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Deals in brief: Shopee buys credit arm of Brazil s Blu, Biorithm and Blue Planet secure funding, multiple China and India deals, and more

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

Sulawesi utaraUnited statesSaudi arabiaShi yingSouth koreaNew yorkJose nevesAbdul majeed alsukhanYirui pharmaceutical technologyGalactic energySail technologyQinling technology venture capitalF mec internationalWisbiom zhongke weizhi technologySinofaith ip groupInvestment fund for developing countries

China s private rocket startup Galactic Energy bags over $154m in new rounds

Founded in February 2018, the Beijing-based firm previously sealed its Series B and B+ rounds at around $200 million in January 2022.

Galactic energyZiyang major industry equity investment fundZiyang major industry equity investmentHesheng investmentFounder securitiesMatrix partners china backed landspaceOriental fortune capital

Singapore, Sichuan companies sign 6 MOUs as bilateral trade hits record US$2 7 billion in 2022

These collaborations signal Singapore firms’ continued interest in Sichuan, says minister Tan See Leng. Read more at straitstimes.com.

Huang qiangYang xingpingSingapore chinese chamberIndustry sichuan representative officeInvestment committeeZiyang major industry equity investment fundAssociation of sichuan entrepreneursSecond ministerIndustry tan seeSingapore sichuan tradeLongchang yuanjuonSichuan hi tech innovation parkInnoven capital chinaSichuan representative officeGeneral associationSichuan entrepreneurs

China solar panel maker Jinko to sell unit for $622 million

China s Jinko Solar Co Ltd said it would sell its unit for 4.3 billion yuan to buyers including a government-linked fund, as one of the world s major solar panel producers looks to cut costs and. | May 24, 2023

Kane wuDong shihongRoxanne liuKim coghillXinjiang jinko solar co ltdSuzhou shijing environmental technology co ltdChina state administration for market regulationZiyang major industry equity investment fundJinkosolar holding co ltdJinko solarState administrationMarket regulationMajor industry equity investment fundJinko solar coTd stock exchangePress release

Chinese solar panel maker Jinko to sell unit for $622m

The buyers include a government-linked fund.

Dong shihongChina jinko solar co ltdJinkosolar holding co ltdZiyang major industry equity investment fundChina state administration for market regulationXinjiang jinko solar co ltdSuzhou shijing environmental technology co ltdJinko solar co ltdJinko solarState administrationMarket regulationMajor industry equity investment fund

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