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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily · 01/06/2022 20:23 EDT

India’s Living Food scores more than $7m in latest funding

Living Food, India’s fastest-growing 1P platform focused on fresh food, has raised $7.5 million in its Series A funding round led by Amasia, a thesis-driven venture capital firm specializing in sustainability via behavior change. SOSV, Blume Founders Fund, and notable angels including Xander Group founder Sid You and Nexus Venture Partners co-founder Sandeep Singhal were ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily · 01/06/2022 20:10 EDT

Malaysian edtech firm Pandai secures $2m in funding

Pandai, a Kuala Lumpur-based education technology firm, recently raised a total of $2.03 million from a consortium of local and international investors. The investors who participated in the round include Y Combinator, Global Founders Capital, 500 Global, Soma Capital Harvard, and Malaysian investors RHL Ventures, Falnas Capital, and Kembara Kapital. Angel investors also included ex-Google ... Read more ›

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily 1 place · 01/05/2022 15:31 EDT

Singapore-based FinTech startup Brankas has raised US$20 million in funding in a Series B round led by Insignia Venture Partners along with participation from AFG Partners, Visa, and Treasury International. Existing investors Integra Partners and Beenext also joined the round. With this fresh funding, Brankas will scale its network and expand its product menu of ... Read more ›

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily 2 place · 01/05/2022 15:30 EDT

Vietnamese AgriTech startup FoodMap raises US$3 million funding in Series A round

Vietnam-based AgriTech ecommerce platform FoodMap has raised US$3 million in funding in a Series A round led by Beenext and Vulpes Venture. The funding round was also joined Ascend Vietnam Ventures and existing investor Wavemaker Partners. Founded in 2020 by Pham Ngoc Anh Tung, FoodMap’s platform connects farmers and food producers directly to B2C and ... Read more ›

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily 3 place · 01/05/2022 15:28 EDT

Singapore’s crypto media startup Chain Debrief raises US$900k in seed funding round

Singapore-based media platform Chain Debrief dedicated to crypto has raised US$900k in seed funding round led by its angel investor Sim Jian Hong along with participation from institutional investors such as Gecko Ventures, QCP Capital, Coinhako, and Double Peak Group. The seed funding round was also joined by senior executives from Xfers, Defiance Capital, Mintable ... Read more ›

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily · 01/05/2022 15:27 EDT

China-based logistics startup ZTO Freight raises over US$300 million in Series B funding round

The less-than-truck-load logistics startup ZTO Freight owned by Chinese delivery group ZTO Express has raised over US$300 million in a Series B funding round to strengthen its market position as ecommerce in China. ZTO Freight did not disclose its investors for the funding round, however, its earlier investors included Chinese asset manager CDH Investments, Sequoia ... Read more ›

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AsiaTechDaily
developer @ AsiaTechDaily · 01/05/2022 10:37 EDT

Looxid Labs wins CES 2022 Innovation Award in Health and Wellness

Looxid Labs Inc. a Virtual Reality(VR) based proactive mental healthcare startup, announced that its product LUCY – VR cognitive health coach combined with biosignal interpretation – has earned a CES 2022 Innovation award in health and wellness category. In particular, it is meaningful for the company to receive this award four years after winning the ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily · 01/04/2022 19:54 EDT

Play It Forward DAO raises $6M in Signum Capital-led funding

Play It Forward DAO (PIF DAO) announced the completion of a $6 million private round co-led by Signum Capital, Kyber Ventures, and UOB Venture Management. Jump Capital, GBV, LD Capital, Great South Gate, Octava, 975 Capital, Arcane Group, Tokocrypto, AU21, Double Peak Group, Faculty Group, NxGen, DWeb3 Capital, GSR, SL2 Capital, and Mintable are some ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily · 01/04/2022 19:46 EDT

RushOwl raises $500K to expand its ride-sharing business in APAC

Singapore-based smart mobility startup RushOwl has reportedly raised about $500,000 in seed funding led by Silicon Solutions Partners, an investment firm focused on servicing and growing smart city entrepreneurs. Other backers in the funding round include current investor Seeds Capital (the investment arm of Enterprise Singapore) and Workplace Accelerator (an HRtech accelerator). By 2022, RushOwl ... Read more ›

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily 1 place · 01/03/2022 09:10 EDT

Blockchain startup Almond Finance raises US$2 million in seed funding round

Singapore and Boston based B2B startup Almond Finance that offers a blockchain-based fund transfer infrastructure connecting financial institutions globally has raised US$2 million in seed funding led by Morningside Group along with participation from other angel investors. The funding will help the company to drive product development, hiring, and adhering to the compliance requirements for ... Read more ›

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily 2 place · 01/03/2022 09:06 EDT

India’s Mamaearth and Derma Co’s  parent company Honasa Consumer Pvt. Ltd. bags unicorn title with US$52 million fundraise from Sequoia Capital

India-based ecommerce platform Honasa Consumer Pvt. Ltd. has become the first unicorn of 2022 in the country with a US$52 million funding round led by Sequoia Capital along with participation from Sofina Ventures, a Belgium-based investment fund and Evolvence, a UAE-based India focused fund. Honasa Consumer that sells personal-care products under the label Mamaearth, House ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 3 place · 01/03/2022 02:47 EDT

Singapore-based healthtech firm Smarter Health raises $3.8m

Smarter Health, a Singapore-based healthtech company, has raised S$5.15 million ($3.8 million) in Series A funding led by Southeast Asia venture capital firm East Ventures. The latest funding round also saw the participation of Orbit Malaysia and Citrine Capital. Other investors in this round include HMI Group and Emtek. “We are excited to partner with ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily · 01/03/2022 02:37 EDT

Borzo acquires Indian delivery service NOW, to boost its position in Asia

Borzo, a global same-day intracity delivery service for enterprises, has acquired NOW, a 90-minute delivery service provider in India. Located in the Netherlands, Borzo plans to expand its footprint in Asia and provide clients with additional customized delivery options as a result of the acquisition. NOW will benefit from Borzo’s knowledge and efforts in 10 ... Read more ›

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily 1 place · 12/30/2021 04:41 EDT

BioMe Inc. & Yonsei Medical Center sign technology transfer contract for pathbreaking microbiome treatment

The microbiome treatment market is receiving global attention and is rapidly emerging as a new treatment alternative for various intractable diseases. However, recent clinical trial failure reports and the limitation to identify a clear mode of action demand a careful approach. Korea-based company BioMe Inc. wants to bring in disruption with pathbreaking microbiome-based therapeutics.  Established ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 2 place · 12/30/2021 03:51 EDT

Singapore startup CyberHash raises $20m in Lemon-led funding

CyberHash, a Singapore-based distributed storage solutions startup, has announced raising $20 million in an early-stage funding round led by venture capital investor Lemon with participation from tech investor Alex Zhu. The startup provides cloud storage facility that provides a stable, secure, and efficient solution to its distributed storage services, as per the announcement. It will ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 3 place · 12/29/2021 22:06 EDT

Indonesia’s Bukalapak names Willix Halim as interim CEO

Indonesian e-commerce major Bukalapak has announced the appointment of Willix Halim as acting interim CEO following the stepping down of Rachmat Kaimuddin. In a statement, Bukalapak said Halim will be acting interim CEO during the transition period and in the absence of Kaimuddin, until the conclusion of the proposed Extraordinary General Meeting of Shareholders ratifying ... Read more ›

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily 1 place · 12/27/2021 13:45 EDT

Indonesian coffee chain Kopi Kenangan enters the unicorn club with US$96 million fundraise

Indonesia’s fastest-growing F&B retail chain, popular for its great-tasting coffee, has raised US$96 million in a Series C funding round led by Tybourne Capital Management along with participation from Falcon Edge Capital and existing investors Kunlun, Horizon Ventures, and B Capital. The fresh funding takes Kopi Kenangan’s valuation to US$1 billion making it the first ... Read more ›

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily 2 place · 12/27/2021 04:10 EDT

Top 4 Email Security Solutions to Protect from Spam and Phishing Attacks

Your email is a professional way to present your brand’s products and services, notify your customers about offers and deals. Emails also contain sensitive information like bank account details, credit card numbers, trade talks, and many more. Also, for businesses emails are a channel of communication with their customers and any malware attack can impact ... Read more ›

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily 1 place · 12/22/2021 15:44 EDT

India-based B2B seafood marketplace Captain Fresh raises US$40 million in a Series B funding round

India-based B2B seafood marketplace, Captain Fresh raises US$40 million in a Series B funding round co-led by Prosus Ventures and Tiger Global. The investment round was joined by existing investors Matrix Partners, Accel India, Incubate Fund, and Ankur Capital. With this latest funding, the startup’s valuation has jumped to nearly US$200 million compared to the ... Read more ›

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily 1 place · 12/21/2021 09:17 EDT

Vietnamese e-wallet MoMo secures US$200 million funding, valuation tops US$2 billion

Vietnam’s biggest e-wallet firm MoMo has raised US$200 million in a Series E funding round led by Japanese Bank Mizuho. The investment round was joined by Goodwater Capital, Kora Management, and Hong Kong-based Ward Ferry Management. With the latest funding round, MoMo enters the unicorn category with its valuation surpassing US$2 billion. The startup also ... Read more ›

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