F88 Investment Joint Stock Company (F88) has raised additional investments amounting to $50 million from a recent fundraising that was led by Vietnam-Oman Investment Fund (VOI) and Mekong Enterprise Fund IV(MEF IV). It intends to invest the funds in technology, data analytics and data science, brand building and acquiring new customers, and hiring and the ... Read more ›
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Enstack, Southeast Asia’s first SME superapp, closed Series A of its funding round with $3 million in additional capital from investors led by Mangrove Capital Partners. This is Mangrove Capital’s first investment in Southeast Asia after a rich history of backing global tech leaders including communications giant Skype and website builder Wix. The funding is ... Read more ›
2
The demand for digital stationery content related to learning and writing is increasing. Korean startup Noutecompany has launched a web-based C2C digital stationery platform called WeBudding, which offers a range of templates for digital diaries, notepads, letters, planners, and stickers. The platform enables the trading of digital tablet stationery contents, helping students cope with the ... Read more ›
2
HRtech startup Weploy has expanded its geographic reach beyond Australia as it makes it official entry into the Vietnamese market. The company, which offers digital solution that facilitates fast, easy, high-quality, and professional staffing across multiple industries, said its expansion is supported by a funding round that raised $5 million from an international investor. Using ... Read more ›
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Startup founders wanting to pitch to investors to raise money should not get into the “sell now” part of the conversation immediately but must instead lay the groundwork first, according to James Walker, Associate Counsel and Investor at Draper Associates. Founders, Walker added, should begin with being clear and upfront with what they are building ... Read more ›
0
Startup founders wanting to pitch to investors to raise money should not get into the “sell now” part of the conversation immediately but must instead lay the groundwork first, according to James Walker, Associate Counsel and Investor at Draper Associates. Founders, Walker added, should begin with being clear and upfront with what they are building ... Read more ›
2
Mapxus, a Hong Kong-based indoor Geographic Information System GIS platform, has announced raising $5 million in a Series B funding round anchored by Japanese corporation Kawasaki Heavy Industries. In a statement, the fresh funding will be used to continue the development of its technology. The company offers wide range of technology, with opportunities for both ... Read more ›
0
Durioo+, Malaysia’s Islamic-themed streaming service provider, has announced raising $2.85 million in seed funding. The additional capital will allow Durioo+ to pursue its plan to amass a broader viewership base in the US, United Kingdom, Middle East and North Africa (MENA), Indonesia, Europe and other South Asian countries in the next five years, according to ... Read more ›
2
Multi-channel e-commerce aggregator Una Brands targets to further develop its platform after raising $30 million in its pre-Series C funding round. The fundraiser, which was a mix of equity and debt, will provide Una Brands with sufficient funding for its operations and acquisition plans in the next two years. The startup also plans to continue ... Read more ›
0
Animoca Brands’ gaming subsidiary The Sandbox has announced its acquisition of Sviper GmbH, a German game development studio that is known for its creative excellence in working with major brand partners and its senior-level talent. Sviper’s acquisition is set to add development, engineering, and creative talent to The Sandbox’s global team. Their collaboration is also ... Read more ›
30
Surge, Sequoia India and Southeast Asia’s rapid scale-up program for early-stage startups, has announced the launch of its eighth cohort that features 30 inspiring founders coming from across twelve companies. Surge 08 includes startups that are building exceptional products across climate tech, Artificial Intelligence (AI), the Metaverse, new consumer brands, digital health, and new models ... Read more ›
0
Carro, Southeast Asia’s largest used car marketplace, has received an undisclosed amount of investment from insurtech major ZA Tech Global Limited (ZA Tech), according to an announcement. The two firms have also signed a joint venture deal that will transform and streamline the online insurance distribution and claims process for customers and insurers alike. According ... Read more ›
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Philippine fiber internet provider Converge ICT Solutions Inc. and South Korea’s KT Corporation, formerly Korea Telecom, have agreed to pursue a potential business collaboration and partnership that will support the digital transformation of local businesses by providing innovative enterprise technologies. Converge and KT Corp. signed a memorandum of understanding (MOU) that aims to extend digital ... Read more ›
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Asia Pacific-based early-stage VC Investible has announced the appointment of Charlie Ill to the newly-created role of group Chief Investment Officer, as well as the promotions of Jayden Basha to Principal and Ben Lindsay to Investment Manager. The appointments are part of a broader strategy by the Investible group to unify its early-stage investment funds ... Read more ›
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DigiFT, a Singapore-based decentralised digital asset exchange (DEX) for asset-backed tokens (STO), announced that it has raised $10.5 million in its pre-Series A funding round, led by Shanda Group, a global privately-owned investment group founded by Chinese online entertainment pioneer Tianqiao Chen and family in 1999. The new funds will be used to support license applications ... Read more ›
0
Blockchain Founders Fund, an early stage Web3 Venture capital fund based in Singapore, has announced the final close of its Fund II at $75 million. Fund II, which aims to support high growth potential pre-Seed and Seed stage Web3 and blockchain startups, received backing from key investors, including Polygon, Ripple, Octava, NEO Global Capital (NGC), ... Read more ›
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Semaai, an agritech startup in Indonesia, has raised $2.9 million from its bridge funding round that it will use to further boost its initiative to expand the company’s product offerings and reach more underserved farmers and agri-retailers in the country. With the additional funding, Semaai said it will now be able to help these farmers ... Read more ›
0
Aerodyne Group, a drone solutions provider headquartered in Malaysia, has announced it official entry into the Italian market through a strategic investment in Aiviewgroup, the top drone service provider in Italy. The partnership will allow Aiviewgroup and Aerodyne to harness synergies from their respective areas of expertise, share their technologies and bring these to a ... Read more ›
0
SepPure Technologies, an industrial chemical membrane technology company based in Singapore, has raised $12 million in funding from its recently concluded Series A round. The round that was led by SOSV and saw the participation of Anji Microelectronics, RealTech Fund, Seeds Capital, and EPS Ventures, among others. SepPure Technologies is behind the development of a ... Read more ›
4
Japan’s Mitsui & Co. Ltd. has participated as a lead investor in the Series B financing round of Koios Medical, a US-based healthcare technology and digital medicine company. The investment was made through Mitsui’s wholly owned subsidiary, MBK Healthcare Management (MHM), which is the company’s dedicated healthcare operating platform. MHM is also the biggest shareholder ... Read more ›
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Most popular sources
Business Insider
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29% 0 |
Tech Wire Asia
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9% 4 |
The Verge
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7% 0 |
Tom's Hardware
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5% 1 |
CNET
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5% 2 |
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27.11.2024 18:43
Last update: 18:31 EDT.
News rating updated: 01:31.
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