Singapore’s Iterative closes second VC fund on $55m
Singapore-based early-stage VC firm and accelerator Iterative has closed its second Southeast Asia fund with USD 55m in commitments.
LPs include US-based investors Cendana Capital, K5 Global, Village Global, and Goodwater Capital. Several Silicon Valley-based professionals also invested in their personal capacity, including Andrew Chen,...
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.