Pfizer Ventures has led a $102m series A for Capstan Therapeutics while Globis Capital Partners took part in an $85.4m round for Andpad.

Fund

Recyclable packaging manufacturer Huhtamaki has committed an undisclosed amount to Switzerland-based VC firm Emerald Technology Ventures’ sustainable packaging fund as a limited partner.

Business closure

Propzy, the Vietnam-based online real estate portal backed by telecommunications and internet group SoftBank, online marketplace GS Shop and property developer RSquare, is winding down operations, DealStreetAsia reported yesterday citing an internal email. It had reportedly raised a total of $37m as of its $25m series A round in mid-2020.

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Edison Fu

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