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Hello reader,
I recently came back from a holiday in Melbourne, Australia. It wasn’t quite the vacation I wanted, given that I tested positive for Covid-19 in the middle of the trip and had to be quarantined in a foreign country. But I’m glad I got to see some sights and enjoy the city a little before having to hide away for seven days.
Despite the risks involved, travel is undoubtedly making a comeback. The world has so much to offer and so do the startups that come out from each country. This week’s top-funded startups come from different parts of the globe, including China, Southeast Asia, and the Middle East.
Here’s to seeing more startups emerge and raise funds all around the world 🌏.
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.
— Stefanie
The biggest deals by country
🇨🇳 Taibang Biologic Group: The Chinese biotechnology firm received US$300 million in a strategic investment from the Abu Dhabi Investment Authority, China Life Investment, GIC, and Xinda Kunpeng Investment.
🇸🇬 Acronis: The Singapore-based security startup raised US$250 million from BlackRock in a late-stage round.
🇦🇪 Tabby: This fintech firm from the United Arab Emirates bagged US$150 million in debt financing from Atalaya Capital Management and Partners For Growth.
M&As
Startups that are raising funds
Killer pitch decks
Exclusive listicles
Thoughtful reads
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