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Winston Zhang · · 5 min read

This Box is overflowing with fresh funds

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Hello reader,

This is a bit of a spoiler for this newsletter, but we rarely see a Singaporean company lead the weekly funding boards. Silicon Box’s US$200 million series B round puts it top of the pops today, and is it any surprise that it’s in the semiconductor industry?

Anyway, here’s hoping the start of your 2024 has been fruitful – January is already half in the books. Where does the time go?

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 market

🇸🇬 Silicon Box is a Singaporean advanced semiconductor packaging company. It closed a US$200 million series B round, with BRV Capital Management, Event Horizon Capital, and Maverick Capital among the participating investors.

🇨🇳 Shaanxi TianCheng Aerospace, a Chinese high-tech enterprise specialized in the production and research of titanium alloy materials, received US$84.5 million in funding from ABC Capital, CCB International, and CNBM New Materials Fund.

🇻🇳 Be Group, the Vietnamese tech company behind multiservice consumer platform Be, has raised US$30.3 million in strategic funding from VPBank Securities.

🇮🇳 India-based foodtech startup Country Delight has closed US$20 million in series E funding. Seviora Capital, Temasek Holdings, and Venturi Partners participated in the round.

🇯🇵 Japan-based Social Interior offers a furniture subscription service. It received US$16.8 million in series D money from AG Capital, JIC Venture Growth Investments, and Lotte Ventures Japan, among others.


Startups that are raising funds


Killer pitch decks


Exclusive listicles


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Winston Zhang

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