Indonesia's Danantara Pledges $5 Billion to Homegrown Companies Amid Market Uncertainty
Indonesia's sovereign wealth fund Danantara plans to invest $5 billion in Indonesian businesses over the next six to nine months.
#Asia
Fortune Term SheetAI Score3838 Crunchbase NewsTop DealsAI Score6262 Asia Startup Funding Hits Near-Record $38.5B in Q3, Driven by AI
Asia's startup funding reached $38.5 billion in Q3, the second-highest quarterly tally on record.
Why it matters: Crunchbase data shows AI captured about 55% of Asia's $38.5B Q3 venture total, with China taking 70%, giving readers a concrete read on where regional capital is concentrating.
SiliconANGLESame newsAI Score6565 Scimplify raises $25M Series C led by Hitachi Ventures at $250M valuation
Chemical sourcing startup Scimplify raised $25 million in a Series C led by Hitachi Ventures.
Same story, shown in Top Deals《Scimplify raises $25M to use AI for critical materials》
TechCrunch StartupsTop DealsAI Score7171 Scimplify raises $25M to use AI for critical materials
Scimplify raised a $25M all-equity round led by Hitachi Ventures, with Henkel and Teknor Apex joining as investors.
Why it matters: Scimplify's round shows how AI agents are being applied to specialty chemicals and critical materials, with revenue and customer numbers that indicate real commercial traction.
TechCrunch VentureTop DealsAI Score6262 Endeavor Catalyst raises $320M fifth fund for founders outside the Bay Area
Endeavor Catalyst closed its fifth fund at $320 million.
Why it matters: Endeavor Catalyst's fifth fund shows where non-Bay Area founders are getting funded while most venture money concentrates on Silicon Valley AI.
Crunchbase NewsTop DealsAI Score6666 Crunchbase: Q3 2026 Sets Record With 27 Billion-Dollar Rounds as AI Race Heats Up
Global venture funding reached $159 billion in Q3 2026 across nearly 6,000 startups.
Why it matters: Crunchbase's Q3 2026 data shows a record 27 billion-dollar rounds and $159B in global venture funding, giving readers a concrete read on where AI capital is concentrating.
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