Daily Deal Round Up: November 14, 2022

Nov 14, 2022 • Roshini Bains

Pertamina and MDI Ventures are teaming up on a $500m energy fund while Trip.com and Legend Capital-backed hotel brand Atour floated on Nasdaq.

Funds

Pertamina NRE, a subsidiary of oil and gas producer Pertamina, is launching an energy fund with telecommunications firm Telkom Indonesia’s MDI Ventures unit with a $500m target for its close, DealStreetAsia reported today. MDI Ventures will scout energy tech startups, while Pahala Mansury, vice-minister of state-owned enterprises for Indonesia, told DealStreetAsia more investors are expected to join.

Legend Capital, the venture capital firm launched by…

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Roshini Bains

Roshini Bains is the junior news reporter for Global Corporate Venturing and Global University Venturing.

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