Stephanie Li

Riyadh-based ewpartners, which counts Chinese internet giant Alibaba Group and Saudi Arabia's sovereign wealth fund Public Investment Fund (PIF) as

The energy storage sector recorded a total of $307.6m through the completion of 38 deals in Q3 this year.

MTR Lab, the corporate venture arm of public transport operator and developer MTR Corporation, has made a strategic investment in industrial acoustic AI technology provider Ensonic as it seeks to expand overseas.

Startup funding activity Greater China suffered a steep 36% month-on-month decline in transaction value in October, a month that recorded transactions worth only $1.9 billion.

Melbourne-headquartered asset management firm Boman Group is launching a new $1 billion venture fund as part of its plan to facilitate both investment

UniUni, which offers shipping and last-mile delivery solutions across North America, has completed its Series C2 round while robotics firm UnitX has pocketed $46 million in a Series B round.

Biopharmaceutical firm IMPACT Therapeutics has secured 250 million yuan ($34.5 million) in a Series D++ funding round.

Existing shareholders including IDG Capital, MPC, and others also re-upped in the round.

Galbot, an embodied artificial intelligence (AI) startup in China, has pocketed another 500 million yuan ($69 million) in a strategic funding round, shortly after closing its angel round in June.

CNNP Rich Energy, a subsidiary of state-run nuclear firm China National Nuclear Power, has raised around 789.6 million yuan ($1.1 billion) in capital from several existing shareholders and new investors.