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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily 2 place · 11/10/2021 13:57 EDT

China’s Biotech Startup Singleron Biotechnologies Raises Around $100 million In Series B Round

Nanjing-based biotech startup Singleron Biotechnologies has recently raised nearly $100 million in an oversubscribed Series B round led by a healthcare industry-focused investment firm, Lake Bleu Capital. The funding round saw participation from new investors MSA Capital and Firstred Capital along with returning investors-Lilly Asia Ventures, SBCVC (SoftBank’s China arm), CDH Investments, Sherpa Healthcare Partners, ... Read more

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily 3 place · 11/10/2021 13:52 EDT

Wealthtech Startup Moduit Digital Raises $4.5 Million Funding In A Pre-Series A Round

Indonesia’s wealthtech startup Moduit Digital has recently announced that it has raised $4.5 million in a pre-Series A round led by Reciprocus Moduit Holding, a Singapore-based firm. Reciprocus Moduit Holding (RMH) represents a consortium led by Reciprocus Financial Services, a Singapore-based advisory firm; Walter de Oude, an Insurtech entrepreneur; and Helicap, a FinTech platform. The ... Read more

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily 3 place · 11/10/2021 03:02 EDT

Blockchain platform FirmaChain calls for validators for its Colosseum testnet

Blockchain based global electronic contract platform FirmaChain announced that it will be receiving applications for the company’s Colosseum testnet validator participants.  Colosseum is the penultimate stage of FirmaChain’s proprietary mainnet Augustus hardfork. Upon completion of the Imperium DevNet, the Colosseum stage invites third party validators to participate in the final testing process. Submit intent to ... Read more

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily · 11/09/2021 20:52 EDT

Enterprise Singapore partners with climate tech venture builder Wavemaker Impact

Southeast Asia’s climate tech venture builder Wavemaker Impact announced its new partnership with Enterprise Singapore (ESG), the government agency championing enterprise development The announcement was made during the Singapore Week of Innovation and TeCHnology (SWITCH) 2021, organized by ESG. The forum brings together leaders, entrepreneurs, creators, accelerators, and investors from the global tech ecosystem. With ... Read more

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily · 11/09/2021 20:42 EDT

Google invests in Seoul-based edtech startup Mathpresso

Mathpresso, an educational technology (edtech) startup based in Seoul, South Korea, announced raising an undisclosed amount of funding from global tech giant Google. Soo Nahm, Mathpresso’s chief financial officer, said the investment from Google opens up exciting opportunities for the startup and enhances its ability to serve students around the world. “Together with the recent ... Read more

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 1 place · 11/08/2021 09:34 EDT

PH venture investor Foxmont makes $12m first close of second fund

Philippine-based venture capital firm Foxmont Capital Partners announced that it has made a first close of its second early-stage venture fund at $12 million. Venture Fund II has a target corpus of $20 million and the firm expects to make the final close soon. The fund was significantly backed by a variety of Philippine industry ... Read more

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 2 place · 11/08/2021 09:29 EDT

Indonesian agritech startup Eden Farm secures $19m in Series A financing

Indonesian agri-foodtech startup Eden Farm announced raising a total of $19 million in its Series A round of financing. The funding round was co-led by AppWorks and AC Ventures, with participation from Trihill Capital, OCBC Ventures, Investible, Corin Capital, and existing investors, including Global Founders Capital. David Setyadi Gunawan, Founder & CEO of Eden Farm, ... Read more

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 3 place · 11/08/2021 09:16 EDT

Airwallex gets payments services license in Singapore

Airwallex (Singapore) Pte Ltd has been recently granted a Major Payment Institution License by the Monetary Authority of Singapore (MAS) under the Payment Services Act. This will now give the Singapore entity of the global fintech platform approval to provide a suite of payment services, including account issuance, domestic money transfer, cross-border money transfer, merchant ... Read more

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 1 place · 11/05/2021 08:39 EDT

Thai startup MyCloudFulfillment raises $7.4m in Series B funding

MyCloudFulfillment, a Thailand-based e-commerce fulfillment company, announced raising a total of $7.4 million in its Series B funding round from JWD Group and SCB 10X. The startup, which provides storage, packing, and shipping services, with sales channel integration and data analytics, said it will use the fresh funds to improve its warehouse service capability and ... Read more

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 2 place · 11/05/2021 08:12 EDT

Singapore robotics startup BeeX scores seed investment

Singaporean autonomous robotics startup BeeX announced an undisclosed seven-figure USD in a seed investment round led by Cap Vista. Also participating in the round were Quest Ventures-Maritime Fund, IMC Ventures, SEEDS Capital, and the National University of Singapore. With this funding, the robotics startup company said it will expand its team to accelerate the development ... Read more

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 3 place · 11/04/2021 08:43 EDT

NFT metaverse platform The Sandbox scores $10m

The Sandbox, an open NFT metaverse platform, announced that it received $10 million in funding from Singapore-based True Global Ventures. It has raised a total of $93 million in this Series B round. True Global Ventures invested in the platform through its blockchain fund TGV 4 Plus, which was launched in 2019 and hit the ... Read more

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 3 place · 11/04/2021 08:37 EDT

AirTrunk to soon launch another data centre in Sydney

AirTrunk, Asia Pacific’s hyperscale data centre specialist, announced its plans to build a new Western Sydney data centre. The data centre is named “AirTrunk SYD3 (SYD3)”, which will be the largest single campus in the Asia-Pacific region (excluding China) at 320+ megawatts (MW) of capacity. Robin Khuda, founder and Chief Executive Officer (CEO) of AirTrunk, ... Read more

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 3 place · 11/03/2021 10:19 EDT

PH Globe Telecom’s mobile revenue up in H1 2021

Philippine telecommunications company Globe has reported a significant increase in its mobile revenues for the first half of 2021. Their mobile data already accounted for 73% of its revenues compared to the 69% in the same period in 2020. Its total mobile subscriber base also grew by 2% to 81.7 million. According to a statement ... Read more

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily · 11/03/2021 10:08 EDT

Singapore’s Una Brands scores $15m in Series A funding

Singapore-based e-commerce startup Una Brands announced raising $15 million in its Series A funding round. The investment came after the company secured $40 million in its seed round from venture capital investors 500 Startups, Kingsway Capital, 468 Capital, Presight Capital and Global Founders Capital. White Star Capital and Alpha JWC co-led the round. Besides its ... Read more

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 1 place · 11/02/2021 08:38 EDT

Singapore’s Antbuildz raises $175K in pre-seed funding

Antbuildz, a Singapore equipment rental marketplace, announced raising S$235,000 (approximately $175,000) in pre-seed funding led by Apricus Ventures. With the fresh capital, Antbuildz said it will increase the team’s headcount, improve the user experience for consumers and rental partners on the platform, as well as strengthen marketing efforts. Erwin Foo, co-founder of Apricus Ventures, said ... Read more

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 2 place · 11/02/2021 08:16 EDT

Vietnamese edtech startup eJOY raises seed fund from ThinkZone Ventures

Vietnam-based edtech startup eJOY announced raising an undisclosed amount in its seed funding round led by ThinkZone Ventures. BK Fund, an investment fund founded by many alumni entrepreneurs of the Hanoi university of science and technology (HUST), also participated in the latest round. “eJoy really impresses us by the enthusiasm of the founding team in ... Read more

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 3 place · 11/01/2021 09:25 EDT

Digital payments trust hits 60% in India this year

Growing trust in digital payments by Indian consumers is recently reflected in the rise of the usage of digital payments multiple times per week for festive season purchases, according to a new study. The study conducted by YouGov and ACI Worldwide, a global provider of real-time digital, payment software, and solutions, revealed that 60% of ... Read more

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily · 11/01/2021 09:13 EDT

Indonesia’s NAMA Beauty seals $5m funding, gains new partnerships to scale operations

NAMA Beauty, an Indonesian-based and upcoming direct-to-consumer (D2C) cosmetics and skincare company, has secured $5 million in its seed funding round. The round was led by venture capital firm AC Ventures, with participation from SiCepat Ekspres, and DMMX. Scalable operations will now be possible with PT Digital Mediatama Maxima Tbk (DMMX) and PT SiCepat Ekspres ... Read more

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 1 place · 10/29/2021 09:55 EDT

Philippine startup CloudEats raises $5m in Series A funding

Filipino cloud restaurant startup CloudEats announced securing $5 million in its Series A round. Vulpes Investment Management of Singapore and Gobi Partners (Gobi-Core PH Fund) led the fundraising, along with notable investors including Alibaba-backed BAce Capital, Intera Investments Limited, GMA Ventures, and prominent angel investors. The funds raised in this round will be utilized to ... Read more

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 2 place · 10/29/2021 09:50 EDT

SupplyNote secures $1.2 million in funding to scale up India expansion

SaaS startup SupplyNote raised $1.2 million in a pre-series round A led by Venture Catalysts. The B2B SaaS company that helps F&B businesses digitise and automate their supply chain and procurement has raised a total of $2.8 million since its inception in 2015. US-based Astor Management, SOSV, Riso Capital, and Manjal Investment, Angelbay, SucSEED Ventures, ... Read more

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