Deals

Indonesian EV maker ALVA raises $50m Series B led by Horizon Ventures

DealStreetAsia had reported on ALVA's fundraising plans in May.

Venture Capital

AI startup Cortical Labs raises $10m pre-Series A led by Horizons Ventures

It plans to use the funding to accelerate the commercialisation of its patented technology.

Deals

China Digest: BA Capital closes third RMB fund at $349m; Kneron, Leader bag funding

BA Capital's new fund started its fundraising in mid-2021

IPOs & Markets

HK set to target its own SPAC listing framework by end of this year

Hong Kong is racing with Singapore to become the first Asian hub to green light such vehicles.

Deals

Perfect Day nabs additional capital in Series C round from CPP Investments, others

Its existing backers are Singaporean sovereign wealth fund Temasek Holdings and Li Ka-shing’s Horizon Ventures.

World

Australia’s Airwallex snags $100m Series C led by DST Global, enters unicorn club

The round also brings Airwallex's total capital raised to over $200 million.

Venture Capital

Li Ka-Shing’s Horizon Ventures co-leads $40m round in infant probiotic firm Evolve

Horizon joined the Bill & Melinda Gates Foundation in the round, which also saw participation from Johnson & Johnson Innovation, Arla Foods, and Conti

Venture Capital

Gaming hardware brand Razer partners 3Group, secures $50m from Horizon Ventures

Razer has launched a strategic partnership with mobile network operator 3 Group

Venture Capital

Softbank Group leads $502m Series B in VR startup Improbable Worlds

Andreessen Horowitz, HK's Horizon Ventures & Singapore's Temasek also joined.

Venture Capital

Li Ka-Shing’s Horizon Ventures leads $23m series A round in Divergent 3D

Horizon Ventures is known as investor in some of the world’s most innovative companies.