Fundraising

Anthropic considering funding offers at over US$900 billion value

The Claude maker has been on the hunt for more infrastructure to meet growing demand for its products

Market observers note that investors in PE funds here are now getting a more even mix between global and Asia-based investors.

Asia private equity piques investor interest as distributions top global averages, despite fundraising headwinds

The regional market is showing early signs of recovery and maturing, with a growing tilt towards buyout funds

From left: PvX chief revenue officer Ridzki Syahputera; PvX CEO Joe Wadakethalakal; and PvX chief credit officer Sim Zhen Jie.

User acquisition financing platform PvX Partners raises US$10.5 million Series A round

The company’s committed UA financing now exceeds US$750 million; it aims to quadruple deal flow in 2026

In September, the conglomerate’s EV unit VinFast Auto secured a US$150 million loan for working capital, after raising US$510 million in private debt two months prior.

Vingroup’s hospitality arm seeks US$300 million in private debt

Vinpearl’s fundraising comes as private credit markets in the US reel from a series of high-profile setbacks

PayPay has been stepping up efforts to expand overseas ahead of the global offering.

PayPay, SoftBank raise US$879.8 million in payments firm’s US IPO

As at December, the number of digital payment users exceeds 72 million in a country of roughly 123 million

Bain’s ability to lock down capital in roughly seven months stands in contrast to the broader market.

Bain Capital raises US$12.5 billion in Asia, Japan fund sprint

Strong demand pushes the fund to its hard cap, far exceeding the US$7 billion target

The first portion of the funding round will largely come from strategic investors, according to sources.

OpenAI funding on track to top US$100 billion in latest round: sources

The company’s pre-money value will remain US$730 billion, according to a source

At the festival, SPH Media presented a token of appreciation to UOB for its support of ChildAid, a charity concert organised by The Business Times and The Straits Times. From left: BT editor Chen Huifen; SPH Media deputy CEO Kuek Yu Chuang; UOB head of group corporate social responsibility Leonard Tan; SPH English/Malay/Tamil Media group editor-in-chief Wong Wei Kong; and ST editor Jaime Ho.
TAKING HEART

Sing60 ends on a high note for charity

More than 60 home-grown acts across several genres performed at the two-day music festival

August Global Partners' second fund AGP Healthcare Fund has already deployed capital and gotten returns before closing fundraising.

August Global Partners raises US$150 million in final close of Healthcare fund

The fund seeks opportunities in healthtech, advanced manufacturing, digital health and precision medicine