cutting-Edge Technology

    Figure Technology Solutions, Inc. Files Registration Statement for Proposed Initial Public Offering – Business Wire

    Figure Technology Solutions, Inc. Unveils Exciting Plans for Its Upcoming Initial Public Offering

    UNLV Responds to Workforce Need with Microcredential in Nuclear Technology – University of Nevada, Las Vegas | UNLV

    UNLV Unveils Cutting-Edge Microcredential Program to Fuel Growth in Nuclear Technology

    Why Technology Will Never Take Over Completely – Patheos

    Why Technology Will Never Completely Control Our Lives

    Alcorn State awarded grant to boost STEM with VR technology – WJTV

    Alcorn State Secures Grant to Transform STEM Education Through Cutting-Edge VR Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home News

Deals in brief: AC Ventures raises USD 210 million at final close of fifth fund, Sony scraps merger with India’s Zee, nine China deals, and more

January 23, 2024
in News
Deals in brief: AC Ventures raises USD 210 million at final close of fifth fund, Sony scraps merger with India’s Zee, nine China deals, and more
Share on FacebookShare on Twitter

AC Ventures raises USD 210 million at final close of fifth fund

AC Ventures, a leading venture capital firm in Southeast Asia, has announced the final close of ACV Capital V (ACV Fund V), its fifth investment fund, raising a total of USD 210 million after including co-investment funds.

Backed by limited partners from various parts of the world, ACV Fund V has garnered support from 90% institutional investors, with returning investors contributing over 50% of the capital. Key investors endorsing the latest fund include the World Bank’s International Finance Corporation (IFC), along with prominent financial institutions from the US, the Middle East, and North Asia.

The newly established fund has already initiated its deployment phase, leading funding rounds for companies such as Indonesian electric vehicle manufacturer Maka Motors and sustainable farming startup Koltiva, among others.

“With ACV Fund V, we are not just investing in companies with significant financial upside, but in a future where economic success and societal impact go hand in hand. … Our focus on financial returns and sustainability is not only a reflection of what is trending in the market. It is a fundamental cornerstone of our long-term investment philosophy to create significant value for all stakeholders,” said Adrian Li, founder and managing partner of AC Ventures.

Photo of Adrian Li, founder and managing partner of AC Ventures.Photo of Adrian Li, founder and managing partner of AC Ventures. In June last year, Li wrote an op-ed about the pros and cons of using China as a blueprint for success within the context of ASEAN’s digital economy. Photo from KrASIA’s archive.

According to a statement from AC Ventures, the closing of ACV Fund V signifies an important milestone in its journey, reinforcing its commitment as a “generational partner” to founders and high-potential ventures that are instrumental in driving economic and societal impact across the region, with a particular focus on Indonesia. The macroeconomic environment and digital economy of the archipelagic nation have experienced significant growth in recent years, reaching a valuation of USD 82 billion in 2023 and a projected expansion to USD 360 billion by 2030.

“Indonesia stands out as a vibrant investment hub, thriving amidst global economic shifts. Our growth is fueled by a young and growing population, rising prosperity, and a stable pro-investment government. On this trajectory, Indonesia is on course to be among the top ten largest economies in the world over the coming decade,” said Pandu Sjahrir, founding partner at AC Ventures.

Sony pulls plug on USD 10 billion merger with Zee Entertainment

Sony has abandoned plans for a USD 10 billion merger between its Indian unit and Zee Entertainment, an Indian media conglomerate, which would have resulted in one of the largest television broadcasters in India.

According to Reuters, Sony opted not to proceed with the merger due to certain unmet “closing conditions” despite engaging in “good faith discussions” with Zee. The failure to reach an agreement on an extension by the January 21 deadline was a significant factor, with reports indicating a deadlock over leadership of the combined entity.

Reportedly, Sony is seeking USD 90 million in termination fees from Zee, alleging breaches of their merger agreement and invoking arbitration for emergency interim relief. Sony anticipates no material impact from the termination on its estimates for the year ending in March, as the deal was not factored into its outlook. Zee refutes all claims made by Sony and has asserted its intention to take appropriate legal action.

Clime Capital reaches first close of second clean energy fund

Clime Capital, a Singapore-based investment firm focused on “creating positive climate action,” has reached the first close of the South East Asia Clean Energy Fund II (SEACEF II), securing USD 127 million in commitments.

SEACEF II boasts a diverse group of backers, including junior first-loss equity investors such as Allied Climate Partners, Australian Development Investments, the Global Energy Alliance for People and Planet, and Impact Assets. Additionally, the fund has attracted senior equity investors, including British International Investment (BII), the Cisco Foundation, FMO, the IFC, Norfund, REI Co-op, and Swedfund International.

Similar to its predecessor SEACEF I, Clime Capital’s inaugural fund, SEACEF II, will focus on investing in promising businesses involved in renewable energy generation, energy efficiency, electric mobility, and electrical grid solutions. The new fund will also provide additional capital to expedite the growth of Clime Capital’s portfolio companies.

According to the firm, SEACEF II represents the first blended investment fund established in Southeast Asia, aiming to provide early-stage, high-risk capital to promising businesses that contribute to the region’s low-carbon transition.

Matrixport Ventures lead USD 2.85 million investment in Veta Finance

Matrixport Ventures, the venture capital arm of crypto and financial services platform Matrixport, has led a USD 2.85 million investment in Veta Finance, an on-chain platform for margin trading of structured products (for digital assets). The round also saw participation from imToken Ventures, WT Capital, Future Money Group, and 280 Capital.

Veta Finance will utilize the capital to optimize the supply of structured products on its platform, strengthen its IT system, and support the growth of its business.

Photo of John Ge, co-founder and CEO of Matrixport.Photo of John Ge, co-founder and CEO of Matrixport. KrASIA interviewed Ge in December 2022, when he discussed the company’s stance on the future of digital assets. Photo from KrASIA’s archive.

Ayoconnect secures USD 2.5 million from Mandiri Capital Indonesia

The Indonesian B2B fintech startup has reportedly secured USD 2.5 million from Mandiri Capital Indonesia (MCI), the investment arm of Bank Mandiri, a state-owned financial institution in Indonesia.

MCI was one of the investors in Ayoconnect’s pre-Series B funding round, when the startup raised USD 10 million. That round concluded in 2021.

According to DailySocial, the latest funding round is considered a down round, as the investment amount was raised at a valuation significantly lower than the previous round, based on the price per share. The Indonesian media outlet cited data from Alternatives.pe, which is derived from regulatory filings.

Photo of Ayoconnect’s co-founders. From left to right: Alex Jatra (CFO), Jakob Rost (CEO), and Chiragh Kirpalani (COO). Adi Vora, co-founder and CTO of Ayoconnect, is not in the photo.Photo of Ayoconnect’s co-founders. From left to right: Alex Jatra (CFO), Jakob Rost (CEO), and Chiragh Kirpalani (COO). Adi Vora, co-founder and CTO of Ayoconnect, is not in the photo. Photo from KrASIA’s archive.

Namdev Finvest raises USD 15 million in Series B round

The Jaipur-based non-banking financial company (NBFC) has raised USD 15 million in a Series B funding round from BII, LC Nueva, and existing backer Incofin India Progress Fund.

Namdev Finvest focuses on lending to micro, small, and medium enterprises (MSMEs). It intends to utilize the capital to expand its range of products, develop its technology stack, and extend its market reach. —VCCircle

Recent deals completed in China:

Lingdong Technology, a Hangzhou-registered developer of thermal management systems for new energy vehicles, has raised an eight-figure RMB sum in an angel funding round led by Sequoia China Seed Fund with the support of Capital Wings, 100Summit Partners, and PXI Auto Components. Lingdong will utilize the funds for technology R&D, team building, and the construction of its production line. —36Kr`
Forsense Technology, a Shanghai-based provider of micro-electromechanical system (MEMS) inertial navigation sensors and integrated navigation solutions, has secured an eight-figure RMB sum of Series A funding from SR Capital and existing investor Atom Ventures. The funds will be used for product R&D, team building, and the construction of a new facility. —36Kr
Dearer Medical, a Shanghai-headquartered contact lens manufacturer, has secured an undisclosed amount of Series C funding in a round led by Hidea Venture Capital Management. Existing investor Legend Capital Management participated in this round. The funds will be used for product R&D, team building, and the construction of a new facility. —36Kr
SunwaySemi, a Dongguan-headquartered company specializing in chip inductors, has bagged RMB 40 million (USD 5.6 million) in a Series A funding round led by Royal Capital. Hygoal Capital and Fellow Partners participated in this round, while Index Capital served as the exclusive financial advisor. Royal Capital will assume control of SunwaySemi following the completion of this round. —36Kr
Reen-Agr Biotechnology, a phage therapeutics company, has completed an initial and extended round of angel funding, led by Zhengxuan Investment and CDH Investments (Venture and Growth), respectively. CD Capital was a participating investor while WinX Capital was appointed as the long-term financial advisor. Reen-Agr will utilize the funds for product R&D and the expansion of its market channels. —36Kr
Soonion Technology, a Chengdu-registered communication technology company, has banked RMB 250 million (USD 35 million) in a Series B funding round that saw the participation of various investors, including SDIC Venture Capital, Landstone Capital, Shanghai SIIC Fund Management, Yinxinggu Capital, ZJU Joint Innovation Investment, and Junyuan Capital. —36Kr
Luxet, a Suzhou-registered provider of nano-optical sensing and detection solutions, has secured an eight-figure RMB sum in a Series A funding round from IDG Capital, Flyfot Ventures, and Suzhou High-tech Venture Capital Group. Kunyuan Capital was appointed as the financial advisor for this round. —36Kr
Digital Precision Medicine (DPM), a developer of medical imaging and surgical navigation equipment, has bagged over RMB 200 million (USD 28 million) in a Series C funding round led by Daohe Healthcare Private Equity Fund Management. Huiding Investment and Rising Capital contributed to this round. China Renaissance was appointed as the exclusive financial advisor. —36Kr
Laser X Technology, a Shenzhen-registered equipment and solutions provider for the optical communication and semiconductor sectors, has raised close to RMB 100 million (USD 14 million) of Series B funding from China Fortune-Tech Capital, Value Capital, Shenzhen HTI Group, and other unnamed investors. Laser X will use the capital to expand its team and develop new products. —36Kr

xAI, Tumodo, Bluesheets, and more led yesterday’s headlines:

xAI, an artificial intelligence company founded by Elon Musk in March 2023, reportedly secured USD 500 million in commitments from investors. Musk responded on social media, claiming that the report was “fake news.”
Tumodo, a Dubai-based B2B travel platform, raised USD 35 million in a pre-seed funding round jointly led by various MENA-focused angel investors.
Bluesheets, a Singapore-based developer of AI-powered financial automation software, reportedly raised capital in a Series A funding round from Insignia Ventures Partners, Kistefos AS, 1982 Ventures, and KipleX, among other investors.

If there are any news or updates you’d like us to feature, get in touch with us at: [email protected].

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : KrAsia – https://kr-asia.com/deals-in-brief-ac-ventures-raises-usd-210-million-at-final-close-of-fifth-fund-sony-scraps-merger-with-indias-zee-nine-china-deals-and-more

Tags: briefdealsnews
Previous Post

Baichuan says its new API can greatly reduce the cost of customizing large language models

Next Post

The two lifelines that helped Nio pull through its toughest times

Researchers Build Real-World External Control Arm to Accelerate HER2+ Breast Cancer Drug Development – OncLive

Researchers Build Real-World External Control Arm to Accelerate HER2+ Breast Cancer Drug Development – OncLive

August 26, 2025
Stellantis paid $190.6 million in U.S. fuel economy penalties this year – Automotive News

Stellantis Hit with $190.6 Million in U.S. Fuel Economy Fines This Year

August 26, 2025
Upload Season 4 Review – yahoo.com

Upload Season 4 Review: A Thrilling New Chapter Unveiled

August 26, 2025
Hawaii Health Officials Say Lahaina Is Safe After 2023 Fire, but Tests Show Heavy Metal Exposure – U.S. News & World Report

Hawaii Health Officials Say Lahaina Is Safe After 2023 Fire, but Tests Show Heavy Metal Exposure – U.S. News & World Report

August 26, 2025
‘It’s a trap’: Trump mocks Chuck Schumer, Dems for stepping on political land mines – Fox News

‘It’s a trap’: Trump mocks Chuck Schumer, Dems for stepping on political land mines – Fox News

August 26, 2025
2025 Tahoe Co-Lab takes a deep dive into the ecology of the lake – University of Nevada, Reno

Unveiling the Hidden Wonders of Lake Ecology: A Deep Dive into the 2025 Tahoe Co-Lab

August 26, 2025
Vibe coding startup CEO says a computer science degree is no longer the ‘entry ticket’ to a career in tech – Business Insider

Tech Startup CEO Declares Computer Science Degrees Are No Longer the Gateway to Tech Careers

August 26, 2025
Scientists crack a 60-year-old quantum mystery – ScienceDaily

Scientists crack a 60-year-old quantum mystery – ScienceDaily

August 26, 2025
7 boomer habits Gen Z mocks publicly but secretly respects – VegOut

7 Boomer Habits Gen Z Publicly Mocks but Secretly Admires

August 26, 2025
Solar Power Generator Efficiency Boosted 15x by Black Metal Technology – Technology Networks

Revolutionary Black Metal Technology Supercharges Solar Power Generator Efficiency by 15 Times

August 26, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (791)
  • Economy (811)
  • Entertainment (21,690)
  • General (16,689)
  • Health (9,852)
  • Lifestyle (824)
  • News (22,149)
  • People (811)
  • Politics (819)
  • Science (16,021)
  • Sports (21,310)
  • Technology (15,791)
  • World (793)

Recent News

Researchers Build Real-World External Control Arm to Accelerate HER2+ Breast Cancer Drug Development – OncLive

Researchers Build Real-World External Control Arm to Accelerate HER2+ Breast Cancer Drug Development – OncLive

August 26, 2025
Stellantis paid $190.6 million in U.S. fuel economy penalties this year – Automotive News

Stellantis Hit with $190.6 Million in U.S. Fuel Economy Fines This Year

August 26, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version