Indonesia-based Baskit, a technology company focused on enhancing traditional supply chains in the country, has raised $1.5m in pre-seed funding. The round was led by Forge Ventures, and also saw participation from DS/X Ventures, Sketchnote Partners, Prasetia Ventures, and other notable regional and global angel investors. Baskit aims to invest in its technology and team ... Read more ›
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Startup founders are often too focused on the amount of money they can get from an investor that they mostly fail to see the value that other investors have to offer to grow their businesses further. Sharon Lou, venture partner at Indelible Ventures, considers this as one of the top mistakes that founders commit when ... Read more ›
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Harriet, a leading platform championing female founders, has partnered with venture capital firms Artesian, Wavemaker Partners, Wavemaker Impact, B Capital, and 1982 Ventures to launch a new forum aimed at bridging the funding gap for female-led startups in the Asia Pacific region. Called ‘The Female Founder Series’, this exclusive forum will bring together investors, mentors, ... Read more ›
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Auros, a crypto-native algorithmic trading and market making firm that operates in New York and Hong Kong, has raised $17 million in its latest funding round. The fundraising was led by global high-frequency trading firm Vivienne Court, with participation from Bit Digital Inc, Trovio, Epoch Capital, Primal Capital, and a consortium of senior alumni from ... Read more ›
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Southeast Asian Web3 technology startup Gaspack has secured additional funding through a pre-seed round with the support of eMerge, the angel investor network of MDI Ventures, and Arise. The amount of investment was not disclosed but the startup said 500 Global and Tokoin also participated in the funding round. The company plans to use the ... Read more ›
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Etana Biotechnologies Indonesia (Etana) has received new investments to develop high-quality and affordable biopharmaceutical products for patients in Southeast Asian countries. The company‘s President Director, Nathan Tirtana, stated that the financial support would help provide better treatment and improve healthcare for their target population. The funding round was led by DEG and participated by Yunfeng ... Read more ›
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In the rapidly evolving field of artificial intelligence (AI), ensuring the quality of AI systems has become a crucial concern. Korean startup AITest.AI has established itself as a market leader in training to meet the growing demand for education in AI system testing. Recently, AITest.AI launched an innovative AI-testing training course on Udemy, a global ... Read more ›
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Indian fintech platform PhonePe has raised an additional $200 million in investments from Walmart, bringing the company closer to its $1 billion target fundraise in capital. This latest investment was made at a pre-money valuation of $12 billion, adding to the $650 million funding aid PhonePe has already received from various global investors. The company ... Read more ›
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Proxtera has closed its seed round of funding, securing fresh funds to further develop its digital cross-border trade and financial services. The round was led by Ant Group, CerraCap Ventures, and EDBI. The company is the result of the Business sans Border initiative, which aims to create a global ecosystem of MSMEs through trusted credentials, ... Read more ›
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Antler, a global venture capital firm with a strong presence in Indonesia, has committed to supporting aspiring founders and early-stage teams in the country by investing in over 30 startups in 2023. The company has already invested in 25 local startups since its launch in 2022. Antler invests in companies from Day Zero and provides ... Read more ›
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Investment firm Heritas Capital has announced the successful first close of Asia Impact First Fund (AIFF) with $20 million in total commitment. The round was anchored by DBS, which committed $10 million. The fund was also supported by like-minded impact-focused family offices, foundations, corporates and high-net-worth individuals like Tsao Family Office, IMC Group, Ishk Tolaram ... Read more ›
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FunP Innovation Group, a Taiwan-based digital advertising sales and advertising technology conglomerate, announced that it has secured $3.12 million in additional investments to fuel smart retail and cloud drive into the Indonesia market. The company received the support of Ennoconn Corporation, a global leader in integrated cloud management services, industrial internet of things (IoT) and ... Read more ›
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Asia’s largest digital stationery service for tablet users, WeBudding, has announced a content partnership agreement with GoodNotes 5, the popular digital paper app used by millions worldwide. Under the partnership, WeBudding will offer digital note templates, planners, sticker images, and more for use within the GoodNotes 5 app. In exchange, WeBudding will receive exclusive distribution ... Read more ›
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One Impression, a global influencer marketing platform, has raised $10 million in Series A funding to expand its product offerings and presence in the international market. The round was led by South Korean gaming company KRAFTON, Inc. and followed a seed round earlier in January that raised $1 million from top angel investors and celebrities. ... Read more ›
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Indonesia-based raw material procurement platform Bababos has closed its pre-seed funding round, with East Ventures as the lead investor. The startup plans to use the additional capital to build a seamless platform that connects small and medium enterprise (SME) manufacturers directly with quality raw materials sourced from top suppliers and producers. Bababos is committed to ... Read more ›
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Broom, an Indonesia-based automotive SME tech solutions startup, has announced raising $10 million in pre-Series A funding round led by Openspace Ventures. The funding round was also backed by MUFG Innovation Partners and BRI Ventures, alongside existing investors AC Ventures and Quona Capital. Broom’s newly raised funds will enable the company to diversify its product ... Read more ›
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The third edition of BEYOND International Technology Innovation Expo (BEYOND Expo) returns to its real-world conference format in Macao from May 10 to 12, 2023. The live-streamed and in-person conference format will provide exhibitors and attendees with more direct access to media channels and networking opportunities than ever before through the largest and most influential ... Read more ›
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Airwallex, an Australia-based global payments and financial platform, has announced that it has secured a payment business license in China. This happened following their successful acquisition of a 100% stake in Guangzhou Shang Wu Tong Network Technology Co., Ltd., an information and online payment services company. “We are excited to achieve this milestone, and to ... Read more ›
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Growfin, a SaaS fintech startup, has raised $7.5 million to boost its operations in the US and Asia to double down on building more AI-based technology to expand its platform. The Series A funding round was led by Singapore’s SWC Global, the startup said in a statement. Growfin, that is based in Singapore and San ... Read more ›
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Most of the businesses that are currently subscribed to cloud services are set to make a full cloud migration in the next two years. This is according to a survey that was commissioned by Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group. A survey report called “The Next-Generation Cloud Strategy in Asia” ... Read more ›
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Most popular sources
Business Insider
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27% 1 |
Tech Wire Asia
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16% 11 |
Eurogamer.net
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6% 2 |
CNET
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6% 3 |
The Verge
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5% 2 |
| View sources » | |
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27.11.2024 20:39
Last update: 20:35 EDT.
News rating updated: 03:31.
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