Venture Capital
The funding announcement comes barely two months after Arta Finance received approval to launch in Singapore.
Deals
CVL 3.0 will continue to support companies to diversify business opportunities.
People
Honghui will succeed incumbent Joseph Phua at 17Live.
Analysis
Pfizer, AstraZeneca and Novartis to expand production for cancer and other drugs
Unicorns
DealStreetAsia reported in May that EDBI has evinced interest in investing in Mohalla Tech.
The merger will take place on April 1, 2025.
Mohalla Tech is understood to be eyeing a corpus of over $60 million in the current round.
Cleaning robots manufacturer LionsBot has received capital from TransLink Capital and AC Ventures-managed SEA Frontier Fund.
Another investor from Singapore is also in the fray to back the startup's over $60m round.
Beneficiaries of the buyback include members of the startup's founding team.