Life is all about striking a balance

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Hello reader,

I’ve had the privilege of being able to travel for my job over the years, and – this will sound odd – sometimes I prefer traveling for work than for pleasure.

It’s because I would have a schedule in place that I can then work around, slotting in little bits of sightseeing or restaurant visits and generally enjoying a balance between work and play. There’s structure, basically, and – to paraphrase the editor of this weekly newsletter – I don’t always do too well in unstructured environments.

This theme of international travel permeates today’s edition, where firms from all across Asia are getting big-money deals done, including in South Korea and China.

Maybe I’ll get to travel to those countries for business one day.

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.

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The biggest deals by country

🇰🇷 South Korean firm Rebellions develops AI semiconductor-based full-stack solutions. It secured US$124 million in its series B round, with IMM Investment, KB Investment, and KB Securities among the participating investors.

🇨🇳 Based in China, Bluesail is one of the world’s largest manufacturers of medical gloves. It raised over US$126 million in late-stage funding from Huagai Capital and Linkong Private Equity Fund Management.

🇮🇳 Krutrim is an Indian AI firm that aims to focus on creating silicon chips and building a cloud infrastructure. It locked down US$50 million in early-stage funding from Matrix Partners India, among others.

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M&As

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Startups that are raising funds

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Killer pitch decks

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Exclusive listicles

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Thoughtful reads