Singapore
The round brings ChemT’s total funding to $5m within 18 months.
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India
HealthQuad has also made its first investment from the fund in Lifesigns.
It aims to build 50 startups from the ground up.
Malaysia
Round was led by Camber Partners; Endeavor Catalyst and others participated.
Vietnam
Investors should consider returning capital to LPs even if holding longer can produce higher multiples.
Existing backers LightSpeed and Elevation Capital also participated in the round.
Blume has raised four core funds to date and is in the market to raise its fifth vehicle.
The pre-Series A round was led by Tin Men Capital, while SBI Ven Capital co-led the round.
The deep tech VC is looking to transfer assets from its first two funds amid growing interest in the sector.
Greater China
Yang believes that public markets “will correct for sure.”