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Posts in Deals
Environment intelligence provider Komunidad raises financing from Wavemaker and Asian Development Bank
 

Congratulations to Komunidad, Wavemaker Partners and Asian Development Bank (ADB).

AEI Legal is proud to have supported this deal. Komunidad is an environment intelligence service provider that helps businesses plan for safety, operational efficiency and business continuity during natural disasters. This is a platform both timely and meaningful, in light of the rapid and intensifying effects of climate change.

Read more on Techcrunch:

https://techcrunch-com.cdn.ampproject.org/c/s/techcrunch.com/2021/10/03/komunidad-a-philippines-based-environmental-intelligence-platform-lands-seed-round/amp/

 
Temasek's Aicadium acquires Basis AI
 

AEI Legal advised the founders of BasisAI (now Aicadium) in the acquisition by Temasek’s Aicadium. Aicadium was founded by Temasek to create and scale AI solutions as a global centre of excellence, leveraging data scientists, engineers and a platform of AI algorithms. BasisAI provides scalable and responsible AI solutions via Bedrock, its end-to-end machine learning platform, and has deployed solutions for Singapore Airlines, ComfortDelgro, DBS, UOB and OCBC.

Congratulations again to Feng-Yuan Liu, Linus Lee and Silvanus Lee on the exit.

Read more:
https://www.businesstimes.com.sg/garage/temaseks-aicadium-acquires-local-startup-basisai

 
DealsAndrea Cheem&a, tech, founder exit
E-commerce aggregator Rainforest raises US$20M
 

AEI Legal advised e-commerce aggregator Rainforest on its US$20M pre-Series A round.

Huge congratulations to the Rainforest team - JJ Chai, Jason Tan, Per-Ola Röst and Janitha Navaratnam - it’s a real pleasure to work in close partnership with this trailblazing team.

Read more on Techcrunch:

https://techcrunch-com.cdn.ampproject.org/c/s/techcrunch.com/2021/09/07/e-commerce-aggregator-rainforest-raises-20m-just-months-after-its-last-funding/amp/

 
DKSH's acquisition of Singapore medical device distributor Medworkz
 

AEI Legal is proud to have advised DKSH on its acquisition of Singapore medical device distributor Medworkz.

With this deal, DKSH builds its orthopedics capabilities and continues the expansion of its medical device distribution, sales, and marketing platform for Asia Pacific.

Listed on the SIX Swiss Exchange, DKSH operates in 36 markets with 32,450 specialists, generating net sales of CHF 10.7 billion in 2020.

Read more on Bloomberg:
https://www.bloomberg.com/press-releases/2021-02-16/dksh-announces-two-acquisitions-in-asia-pacific

AEI lawyers Andrea Chee, Yuho Bong & Zhitian Law advised DKSH.