Chinese hard tech investor CAS Star crosses $1.4b AUM with new RMB fund
Targeting a final close of 2.5 billion yuan, the fund will back hard tech across areas like new materials, new energy, and life sciences.
Source: dealstreetasia.com
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Editor's take: The week that was—Aug 7-12
Southeast Asian startups raked in $1.78 billion in July, buoyed mainly by Alibaba’s $845 million infusion into e-commerce unit Lazada.
Source: dealstreetasia.com
Chinese cryogenic equipment maker Fullcryo bags $111m in Series C round
Previously, it bagged 300 million yuan ($46.5 million) in a Series B round led by Sinopec Capital in April 2022.
Source: dealstreetasia.com