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Page 352

Al Salam aligns with MSA for $50m fund

MEC Ventures, which was co-founded by Al Salam Bank-Bahrain, will target financial technology among other areas as it invests in the Middle East and North Africa region.

Nov 21, 2019

Digital Grid takes Toyota Tsusho investment

The carmaker’s trading subsidiary has backed a financing round for electricity trading platform operator Digital Grid Corporation that brought its total funding to over $12m.

Nov 21, 2019

Cemex Ventures solidifies China entry

Cemex Ventures has set a trajectory to Chinese dealmaking in partnership with local construction industry services firm Glodon and venture capital firm Interdream Ventures.

Nov 20, 2019

Amadeus Ventures checks into Asia Pacific

Amadeus Ventures will expand into the Asia-Pacific region early next year, roughly six years after being founded by its Spanish parent company.

Nov 20, 2019

MedBanks cashes $142m

Cancer data platform operator MedBanks raised the capital in a series D-plus round led by Tencent, also a contributor to its series D in January.

Nov 20, 2019

Sendo tends to $61m series C

Digital Garage, SoftBank Ventures Asia, SBI Group, Beenos and Kasikornbank all backed consumer goods marketplace Sendo, with the cash to go to product development.

Nov 20, 2019

Renoveru homes in on series E funding

The property renovation services platform is set to raise $36.8m in an NTT-backed round that will encompass primary and secondary investments in addition to debt.

Nov 20, 2019

Healthians heads to series B stage

Home diagnostics test provider Healthians collected $11.8m from investors including two Digital Garage vehicles to help broaden its technology, services and geographical presence.

Nov 20, 2019

LvYue delves into nine-figure fundraising

The Trip.com spinoff has raised a nine-figure amount from investors including Tencent and Baidu Capital as it looks to grow its hotel and technology business.

Nov 19, 2019

SmartNews carts off $92m

The news aggregation app plans to close the Japan Post-led round next month at a $1.2bn valuation and has now raised $182m altogether.

Nov 19, 2019
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