SWFs’ tech hunger gives startups breathing space

The Australian VC firm has previously backed Airwallex and Canva.

Helical Fusion and Celaid Therapeutics have raised JPY3.23bn and JPY400m, respectively, as Japanese capital targets research-intensive startups.

The University of Hong Kong and Gobi Partners want to transform financing for tech startups in the Special Administrative Region.

David He, who has global experience across M&A, private equity and restructurings, joined from Gunderson Dettmer at the beginning of September.

The rationale behind all the winners for the best financing, private markets & innovation deals across Apac - including infrastructure, Islamic finance, private credit, private equity, project finance, property, structured finance, sustainable finance, VC and innovation.

The bank wants to help scale digital 'platform players', and is also offering $150m of venture debt to the Singapore market to provide financing to early-stage, high-growth companies backed by venture capital or private equity.