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AMMA Pregnancy Tracker, a femtech platform catering to pregnant women with personalized healthcare recommendations, has received a 250K investment from US venture capital fund SOSV, and will participate in the upcoming 19th cohort of SOSV’s Shanghai-based cross-border accelerator, Chinaccelerator.
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This is Her Capital’s inaugural investment since launching its women-focused fund last year, which it aims to raise US$10M
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The Hong Kong-based company raised US$1.3 billion as part of the first two tranches of its series F funding round led by Hillhouse Capital, the report said, citing local media outlet 36Kr. The logistics firm is also reportedly looking to raise another US$200 million to close out the round.
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MioTech announced that HSBC has invested in the company in an additional financing round to its Series B, further expanding the company’s stellar investor base which already includes ZhenFund, Horizons Ventures, Moody’s and TOM Group.
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TIG Advisors, the New York-based alpha-focused manager which makes growth equity investments in alternative asset management firms, has bought a minority stake in Hong Kong-based credit and distressed situations specialist Arkkan Capital.
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A spokeswoman for the company said that Ori Capital has already reached the first close of the fund, gaining US$112 million in support. The final completion is expected to be announced at the end of 2021, she added.
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Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more.
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Hong Kong Stock Exchange-listed BC Technology Group, the parent company of regulated crypto platform OSL, has raised HKD697 million (approximately $90 million) in the form of a top-up share placement.
Read more: https://bit.ly/2XrdA3B