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Hello readers,
For all its faults, I really like living in Singapore. I complain a lot about it, but hey, complaining is practically our national hobby anyway.
People have asked me if I’d ever consider migrating overseas but after being entrenched here for so long, it’s hard to imagine leaving behind all the familiar sights and sounds. Moving into a new place would most likely be a good experience, but it would be intimidating nonetheless.
I’ve been crafting these newsletters for some time now, so it’s nice that I’m finally writing it in the same week that a Singaporean medical group has gotten the biggest fundraise. Of course, we’ve got startups in other countries taking home some nice bags too, but let me have this moment at least.
Image credit: Timmy Loen
You can find all other important investment deals that happened in the last few days in our weekly funding news wrap-up.
Let’s dive into the biggest deals and M&As that recently took place.
The biggest deals by country
🇸🇬 Foundation Healthcare Holdings, a medical platform based in Singapore, raised US$110 million from SeaTown Holdings.
🇨🇳 Allorion Therapeutics is a Chinese drug developer that secured US$50 million in its series B round from 3SBio Inc., Ince Capital, LongRiver Investments, Lichen Investment, Octagon Capital, Qiming Venture Partners, and TF Capital.
🇯🇵 Crowdport is a comparison service for social lending platforms in Japan. It bagged US$25.2 million in series D money from Anri, B Dash Ventures, Cygames Capital, Itochu Technology Ventures, Mitsubishi UFJ Capital, Mizuho Bank, Mizuho Capital, FFG Venture Business Partners, and Global Brain Corporation, among others.
🇮🇳 HealthPlix is an Indian platform that provides software to help doctors manage daily tasks. It got US$22 million in series C funding from Avataar Ventures, Chiratae Ventures, JSW Ventures, Kalaari Capital, Lightspeed Venture Partners, and SIG Venture Capital.
M&As
Startups that are raising funds
Killer pitch decks
Exclusive listicles
Thoughtful reads
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