Daily Deal Round Up: December 6, 2022

Dec 6, 2022 • Edison Fu

Several corporates took part in SonoThera’s $60.8m series A round while NEC closed its Orchestrating Future Fund at $140m.

Funds

Japan-based IT services firm NEC Corporation’s NEC Orchestrating Future Fund has reached a $140m final close. The fund has contributions from corporate backers NTT Finance Corporation, Mitsui Sumitomo Insurance and Sumitomo Mitsui Trust Bank as well as Japan Industrial Partners and Fund Corporation for the Overseas Development of Japan’s ICT and Postal Services.

Nassau Re/Imagine, the incubator scheme run by US-based reinsurance service Nassau Re, has formed…

Edison Fu

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

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