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Winston Zhang · · 6 min read

Closing 2022 with a few big-money deals

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Hello reader,

It’s the final newsletter of 2022. Have you managed to find the time to sit down and take stock of the past 12 months? I must admit that, due to various responsibilities, I haven’t been able to properly do so – but I really should.

In the tech and startup world, we’re always hustling and grinding away, and it’s easy to lose track of the steps we’ve taken along the way. The experience can easily feel overwhelming and unabating. Without practicing gratitude, we can end up with a first-class express ticket to Burnoutville.

So, here’s a reminder to take a moment for yourself and appreciate how far you’ve come over the past year. I’m sure the likes of Moore Threads, Akulaku, and others are, following their big-money funding rounds – you can read all about them below.

Happy New Year, everyone. Here’s hoping for a fruitful 2023.

Image credit: Timmy Loen

You can find all the 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

🇨🇳 Moore Threads: The Chinese graphics processing developer closed a US$215 million series B round from China Mobile Innovation Industry Fund, Dianshi Capital, and Hexie Health Insurance.

🇮🇩 Akulaku: Headquartered in Indonesia, this financial services company bagged a US$200 million strategic investment from Mitsubishi UFJ Financial Group.

🇰🇷 Brite Energy Partners: This South Korean cleantech firm secured US$100 million in bridge funding from BlackRock Alternatives.


M&As


Startups that are raising funds


Killer pitch decks


Let’s get that bag


Exclusive listicles


Thoughtful reads

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Winston Zhang

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