B Capital, B Capital Technology Opportunities

Photographer: Victor J. Blue/Bloomberg

B Capital Technology Opportunities, the special purpose acquisition company (SPAC) formed by venture capital firm B Capital, has trimmed the deal size of its upcoming initial public offering (IPO) in the US to $200 million from $300 million.


Japan travel news, japan travel guides, japan holiday destinations and japan reviews

LATEST NEWS

NEWS RELATED

SEA Digest: Gojek cuts service fee for SG drivers; Selangor Accelerator’s 4th cohort

Photo by Gojek Gojek is planning to reduce the service fee for driver-partners in Singapore while the Selangor Accelerator Programme has opened applications for the fourth edition of its startup incubator. Gojek cuts service fee for driver-partners in Singapore Indonesian ride-hailing giant Gojek has announced that it will reduce the…

Read more: SEA Digest: Gojek cuts service fee for SG drivers; Selangor Accelerator’s 4th cohort

Alternative proteins see future in Asia as deal count grows

A Taiwanese-styled stew made using Life3 Biotech‘s Veego-branded plant protein. Source: Life3 Biotech Are alternative proteins the next big food trend? Veteran investor and commodities trading guru Jim Rogers seems to think so. Last month, he put his name behind little-known Singapore startup  Life3 Biotech that produces plant-based protein products.

Read more: Alternative proteins see future in Asia as deal count grows

Vistas Media Capital to set up $150m fund for SPACs, media in MENA

Singapore. Photo by Mike Enerio on Unsplash Singapore-based media and entertainment group Vistas Media Capital is set to launch a $150 million multi-strategy fund to invest in special purpose acquisition companies (SPACs) and media businesses across the Middle East and North Africa (MENA) region. The company, which is close to…

Read more: Vistas Media Capital to set up $150m fund for SPACs, media in MENA

Editor’s take: The week that was — June 7-12

In one of the most significant developments that unfolded last week, Southeast Asian ride-hailing unicorn Grab said its merger with blank-cheque company Altimeter Growth Corp has been delayed. The company can now complete the SPAC merger only by the fourth quarter of this year. It had previously said it was seeking to complete the transaction…

Read more: Editor’s take: The week that was — June 7-12

Singapore’s Intrepid closes $11m Series B round led by Mirabaud Asset Management

Singapore-headquartered Intrepid, which helps brands accelerate their omni-channel e-commerce, announced on Thursday that it has raised a Series B round of $11 million. The oversubscribed financing round was led by Mirabaud Asset Management through the Mirabaud Lifestyle Impact & Innovation fund (MLII). Mirabaud Asset Management is an investment arm of…

Read more: Singapore’s Intrepid closes $11m Series B round led by Mirabaud Asset Management

Data centre operator Digital Realty mulls Singapore trust IPO: Report

Photo by Taylor Vick on Unsplash Data centre owner and operator Digital Realty Trust Inc is mulling an initial public offering of a trust in Singapore, targeting to raise $300-400 million, Bloomberg reported.  The firm is working with advisers for the possible listing, which could come as soon as the…

Read more: Data centre operator Digital Realty mulls Singapore trust IPO: Report

SG fintech firm MatchMove raises $100m from Nityo Infotech

MatchMove at the Singapore Fintech Festival. Photo: MatchMove IT services company Nityo Infotech acquired a significant equity stake in Singapore-based fintech firm MatchMove for $100 million, per an announcement. This transaction pegged the valuation of the company at $600 million. “With this investment and Nityo’s global strength, we are certainly…

Read more: SG fintech firm MatchMove raises $100m from Nityo Infotech

SG fintech firm MatchMove raises $100m from Nityo Infotech

MatchMove at the Singapore Fintech Festival. Photo: MatchMove IT services company Nityo Infotech has invested $100 million in Singapore-based financial technology (fintech) firm MatchMove for a significant equity stake that will make it the latter’s largest shareholder, according to an announcement. Nitro’s founder and CEO Naveen Kumar valued MatchMove at…

Read more: SG fintech firm MatchMove raises $100m from Nityo Infotech

SEA Digest: 500 Startups, JCurve Solutions, HungryGoWhere in news

IFC proposes $25m investment in district cooling firm to be set up in Singapore

Budget hotel chain RedDoorz enters mid-scale segment with launch of Sunerra Hotels

SG central bank places $1.8b with asset managers for green investments

SE Asia’s niche edtech firms NewCampus, Binar, Hacktiv8 raising fresh funds

Peter Thiel-backed SPAC eyes merger with PropertyGuru: Report

GIC joins programme aimed at transitioning Asian electric utilities to net zero emissions

AirAsia bolsters non-aviation business with $53.2m Big Pay investment

OTHER NEWS