GIC backs $525m Korea data centre program
Singapore’s GIC has teamed up with digital infrastructure company Equinix with a view to investing USD 525m in the development of two data centres in Korea.
GIC and Equinix will respectively take 80% and 20% equity interests in the joint venture, which will also operate the facilities, both in Seoul. It expands Equinix’s xScale data centre portfolio 36 facilities...
Co-Stone leads $43m round for China biosynthesis player
Co-Stone Capital Management has led a CNY 300m (USD 43m) Series B round for Readline, a Shenzhen-based company that specialises in synthetic biology.
Australia’s Heal Partners closes debut fund on $137m
Australia’s Heal Partners, a health, education, and lifestyle-focused venture capital firm, has closed its first fund on AUD 200m (USD 137m). The target was AUD 100m.
US regulator gets access to Chinese audits
The threat of delisting that has haunted Chinese companies that trade on US exchanges appears to have receded after the US regulators announced they had gained full access to the audits of these companies for the first time.