Juliet
Correspondent, Myanmar Email: jshwegaung@dealstreetasia.com
Stories by Juliet
Hong Kong, Taiwan investors to develop $500m Yangon technology park project
The new industrial could become a destination for investors and job seekers outside Yangon.
Myanmar’s Blue Tech Venture scouts for tech deals in health, education
Blue Ocean started making venture investments since 2015 and has so far got six portfolio companies under its umbrella.
Hong Kong insurtech startup OneDegree’s Series A total tops $30m
OneDegree said it intends to use the funds to accelerate its digital insurance platform and launch new product offerings in Hong Kong.
China’s WuXi AppTec acquires US clinical service company Pharmapace
The acquisition will help WuXi expand its biometric capabilities in the United States and Europe.
IFC mulls financing package of up to $70m for Mongolia’s Khan Bank
The package entails subscription to a USD-denominated green bond of up to $30 million, and provision of sub-debt of up to $40 million from IFC’s own
Myanmar’s logistics startup Kargo raises $800K in pre-Series A round
It plans to use the fresh capital to further develop its platform and expand outside Myanmar in the next 12 months.
Sirnaomics In raises $22m led by Hong Kong’s CR-CP Life Sciences Fund
Other investors joining the round are Shanghai-based Rich Yield Capital, Rolling Boulder Investment from Shenzhen and US-based Legend Sky Investment.
Myanmar Digest: Golden Myanmar Airlines to invest $28.96m; InfoCorp, Mandalay Capital tie up
Last year, InfoCorp launched an application called ‘FarmTrek’, that uses private, permission-based blockchain to track livestock ownership.
Myanmar edtech startup eSchool raises $700k from Blue Tech Venture, others
The proceeds of the latest financing will be used to expand the application of eSchool at universities in Myanmar.
Impact investor One to Watch to set up Myanmar-focused fund
The fund in Myanmar will probably be structured as a non-banking financial institution without a close end.
