chalida
Correspondent, Thailand Email: chalida@dealstreetasia.com
Stories by chalida
Thailand’s 500 TukTuks II invests over $1m across six startups
500 TukTuks II, launched in June, had hit the first close of its $20-million fund, securing investments mostly from Thai corporates.
Australia’s ICG raises over $107m for renewable energy fund
ICG cited that the CEFC investment is the largest equity injection in the renewable energy fund to date.
Thailand: Indorama Ventures to acquire German airbag maker UTT
UTT, a long-term customer of Indorama Ventures, has two production sites in Germany and Mexico.
Thailand’s RATCH taps into Indonesia hydel sector via $82m acquisition
RATCH has acquired 50% in FRD, a major shareholder in Asahan-1 Hydroelectric Power project in Indonesia.
Japan AI solutions provider ABEJA gets Series C extension investment from Google
ABEJA and Google will collaborate on developing AI and ML solutions across various sectors including retail and manufacturing.
China Digest: Baidu arm backs robot developer; Aiqi gets $14.5m
Two Chinese robotic startups, Robot++ and Aiqi Technology, have secured $2.9 million and $14.58 million, respectively, in their latest rounds.
Thai CP Group-owned Bellisio Foods to buy Frozen Specialties from US PE firm
Bellisio Foods and Overhill Farms produce more than 400 products spanning a wide variety of frozen food categories.
China Digest: IDG leads Series A+in Freemud; Sequoia, Baidu back Conflux
Sequoia China and Baidu Ventures have co-invested $35 million in the latest funding round of Singapore-based blockchain network developer Conflux Foun
Thai property developer Arinsiri to tap public markets to raise funds
Chonburi-based residential developer Arinsiri Land Plc is planning to tap the Market of Alternative Investment with its IPO.
China’s transport system startup TransWiseway snags $103m from Ant Financial, others
The proceeds will be mainly used to further develop financial services and data application.