ISRAEL> French Venture Capital firm, Iris Capital is set to invest in Israeli Wi-Fi solutions company Celeno

Iris_Capital Planning extensive investment in Israel, French VC firm Iris Capital has led a $10 million round in Israeli Wi-Fi solutions company Celeno and plans to invest around $5-15 million annually in Israel. The new investment in Celeno is intended to support Celeno’s expansion in Europe and also for its product development. Iris Capital is the only French venture capital firm More …

FRANCE > US based JPMorgan Chase is investing $30 million in Greater Paris, France and $500 million in the next 5 years all over the world on philanthropic activities

JPMorgan chase logo USA based JPMorgan Chase announced that starting January it will begin a five year plan with an investment of $30 million in Seine-Saint-Denis, a region of France to the northeast of Paris. Currently marked by high unemployment, crime, and homelessness, and has 28% of its population living below the poverty line. However, JPMorgan Chase intends to take advantage of two More …

USA > Singapore based EDBI invests in US based WalkMe’s Series F financing round for expansion of digital adoption platform in Asia Pacific region

edbi logo Singapore based EDBI invests in USA based WalkMe’s Series F financing round for expansion of digital adoption platform in Asia Pacific region. Led by Insight Venture Partners, EDBI joins the $40 million Series F financing round. WalkMe also had its first institutional investor, Mangrove Capital Partners, in this investment round. The total Series F funding raised was $50 million. WalkMe More …

SINGAPORE > US based MassMutual is set to establish a $50 million Singapore based fund for investments in South-East Asia

Massmutual logo The venture capital arm of the Massachusetts Mutual Life Insurance Company (MassMutual), MASSMUTUAL Ventures (MMV), is set to establish a $50 million dollar fund for investments in South-east Asia. MASSMUTAL Ventures is targeting 10 to 15 Series A and Series B round investments in digital health, fintech, insurtech and enterprise software for the next three years. MassMutual will work with More …

LATIN AMERICA> US based Inter-American Development Bank and South Korea based NH Investment Securities establish a co-financing fund for Latin America and the Caribbean for up to $300 million

idb invest logo IDB Invest which is the private sector institution of Inter- American Development bank and NH Investment & Securities signed a Memorandum of Cooperation (MOC) to establish a co-financing fund for the private sector in Latin America and the Caribbean for up to $300 million. The agreement was signed by Gema Sacristán, IDB Invest chief investment officer, and Young-chae Jeong, NH Investment More …

SINGAPORE > Malaysia based Masmeyer Holdings, and Malaysia-listed Asia File Corp are set to invest in Singapore based Innopac Holdings

Innopac logo Innopac Holding plans S$8.4 million ($6.08 million) stock placement that will result in a change of control, as well as a related disposal of five subsidiaries and an S$2.5 million ($1.81 million) secured loan facility. The company further declared that it will place 8.4 billion new shares at 0.1 Singapore cent a piece to 11 individual investors and the new More …

SCOTLAND > USA based Union Investment is set to acquire Edinburgh hotel complex for $55.9 million (€43.4m)

Union Investment USA based Union Investment is set to acquire two hotel properties in Edinburgh’s historic city center namely Premier Inn with 127 rooms and Hub by Premier Inn with 121 rooms for approximately $55.9 million (€43.4m GB) from the vendor MAS Real Estate. The properties are on a long- term lease to Whitbread, an experienced operator and the transaction is Union More …

INDIA > Hong Kong based Steadview Capital is set to invest an estimated $30 million on India based IndWealth, an artificial intelligence and machine learning-based wealth management and advisory platform

Steadview logo IndWealth which is an artificial intelligence and machine learning-based wealth management and advisory platform is founded by the famous Ashish Kashyap who founded the travel company Ibibo Group which was acquired by peer MakeMyTrip for an estimated $2 billion two years ago. IndWealth, which is still in stealth mode is his second entrepreneurial venture. IndWealth will offer a slew of services to More …