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Winston Zhang · · 5 min read

Tech for good is gaining momentum

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Hello reader,

Recently, I’ve found myself working on quite a number of projects that involve companies and organizations that are developing products and solutions for social good.

Whether it’s a firm that’s aiming to make plastic recycling easier or a VC that’s putting increased emphasis on ESG (environmental, social, and corporate governance) investing, it’s all been quite heartening.

Today’s newsletter also features funding deals for companies of the same ilk. Whether companies are enabling financial inclusion or developing healthcare solutions, I’d like to hope that more firms focus on social and make business more than just about making money.

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

🇨🇳 RT Advanced Materials: This Chinese manufacturer of lithium-ion battery materials has closed a US$740 million series D round led by Shang Qi Capital.

🇲🇾 TNG Digital: The fintech firm, which aims to enable a cashless society in Malaysia, – has secured US$168.3 million in its latest equity funding round led by Lazada Group.

🇸🇬 99.co: The Singaporean real estate portal bagged US$37 million in a series C funding round led by GAW Capital Partners.

🇯🇵 Ubie: This Tokyo-based healthtech company snagged US$28 million in a series C round that included investors such as Dai-ichi Life Insurance, Eggforward, and NEC Capital Solutions.


M&As


Startups that are raising funds


Killer pitch decks


Exclusive listicles


Thoughtful reads

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Winston Zhang

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