Ion Pacific Completes $8.7 Million Secondary Investment in Singlife
• Deal gives Ion Pacific additional exposure to Singlife, Southeast Asia’s leading mobile savings and protection company• Investment is completed right after Singlife’s S$3.2 billion merger with Aviva Singapore, the largest insurance deal in Singapore to date HONG KONG – Ion Pacific, the investment manager focused on providing creative capital solutions to the innovation ecosystem, […]
Singapore Life receives US$7.3m investment from Ion Pacific
Singapore Life, a technology-focused life insurer, has received a US$7.3 million investment from Hong Kong-based asset manager Ion Pacific. Alongside Ion Pacific, the other participants of this latest funding round were existing shareholders Aflac and Standard Life Aberdeen, Deal Street Asia reported. Read more: Aberdeen Standard invests US$13 million in Singapore Life The transaction gives Ion Pacific exposure […]
Facebook Buys Software from Icelandic Tech Company
Icelandic software company Videntifier has signed a major contract with Facebook for use of the visual search engine software that the company has spent the last decade developing. Videntifier’s technology gives computers the ability to recognize complex visual information—both stills and moving images—no matter the format or whether the image has gone through modifications. Interpol […]
“Ion Pacific leads Catalia Health’s recent $4M funding round”
Catalia Health draws another $4M in early funding By Dave Muoio San Francisco-based patient engagement startup Catalia Health has announced an additional $4 million in pre-Series A funding from Ion Pacific and other investors. Building upon previously announced seed funding largely raised from repeat backer Khosla Ventures, the latest round brings Catalia’s total funding to $7.75 million. Catalia’s flagship product, […]
Ion Pacific Takes Secondary Stake in Leading Global Venture Capital Fund
Investment and merchant bank Ion Pacific today announced that one of its funds had acquired a secondary stake in a leading global VC fund from a distressed limited partner (DLP)…….
Sale of Hamleys Toy Store Chain to Chinese Firm Points to Trend in Heritage Brand Deals
The sale of the iconic Hamleys toy store chain highlights the continued interest of Chinese companies in acquiring heritage brands, Arena Wealth Management S.A CEO Thorsteinn Olafsson said today. Chinese footwear retailer, C Banner International Holdings Limited, purchased the trading group that operated under the famous Hamleys brand…….
