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Contract management SaaS startup SirionLabs has raised $85 Mn as part of its Series D funding round led by Partners Group.

Partners Group is more bullish on tech opportunities in Southeast Asia, compared with those in other Asian markets such as India or China.

"When we invested in Straive in 2017, we aligned upfront with management and the board on a transformation plan. The team at Partners Group takes great satisfaction that Straive today is stronger than ever and its best years are still ahead of it," said Cyrus Driver, Managing Director, Private Equity Technology, Partners Group.

Editor’s take: The week that was — April 12-17 April 18, 2021 There are SPAC mergers, and then there are mega SPAC mergers, as the Southeast Asian ride-hailing decacorn and super app Grab Holdings showed this week. On Tuesday, Grab announced that it has inked a deal to list on the Nasdaq via a merger with the blank cheque company Altimeter Growth Corp., valuing it at $39.6 billion and setting a new milestone for the global SPAC boom. The deal also means it’s a long-awaited payday for shareholders including SoftBank, which will hold an 18.6% stake, valued at $7.4 billion upon de-SPAC. ...