SK provided $100m for Atom Power, while MediaTek, Ta Ya, Simplo and Chunghwa Telecom all took part in TXOne Networks’ $70m series B round.

M&A

Prosus, the internet group formed by e-commerce conglomerate Naspers, has agreed to buy the 33.3% stake in Brazil-based portfolio company iFood it does not own, from fellow food delivery service Just Eat Holding for €1.5bn ($1.5bn) in cash and an additional contingent consideration of up to €300m. It came after about $590m in funding for iFood including a $500m round featuring Naspers and local e-commerce services affiliate Movile in 2018.

Life sciences robotics producer iZafe has signed…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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