Stride closes India venture debt fund on $200m
India’s Stride Ventures has closed its second venture debt fund with USD 200m in commitments. The target was INR 10bn (USD 125m).
The fund was launched in May 2021 with a greenshoe option to raise up to INR18.7 billion. A first close of INR 5.5bn was achieved three months later with strong support from existing LPs. Stride’s debut...
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.