Top ten highlights from the APAC PE, VC, and startup ecosystem this week:
- OpenAI becomes the world’s most valuable private company with a $500 billion valuation
SoftBank, Thrive Capital, and UAE-based MGX among investors in the $6.6 billion employee share buyout. - AI sector sees investor stampede despite VC activity slowdown
Global AI deal value hits $192.7 billion in first three quarters of the year, setting a new record. - South Korean AI chip startup Rebellions raises $250 million in Series C round
Samsung Ventures and Pegatron VC lead funding for tech startup. - Singaporean open-source database startup Supabase valued at $5 billion in Series E funding round
Accel and Peak XV are the major investors in the latest funding round. - Accel and GIC lead $300 million funding round in US-based AI coding startup Vercel
Startup valued at almost $9.3 billion in the latest investment. - Startup funding news – Advance Intelligence Group considers new equity fundraising
Parent company of BNPL app Atome explores growth-stage funding options. - LINE Corp. acquires majority shares in LINE MAN Wongnai
Investment vehicles of GIC sell shares in Thai unicorn leading to regulatory changes. - Velocitor Solutions acquires spatial data and AI platform Nextbillion.ai
Lightspeed Venture Partners among investors in the acquisition deal. - GIC leads $105 million secondary transaction in US-based workflow orchestration startup Temporal Technologies
Startup valued at $2.5 billion in the latest funding round. - Neptune Robotics raises $52 million in Series B funding for underwater robot development
Granite Asia and NYK Line are major investors in the Singapore-based startup.
APAC Private Markets Research
Explore latest Insights on APAC Private Markets on Smartkarma
Disclaimer:This article by is general in nature and based on publicly available information and not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material. While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
Also, check out the latest in ECM Research on Smartkarma
