Superkul, a cold chain & chiller-based last-mile delivery services startup, announced the completion of its seed funding round led by East Ventures, the leading and pioneering sector-agnostic venture capital firm in Indonesia. Superkul will allocate the fresh funds mainly to focus on scaling up the operation by adding operation fleets, expanding the team, and enhancing ... Read more ›
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Mojocare, an India-based full-stack health and wellness clinic, has raised $20.6 million (INR 160 Cr) in a Series A fundraising round led by B Capital and existing investors Chiratae Ventures, Sequoia India’s Surge, and Better Capital. The Bengaluru-based company will use the funds to expand its product, content, and care delivery teams, strengthen and diversify ... Read more ›
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Funding Societies, Southeast Asia’s largest SME digital financing platform, announced that it signed a $50-million credit facility* with HSBC Singapore to continue expanding the firm’s reach to serving underserved SMEs in the region. This announcement comes at the heels of Funding Societies’ most recent acquisition of regional digital payments platform CardUp (subject to regulatory approvals), ... Read more ›
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Surge, Sequoia India & Southeast Asia’s rapid scale-up program, has launched its seventh cohort, featuring 37 accomplished founders across 15 early-stage startups in Southeast Asia and India. Surge 07 founders are leveraging their deep expertise in technology and consumer insights to drive innovation in India, Southeast Asia and the world. This includes founders who are ... Read more ›
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Singapore-based cleantech company SunGreenH2 has raised $2 million in a seed funding round led by SGInnovate, with participation from Vinci VC, Cap Vista, Entrepreneur First, SOSV’s HAX, she1K, T. Chen Fong, and Apsara Investments. This news comes alongside the announcement of a grant award the company recently received as part of the $8 million partnership ... Read more ›
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FOMO Pay, the Singapore-headquartered major payment institution that enables the digital economy with global virtual banking solutions for financial institutions and enterprises, announced that it has secured a $13 million investment in its Series A round led by Jump Crypto. The funding round was also participated by HashKey Capital, Antalpha Ventures, Ab Initio Capital, and ... Read more ›
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In recent years, companies have been actively engaged in short-term expansion and business restructuring through M&A. For example, global pharmaceutical and bio companies’ aggressive mergers and acquisitions (M&A) are rising. In 2018, the size of M&A in related fields totaled KRW 400 trillion and is expected to reach around KRW 1.6 quadrillion by 2022. They ... Read more ›
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TotallyAwesome, a Singapore-headquartered digital advertising network for kids, teens, and families, has announced raising $10 million seed funding from Partners For Growth and Yefira Group. The funding round, which is a mix of debt and equity, will help the startup double down on expanding its proprietary data-driven managed and programmatic offerings to enable brands to ... Read more ›
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Singapore-based healthtech startup MiyaHealth has announced raising additional funds in its pre-Series A round anchored by healthcare and technology investors including HealthXCapital, Central Capital Ventura, and SEEDS Capital. This comes after MiyaHealth raised $6.5 million pre-Series A in February this year, which was one of the largest pre-Series A rounds by a healthtech start-up in ... Read more ›
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Chinese e-commerce SaaS platorm Dianxiaomi has raised $110 million in Series D funding led by SoftBank Vision Fund 2 and Sequoia China, with participation from Tiger Global Management, GGV Capital, and Huaxing Growth Capital. This brings the company’s total funding in 2022 to $210 million. Proceeds from the round will be used to further expand ... Read more ›
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Expedock, a Filipino-founded innovator in the international freight software industry, announced raising $13.5 million in Series A funding, bringing the company’s total amount raised to $17.5 million. Global software investor Insight Partners led the round, with participation from Motion Ventures as well as existing investors Pear and Neo and executives from Project 44, Salesforce, Meta, ... Read more ›
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edamama, the Philippines’ leading parenting-focused e-commerce platform, has secured a $20 million Series A funding round led by Alpha JWC Ventures – one of Southeast Asia’s most prominent venture capital firms. The oversubscribed fundraise is one of the Philippines’ largest early-stage rounds, and includes significant participation by edamama’s existing investors, notable among which are Gentree ... Read more ›
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Crypto.com, the world’s fastest growing cryptocurrency platform, announced today it has secured Electronic Financial Transaction Act and Virtual Asset Service Provider registration by acquiring payment service provider PnLink Co. Ltd. and virtual asset service provider OK-BIT Co. Ltd. “This is an exciting next step for Crypto.com in an important market,” said Kris Marszalek, Co-Founder and ... Read more ›
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Omnivio, a Noida-based ecommerce and omni-logistics platform for enterprises that offers control towers enabled logistics marketplace, announced raising $400,000 in its angel funding round anchored by Supermmorpheus, Dexter Angels, and 91 Ventures. The round also witnessed participation from an array of esteemed founders and angel investors from India & Middle East, including – Deepak Jain ... Read more ›
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Vietnam’s earned wage access (EWA) provider Nano announced that it has raised $6.4 million in an oversubscribed pre-Series A round led by Openspace, the early backer of Gojek, Kumu, and Finhay. New investors that participated include Partech Partners, Tekton Ventures, KVision, IT Farma and Sketchnote Partners. Existing backers Golden Gate Ventures, FEBE Ventures, FJLabs, Venturra, ... Read more ›
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Evo, a direct-to-consumer (DTC) startup based in Singapore, has raised $600,000 in its seed funding round led by East Ventures and participated by notable angel investors Aaron Tan from Carro, Joel Leong from ShopBack, Mohandass from Spenmo, and Jonathan Tan from Prism+. East Ventures is one of the first and largest multi stage venture capital firms ... Read more ›
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Insignia Ventures Partners, a Singapore-based venture capital investor, said it will be more aggressive on “next-decade sunrise sectors” in the region after it announced raising $516 million for three venture funds. The company said it will aggressively explore opportunities in web3, climate tech, healthcare, and agriculture. “There is understated but critical alignment between the solutions ... Read more ›
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Indonesia-based integrated food technology startup GREENS announced that it has raised an undisclosed amount in its pre-Seed funding round led by East Ventures and backed by other investors. GREENS said it will allocate the new funding to build the ecosystem for food decentralization in two phases. Phase 1 will focus on enabling a hyperlocal food ... Read more ›
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Cambodian food distribution firm Azaylla announced that it has received Pre-Series A funding from Insitor Impact Asia Fund II, an impact investment fund managed by Insitor Partners. The company, which works with smallholder farmers and co-operatives across the country to source fresh produce, will use the new funding to grow its sustainable and socially responsible ... Read more ›
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UNOAsia Pte Ltd, the Singapore-headquartered primary incorporator of UNO Digital Bank (UNObank) in the Philippines, announced that it has secured $11 million in a pre-Series A funding round led by Creador Private Equity (Creador). Creador, which is headquartered in Malaysia, has already invested a total of $21 million and has plans to increase this further, ... Read more ›
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28.11.2024 07:47
Last update: 07:40 EDT.
News rating updated: 14:41.
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