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Chinese VC firm Qiming Venture Partners prepares for leadership changeLongtime managing partner Nisa Leung steps down as Qiming hands the reins to a new leadership trio. After months of speculation, leadership changes at Qiming Venture Partners have been confirmed. Nisa Leung, a managing partner with 18 years at the firm, is stepping down, according to ChinaVenture. This move aligns with Qiming’s “ten-year succession plan,” under which Duane...0 Comments 0 Shares 1K Views 0 Reviews
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CIFDAQ COO Jay Hao shares insights on capital raising for Web3 startupsWeb3 startups have raised over $5.4 billion in venture capital during the first three quarters of 2024. This figure reflects a significant investment trend, with $1.4 billion raised in the third quarter alone. Investors are increasingly targeting emerging markets at the intersection of blockchain and artificial intelligence (AI). Projects focused on decentralized blockchain infrastructure have...
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Deals in brief: B Capital leads Series A investment in Eureka Robotics, Cove attracts new funding, True Global Ventures backs US-based Prezent, and moreBringing you the latest updates on funding deals and activities in the Asia Pacific. Eureka Robotics raises USD 10.5 million in Series A funding Singapore-based robotics company Eureka Robotics has raised USD 10.5 million in a Series A funding round led by B Capital, with participation from Airbus Ventures, Maruka Corporation, G K Goh Ventures, UTEC, and ATEQ. The funding will...0 Comments 0 Shares 321 Views 0 Reviews
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Deals in brief: Fleet Space raises Series D funding to expand platform reach, Citigroup backs Astra Tech with USD 500 million, latest China deals, and moreBringing you the latest updates on funding deals and activities in the Asia Pacific. Fleet Space raises AUD 150 million to expand ExoSphere’s reach Fleet Space Technologies, an Adelaide-based space exploration company, has raised AUD 150 million (USD 96.2 million) in a Series D funding round led by Teachers’ Venture Growth (TVG). The round included returning investors such as...0 Comments 0 Shares 339 Views 0 Reviews
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Deals in brief: Pi-xcels raises USD 2.7 million, Vynn Capital backs MediSun Energy, Gobi Partners teams up with Cross Capital, and moreBringing you the latest updates on funding deals and activities in the Asia Pacific. Pi-xcels raises USD 2.7 million to expand NFC e-receipt technology Pi-xcels, a Singapore-based retail tech startup, has raised USD 2.7 million in its second funding round, led by venture capital firm Headline. Other participants include Wavemaker Partners, Hustle Fund, Shizen Capital, and Seedstars...0 Comments 0 Shares 1K Views 0 Reviews
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Deals in brief: Wavemaker Partners launches USD 30 million growth fund, Dossier clinches pre-seed funding, AC Ventures fuels Collektr’s APAC push, and moreBringing you the latest updates on funding deals and activities in the Asia Pacific. Wavemaker Partners launches USD 30 million Growth Opportunities Fund Wavemaker Partners, one of Southeast Asia’s leading venture capital firms, has announced the first close of its inaugural Wavemaker Growth Opportunities Fund, securing USD 30 million. Backed by limited partners such as QLA Investment...0 Comments 0 Shares 2K Views 0 Reviews
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Geespace’s satellites take center stage at supply chain expoGeely’s commercial aerospace unit highlights the role of satellite technology in advancing mobility and communication paradigms. From November 26–30, the second China International Supply Chain Expo (CISCE) took place in Beijing. Billed as the world’s first national-level exhibition dedicated to supply chains, the event highlighted a variety of innovative applications. Among...
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Gobi Partners announces Techxila Fund II & signs MOU with Bank of Punjab to drive economic cooperationGobi Partners, a pan-Asian venture capital firm, has officially announced the $50 million Techxila Fund II alongside the signing of a Memorandum of Understanding (MOU) with the Bank of Punjab (BoP). This strategic partnership aims to foster entrepreneurship and strengthen economic cooperation in Pakistan. The announcement has been made during the Pakistan Investment Conference in Shanghai,...0 Comments 0 Shares 261 Views 0 Reviews
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Gobi-Core Unveils “Philippine Horizons” Report, the Future of Filipino Innovation in AseanGobi-Core Philippine Fund, the Philippine-focused venture capital fund under Gobi Partners, has just launched its groundbreaking report in partnership with Alibaba Cloud and Eskwelabs, “Philippine Horizons: Filipino Innovation in the ASEAN Landscape.” This report, designed to elevate the conversation on the Philippines’ startup ecosystem, benchmarking it against ASEAN...0 Comments 0 Shares 2K Views 0 Reviews
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