2+ week, 5+ day ago   (340+ words) What's the deal? Hangzhou-based Panel Capital has emerged publicly for the first time after eight years, revealing it has backed nearly 30 companies and expects a wave of IPOs from its portfolio. A newly closed fund will push its total assets…...

2+ week, 6+ day ago   (209+ words) What's the deal? SK Innovation will absorb its battery-separator subsidiary SK IE Technology (SKIET) in an all-stock merger. The boards of both companies approved the plan on August 25. The terms: The merger ratio is set at one to 0.1174540, meaning holders…...

2+ week, 6+ day ago   (269+ words) What's the deal? KKR has agreed to acquire Japanese beauty and lifestyle platform Ci FLAVORS from all existing shareholders, including founder Yusaku Horiuchi, L Catterton, eBeauty Group, and Yanagi Capital Partners. Horiuchi and chief executive officer Yoshiaki Okura will reinvest…...

2+ week, 6+ day ago   (148+ words) What's the deal? Robonets Information Technology, a Chinese developer of autonomous driving systems for mines, has raised 100,000,000 CNY (roughly $14.9 million) in a Series B round. The financing values the company at 1,000,000,000 CNY post-money. Who's backing it? Hainan Jichen, tied to…...

3+ week, 8+ hour ago   (369+ words) What's the deal? Perennial Partners has launched the Perennial Global Resources Trust, a fund that can invest up to 100% offshore and carries an estimated long-term capacity of roughly $3 billion. The trust opens access to listed companies across global energy, copper,…...

3+ week, 23+ hour ago   (160+ words) What's the deal? KrubKrong has secured seed-stage equity investment from EDF under the first cohort of its Startup Investment Package Program (SIPP 1), providing a new source of capital for high-potential Cambodian businesses. How the selection worked. SIPP 1 drew roughly 80 applications…...

3+ week, 6+ day ago   (291+ words) What's the deal? Silicon2, a South Korean K-beauty distribution company, has raised 300 billion KRW (about $213 million) from private equity firm CVC Capital Partners. The private placement was made through Starlink Investment, a special purpose vehicle set up by CVC. The mechanics: Silicon2 is…...

3+ week, 6+ day ago   (216+ words) What's the deal? South Korea's Upstage has raised a $381 million Series D round, backed by the Korea Development Bank, the Industrial Bank of Korea, Mirae Asset Venture Investment, Sazze Partners, and Shinhan Venture Investment. The company was a standout in…...