Singapore-based AI-driven property portal MOGUL.sg has raised S$9 million (about $6.5 million) in its first-ever funding round, the company announced today. The lead investor is Nech Capital, a Singapore-based alternative investment management company that invests in both public and private equities, including SMEs and start-ups. With the funding, MOGUL.sg is looking to add more features ... Read more ›
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Global private market exchange ADDX now has around $140 million in total funds after it raised $20 million from its pre-Series B round. Part of the newly raised capital will be spent on growing ADDX Advantage, the company’s wealth management platform that was launched early this year for private banks, brokerages and family offices, and ... Read more ›
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Zenlytic, the enterprise-grade business intelligence tool for commerce, announced that it raised $5.4 million during its recent funding round led by Bain Capital Ventures. The other participants in the round include Primary Venture Partners, Correlation Ventures, Company Ventures, Habitat Partners (Red Antler), and the Sequoia Scout Fund. Used as a tool for commerce brands, Zenlytic ... Read more ›
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Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, entered into a joint venture (JV) agreement with Royal Group of Companies (Royal Group), Cambodia’s strategic investment holding company, to solidify the relationship of the two firms and to expand blockchain ecosystem in Cambodia. Early this year, the two also signed a memorandum of understanding ... Read more ›
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Committed to accelerate the digital transformation of the world’s fourth largest population, Privy has partnered with KKR, a leading global investment firm. They announced on Monday, November 14, the signing of definitive agreements that will allow KKR to participate as the lead investor in the $48 million Series C funding round. Other participants are existing ... Read more ›
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India’s Phyx44 can already proceed with its plan to develop animal-free milk proteins and fats for use in dairy products after it raised seed fund amounting to $1.2 million. The money came from its recent funding round led Better Bite Ventures and participated by Ahimsa VC, PeerCapital, Spectrum Impact, Rohit Gulati (Managing Director and Partner ... Read more ›
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With its latest fund injection amounting to S$10.5 million from Series A of its funding round, FastCo plans to make deeper inroads into the regional markets as it focuses on fortifying its marketing initiatives and growing its sales and product development teams. FastCo has announced that it raised S$4.7million in investments during the extended Series ... Read more ›
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Boardable, an online board management and meetings platform, secured another $2.6 million to fund product innovation and accelerate its growth in the markets that need board management tools the most. The online board management portal announced that it closed $2.6 million in Series A-1 financing from existing investors led by Base10 Partners, VisionTech, and Collina ... Read more ›
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Wavemaker Impact, Southeast Asia’s first climatetech venture builder, has announced the first close of its debut fund to drive decarbonization in the region at scale. And in the next two years, Wavemaker Impact hopes to launch 8 to 12 new sustainability-focused businesses. Choo Heng Tong, the Executive Vice President for New Ventures and Innovation, EDB, ... Read more ›
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WriterZen is working to expand its product features and penetrate strategic markets in the US, UK and Australia in 2023 after it secured seed funding of $1.35 million. Singapore’s AI-based SEO content creation software-as-a-service company hopes to further accelerate its growth next year after its recent seed funding round led venture investor Wavemaker Partners. “Google ... Read more ›
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Philippine-based circular economy startup Humble Sustainability has raised $750,000 in Seed funding to that will enable it to bring companies’ excess inventory back to circulatory through its technology services. Leading Humble’s seed round was Seedstars International Ventures, a seed-stage venture fund dedicated to emerging and frontier markets. The other participants were iSeed Ventures, an early-stage ... Read more ›
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Singapore-based healthcare platform Speedoc announced that it already closed its pre-series B funding round with $28 million in investments that will boost their efforts to make virtual hospitals a reality across the Southeast Asia region. The funding round got the support of new investors including Bertelsmann Investments, Shinhan Venture investment and Mars Growth and its ... Read more ›
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Korean startup Imagoworks Inc’s 3Dme Crown, a digital dental CAD solution company based on artificial intelligence, is attracting attention as the next-generation dental CAD. 3Dme Crown is an automatic crown design module of 3Dme Solutions, Imagoworks’ AI-based web dental solutions. Based on the patient’s 3D scan data, using AI technology, the crown prosthesis design that ... Read more ›
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Startups looking at going global should first establish proof of local traction before doing so, John Lim, Partner at Meet Ventures, said in an interview with AsiaTechDaily. “If you can’t generate demand locally, it is usually even more difficult to generate demand overseas,” Lim said, adding that many good Series B/C startups he has come ... Read more ›
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Seoul-based Korean game company Buff Studio announced launch of a demo version of Blue Wednesday,an adventure game with a story of jazz, love, and failure, on Steam from November 4th. Users operate the main character, “Moris” to walk around the city and interact with objects to run the story. In the game there are more ... Read more ›
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Reaffirming Ireland’s commitment and strong ties to Singapore’s fintech ecosystem, Ireland’s Deputy Prime Minister Leo Varadkar will lead an Irish fintech trade mission to Singapore, coinciding with the Singapore Fintech Festival. The three-day trade mission, organised by Enterprise Ireland, the Irish government’s trade and innovation agency, and the largest VC in Europe (by deal count), ... Read more ›
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Indonesian restaurant management startup and culinary franchise Runchise has announced raising Seed funding in a round anchored by East Ventures. The funding round was also participated by Genesia Ventures, Arise MDI Ventures, Init6, Prasetya Dwidharma, Alto Partners, and angel investors. The Seed funding was used to officially launch Runchise’s online application to increase operational efficiency ... Read more ›
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Education leaders, professionals, and edtech providers across Asia are gathering in Singapore for the 7th Annual EDUtech Asia on November 9 and 10, according to an announcement. Headlining the event are four inspirational international keynotes. Kiran Sethi, Founder/ Director, The Riverside School – Riverside Education Foundation & Founder, Design for Change – Global, India will ... Read more ›
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Despite economic headwinds, Southeast Asia’s digital economy is forecast to hit $200 billion GMV this year, a 20% year-over-year growth and three years earlier than expected, according to the latest report released by Google, Temasek, and Bain & Company. The seventh edition of the e-Conomy SEA report shares an update on how digital economy sectors ... Read more ›
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Singapore-based cloud communications provider Toku is accelerating its growth in the Asia Pacific region after it raised $5 million more in its Series A funding round, which brings the total funding in the round to $10 million. In a statement, Toku said the extended round was co-led by Delivery Hero Ventures and Malaysia’s OSK Ventures ... Read more ›
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Most popular sources
Business Insider
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27% 1 |
Tech Wire Asia
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14% 9 |
CNET
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7% 3 |
Eurogamer.net
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6% 2 |
The Verge
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5% 2 |
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28.11.2024 03:35
Last update: 03:30 EDT.
News rating updated: 10:32.
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