Indonesia-based mobile cafe startup Jago has raised $2.2 million in Pre-Series A round of financing led by Intudo Ventures and BEENEXT, with participation from CyberAgent Capital, and Arkblu Capital. The round was oversubscribed. Launched in June 2020, Jago is a mobile café powering micro mobile retail—meeting customers whenever they want—wherever they want. With a fleet ... Read more ›
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GXC, a Jeju, South Korea-based global video game solution company, has announced the launch of Round Ventures, a $40-million new venture capital fund that will invest in early-stage gaming firms and startups. Round Ventures will lead investments of $500,000 to $1 million into proven early-stage game startups, then co-invests with renowned partners such as game ... Read more ›
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Singapore-based employment and payroll platform Skuad has announced raising $15 million in a Series A funding round led by a Southeast Asian venture capital investor. A US strategic investor specializing in staffing and two leading global payments platforms also participated in the funding round along with existing investors BEENEXT, Anthemis as well other prominent angel ... Read more ›
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Partipost, Asia’s fastest-growing crowd influencer marketing & commerce platform, announced that it has secured an investment of over $7 million. The oversubscribed round is led by iGlobe Partners, with participation from Temasek’s Pavilion Capital, Taiwan Mobile, Cathay Venture, and Quest Ventures. With this fundraising round completed, iGlobe Partners’ partner Joyce Ng will be joining Partipost’s ... Read more ›
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Xurya Daya Indonesia (Xurya), a solar power rental and installation startup, received additional series A funding from global trading and investment company Mitsui & Co., Ltd. (Mitsui) and PT Surya Semesta Internusa Tbk (SSIA). The total funds obtained through series A reached $33 million or equivalent to IDR 510 billion on October 20, 2022. Xurya’s ... Read more ›
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bolttech, one of the world’s fastest growing international insurtech companies, announced that Tokio Marine, alongside other shareholders, will lead its Series B funding round. The investment values bolttech, Singapore’s only homegrown insurtech unicorn, at an up-round valuation of approximately $1.5 billion, one year after it closed the largest ever Series A funding round for an ... Read more ›
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Beleaf, an Indonesian smart farming startup, announced raising $2 million in a Seed funding round led by Jakarta-based venture capital firm Alpha JWC Ventures. The funding round was also backed by BRI Ventures’ Sembrani Nusantara, MDI-Finch Capital’s Arise, and several prominent angel investors. Founded in 2019 by Amrit Lakhiani, Beleaf is a smart farming company ... Read more ›
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Indonesia-focused venture capital investor East Ventures has anchored the pre-Seed funding round of Pocket, an fintech startup that provides a financial health platform for Indonesian families. In a statement, Pocket said it will allocate the fresh funds mainly for product penetration in increasing adoption and users. The startup will also invest in developing its product ... Read more ›
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Indonesia-based waste management technology firm Waste4Change announced that it secured a $5 million Series A funding round, co-led by AC Ventures and PT Barito Mitra Investama. The round was joined by Basra Corporation, Paloma Capital, PT Delapan Satu Investa, Living Lab Ventures, SMDV, and Urban Gateway Fund. Waste4Change is a waste management platform for companies, ... Read more ›
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Indonesian open finance platform Ayoconnect has raised an additional $13 million in its Series B funding round, bringing the total amount it raised to date to $43 million. The Series B extension financing round was anchored by SIG Venture Capital and backed by CE Innovation Capital and PayU, the payments and fintech business of Prosus. ... Read more ›
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PropertyGuru Group, Southeast Asia’s property technology major, has acquired Singapore home services technology company Sendhelper for an undisclosed amount, according to a company announcement. The acquisition marks PropertyGuru’s foray into the home services industry as it aims to provide easy and reliable access to home management and maintenance services. According to the announcement, the acquisition ... Read more ›
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Thailand-based property technology (proptech) startup PropertyScout is expanding further in the country after raising $5 million in a Series A funding round led by Singapore-based venture investor Altara Ventures. In a statement, PropertyScout said the round was also backed by Partech, Hustle Fund, AngelCental, Asymmetry VC, among others, and brings its total funds raised to ... Read more ›
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Konvy, a beauty e-commerce platform based in Thailand, has announced raising $10 million in a Series A funding round that will help accelerate its expansion and hiring. The funding round was anchored by Singapore’s Insignia Ventures Partners. The investment marks Insignia’s first investment in a Thai-based and focused company. Konvy was launched in 2012 by ... Read more ›
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Singapore-based non-fungible token (NFT) infrastructure startup Gomu has announced raising $5 million in a Seed funding round that will power NFT liquidity incentives and commerce. In a statement, the company said the funding round was backed by venture investors Coinbase Ventures, Defiance Capital, Saison Capital, and several angel investors. The company did not provide its ... Read more ›
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CLASSUM, a South Korea-based B2B SaaS company that provides and interactive learning platform, has announced raising $11 million in its pre-Series B funding round. The funding round was anchored by Dunamu & Partners and participated by Silicon Valley-based Big Basin Capital and South Korean investor Pearl Abyss Capital. The startup, founded in 2018, said it ... Read more ›
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Indonesian Shariah-compliant SME lending platform Alami Group has announced raising a pre-Series B funding that would further boost its financial technology. Financial details of the funding were not disclosed but Alami said the round was led by East Ventures (Growth fund) and backed by returning investors AC Ventures, Quona Capital, and FEBE Ventures. The pre-Series ... Read more ›
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klikit, a Singapore-based startup that seeks to help Southeast Asian restaurants grow further, has just raised $2 million in pre-Seed funding, according to an announcement. The funding round was co anchored by Wavemaker Partners and Global Founders Capital. Gentree Fund, AfterWork Ventures, Reshape Ventures, Nordstar, Pentas Ventures, and a number of angel investors also participated. ... Read more ›
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Indonesia-focused venture capital firm East Ventures announced that it has co-anchored, along with Init-6, the pre-Seed funding round in Product-as-a-Service startup Bioma. The amount raised was not disclose but according to East Ventures’ announcement, Bioma will used the fresh capital to further expand its services. Established early this year, Bioma is platform that provide customers ... Read more ›
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ARCADE2BIT, a Web3-based game platform based in Singapore that s publishing games in Southeast Asian countries, announced that they had signed an MOU with Indonesia’s game NFT marketplace, Kaching, on September 23rd. Also, they announced that they will make various cooperations with Kaching to bring a lot of Korean games successfully in Indonesian market. Kaching ... Read more ›
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Southeast Asia’s super app Grab is targeting to achieve breakeven on a group adjusted EBITDA basis by the second half of 2024 on the back of the acceleration of its path to profitability. Grab said in a statement that for the second half of 2022, the group adjusted EBITDA is expected to be $380 million, ... Read more ›
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28.11.2024 03:29
Last update: 03:20 EDT.
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