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Hello reader,
One of the things I shared in this week’s Thoughtful Tidbits is a podcast episode on the Latin America market and how it’s pretty diverse. That means succeeding in Argentina, for example, is very different from making headway in Brazil.
Sounds like Southeast Asia, huh?
This just serves as a general reminder to not paint everything with the same brush, even if things might look similar on the superficial level.
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
🇯🇵 Sakana AI, an AI R&D company based in Japan, has closed a US$137 million series A round. Investors include the likes of Nvidia, Khosla Ventures, and Lux Capital.
🇸🇦 Syarah is a Saudi Arabia-based platform that allows consumers to buy new cars online and have them delivered to their doorstep. It received US$60 million in series C funding from Artal Capital, Elm, Impact46, and Tawuniya.
🇸🇬 Singapore-headquartered Validus uses data analytics and AI to finance the SME sector with funds from both individual and institutional investors. It has secured a debt facility of up to US$50 million from HSBC under the lender’s ASEAN growth fund strategy.
🇮🇳 Blue Tokai Coffee Roasters, an Indian specialty coffee roaster and cafe chain, has closed a US$35 million series C round. Brussels-based venture capital firm Verlinvest led the round. The other participating investors were A91 Partners and Anicut Capital.
M&As
Startups that are raising funds
Behind the Glasswall
Get ready for a keynote session that will set the stage for the future of Southeast Asian tech
Exclusive listicles
Thoughtful tidbits
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