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News
Dealroom.co | SK Bioscience secures $220M state loan to fund late-stage vaccine push
7+ hour, 43+ min ago (360+ words) What's the deal? SK Bioscience has secured a 300 billion KRW (about $220 million) long-term, low-interest policy loan through South Korea's National Growth Fund. The 10-year facility comprises 250 billion KRW from the Advanced Strategic Industry Fund and 50 billion KRW from the Korea…...
Dealroom.co | Korean eyewear brand Blue Elephant raises $70M, opens first US store
1+ week, 6+ day ago (255+ words) What's the deal? Blue Elephant, a South Korean eyewear brand, has raised 100 billion KRW ($70 million) in growth equity from private equity firm Affirma Capital. The round values the company at 400 billion KRW, and coincides with the opening of its first…...
Dealroom.co | China's Dongxi Fusion raises 300M yuan to commercialise laser fusion
2+ week, 3+ hour ago (215+ words) China's Dongxi Fusion raises 300M yuan to commercialise laser fusion Dealroom China's Dongxi Fusion raises 300M yuan to commercialise laser fusion What's the deal? Dongxi Fusion Energy has raised 300,000,000 CNY (about $44.6 million) in a pre-seed round backed by ICBC Investment, Suzhou Guotou,…...
Dealroom.co | NH Nonghyup quadruples growth fund to ₩400B, eyes ₩1T total by year-end
2+ week, 12+ hour ago (223+ words) What's the deal? NH Nonghyup Financial Group is expanding its ‘NH Korea Mutual Growth and Development Fund No. 2' from 100 billion Korean won to 400 billion Korean won. The fund will be structured as a mother-child type vehicle to widen corporate finance…...
Dealroom.co | SK Gas absorbs subsidiary after ₩460B in losses over four years
2+ week, 4+ day ago (384+ words) What's the deal? SK Gas will merge its wholly owned petrochemical subsidiary SK Advanced into itself, dissolving the loss-making unit and keeping SK Gas as the surviving entity. The board approved the deal on August 26. No new shares are being…...
Dealroom.co | Panel Capital breaks cover with new fund, pushing assets past $140M
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…...
Dealroom.co | Rapidus lands $936M state grant, among the largest in Japanese deep tech
2+ week, 5+ day ago (296+ words) What's the deal? Japanese chipmaker Rapidus has secured a ¥150 billion ($936 million) grant from Japan's Information-technology Promotion Agency (IPA). The state-backed startup, founded in 2022, is racing to begin mass production of advanced 2-nanometer chips by 2027. Why it matters: The grant ranks…...
Dealroom.co | NAVER D2SF backs F4GE to link Korea's factories to global defense buyers
2+ week, 5+ day ago (234+ words) What's the endgame? F4GE is building what it calls a "programmable manufacturing network." It deploys proprietary software into existing factories to collect real-time data on equipment, processes, and inspections, then converts it into the standardized documentation and compliance systems global buyers…...
Dealroom.co | Blue Arbor raises $10.2M seed to bring natural control to prosthetic limbs
2+ week, 5+ day ago (281+ words) Blue Arbor raises $10.2M seed to bring natural control to prosthetic limbs Dealroom Blue Arbor raises $10.2M seed to bring natural control to prosthetic limbs What's the deal? Blue Arbor Technologies, a US medical device startup building neuroprosthetic interfaces, has filed to…...
Dealroom.co | Proparco lends Khan Bank $50M, with $20M for rural Mongolian SMEs
2+ week, 5+ day ago (228+ words) What's the deal? Proparco has agreed a $50 million senior loan to Mongolia's Khan Bank, splitting the facility between $30 million for climate-related investment and $20 million for SMEs in underserved rural provinces. The transaction was signed during UNCCD COP17 in Ulaanbaatar. Why now?...