Startups globally struggled to raise funds as investors rushed out of tech stocks

Transportation Undersecretary Cesar Chavez said development aid loan deals for three projects were deemed "withdrawn" after China "failed to act on funding requests"

State-owned investment firms Shanghai Guosheng Capital, Jinggangshan Investment and the investment arm of Ping An Insurance Group were the investors

Banks and financial institutions such as payment processors are expected to contribute to the state-controlled stability fund, apart from some public funds

Taking into account access to different Bain pools of capital, the second fund means Bain now has $5 billion of capital to invest in the region

Envision Digital, part of Chinese renewable firm Envision Group, said the funding will help it to expand operations and fund research and development

GenZero, which will be wholly owned by Temasek, aims to deploy capital in ventures that will help achieve net-zero greenhouse gas emissions by 2050

A study gave instances of participants winding up US companies, participating in China's talent programmes and working at entities aiding the People's Liberation Army

The ‘Small Business, Big Growth’ report surveyed over 1,000 SME owners globally, who set up their company and applied for a business loan in the last five years

The round is led by SoftBank Vision Fund 2, with VNG, Rapyd Ventures, EDBI, Indies Capital, Ascend Vietnam Ventures, Sequoia Capital India and BRI Ventures

Kyungsun Chung, co-founder and a managing partner of Sylvan, said investments were made from its Sylvan Asia Growth Fund I

Bodhi Tree will seek investments in media and consumer technology in Southeast Asia, with a focus on India