Sign up for the Daily Newsletter, sent exclusively to our premium subscribers. We break down the big and messy topics of Asia’s tech and startup community. Get the newsletter in your inbox everyday with a premium subscription.
Hello reader,
I recently got back to work after a few weeks away on military reservist.
If there’s one thing that being back in green has taught me, it’s that you really can’t judge a book by its cover. That unassuming corporal could be a robotics engineer in his civilian life, while the charismatic lieutenant could be between jobs, delivering food for Grab in the meantime.
I’m not passing any value judgments on what’s a “good” job or not – all this just shows that you can never really tell what’s beneath the surface. As you look at the big numbers in this newsletter, remember that there’s a ton of moving parts and unknown people keeping things going behind the scenes for these firms.
Let’s not forget the efforts of the people on the ground even as we celebrate these milestones.
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 market
🇸🇬 Singapore-based Princeton Digital Group develops and operates data centers. It received US$280 million in debt funding from Standard Chartered, UOB Malaysia, and Maybank.
🇦🇺 Australian firm Hysata is a hydrogen electrolyzer developer whose product intends to hasten the global transition from fossil fuels to green hydrogen. It closed a US$111 million series B, with investors including the likes of BP Ventures, BlueScopeX, Hostplus.
🇮🇳 NephroPlus, an India-based dialysis center offering in-center hemodialysis, secured US$102 million in strategic investment from Quadria Capital.
M&As
Startups that are raising funds
Behind the Glasswall
The clock is ticking on Vietnam’s tech revolution – don’t get left behind!
Exclusive listicles
Thoughtful reads
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.
