In times of an economic downturn, businesses face numerous challenges and uncertainties that can significantly impact their ability to engage in successful deals and transactions. Deal activity often declines as businesses become more risk-averse and conservative in their investment decisions. But even in a downturn, a bright spark or a partnership emerges, setting an example for the entire landscape to follow suit. In this uncertain period, one deal, in particular, which stands out is that struck by Sirius Technologies, a Singapore-based enterprise architecture tech startup.
Southeast Asia-focused Integra Partners has secured $8 million from Norwegian sovereign wealth fund Norfund for its second fund, Integra Partners Fund II.