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PT Ilectra Motor Group Raises Up To USD50M in Series B Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! ....

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🌏 CTVC's guide to NYCW #163

Back to school and back to conference season ....

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Deals in brief: CompAsia secures Series A funding, Singapore welcomes new biotech incubator, and more

Bringing you the latest news briefs on fundraising activities in the Asia Pacific. ....

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Horizons Ventures leads IMG's Series B investment round along with HH-CTBC Partnership, L.P. (Foxconn Co-GP Fund) and Indika Energy as the largest investors

PT Ilectra Motor Group (IMG or ALVA) with its brand ALVA has finalized its Series B fund raise, totalling up to USD50 million. The round which included all previous investors, is led by Horizons Ventures. New investors include HH-CTBC Partnership, L.P. (Foxconn Co-GP Fund), which together with Horizon Ventures and Indika Energy, form the largest investors of IMG to date. New investors other than Foxconn Co-GP fund include Brama One Ventures. Proceeds from the Series B funding will be used. ....

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Deals in brief: Solar AI bags USD 1.5 million in seed round, Alva secures funds for Indonesia expansion, and more

Deals in brief: Solar AI bags USD 1.5 million in seed round, Alva secures funds for Indonesia expansion, and more
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