Infrastructure funds move towards software - Infralogic Forum
Software providers are set to become targets for infrastructure investors, provided companies can demonstrate sufficient customer stickiness to underpin consistent revenue streams, the Australia Infralogic Investors Forum heard.
“Software alone is not infrastructure, but I can see a world where it is. What I mean by that is software as a product can be infrastructure if it has entrenched customers that provide recurring revenue...
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.