Singapore-based crypto startup Immunefi that helps DeFi (decentralized finance) projects protocols launch bug bounty programs on its platform, has secured US$5.5 million in a seed funding round. The funding round was co-led by Blueprint Forest and Electric Capital with Bitscale, Framework Ventures, IDEO Colab, Framework Ventures, North Island Ventures, BR Capital, and The LAO also ... Read more ›
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Insurtech platform PolicyPal announced today its acquisition of an Asia-focused financial technology company based in the United States. The Singapore-homegrown insurtech platform under AMTD Digital acquired Value Champion, which provides resources and advice for people looking to obtain loans, credit cards, insurance, or general financial advice. Val Yap, Chief Executive Officer and Founder of PolicyPal, ... Read more ›
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Singapore-based venture capital firm Wavemaker Partners has launched a first-of-its-kind climate tech venture builder in Southeast Asia to step up decarbonization efforts. The firm said it targets to raise $25 million for Wavemaker Impact, a climate tech venture builder that co-founds sustainability-focused businesses in Southeast Asia with proven entrepreneurs. It aims to rally individuals, investors, ... Read more ›
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Global e-commerce major Amazon is growing its presence in Singapore with the opening of its new office in the city-state, according to an announcement. As part of the local expansion plans, Amazon said it will create over 200 new jobs in Singapore by end-2022, in addition to its existing 2,000 full-time and part-time employees. The ... Read more ›
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Filipino social entertainment platform Kumu announced raising a Series C funding led by global private equity major General Atlantic with existing investors Openspace and SIG also participating. The amount of the funding was not disclosed but Kumu said it was one of the largest equity financings to date for a Filipino startup and also marks ... Read more ›
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Love, Bonito, one of Southeast Asia’s largest omnichannel womenswear brand, has announced raising $50 million in a Series C funding round led by Primavera Capital Group. Adastria, Ondine Capital, and existing investors, including Openspace Ventures and Kakaku.com also participated in the funding round, as per the announcement. The company said it will use the fresh ... Read more ›
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Jakarta-based startup PrivyID that provides digital signature and universal identity services has recently raised US$17.5 million in a Series B funding round led by GGV Capital, a Global Venture Capital powerhouse. The funding round was also joined by returning investors Telkomsel Mitra Inovasi, MDI Ventures, Gunung Sewu Group, and Mandiri Capital along with participation from ... Read more ›
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India-based online beauty and cosmetics retailer, Nykaa is now looking to expand its services in Europe and the Middle East as it gears up for an initial public offering later this month. Nykaa, owned by FSN E-commerce Ventures limited has witnessed a gradual recovery in its consolidated GMV since the peak of the pandemic, according ... Read more ›
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Malaysia-based end-to-end drone solution provider Poladrone has raised $4.29 million in a seed funding round led by one of Southeast Asia’s leading VC firms, Wavemaker Partners. The funding round was also joined by a Hong Kong-based principal investment firm, ZB Capital; MTDC (Malaysian Technology Development Corporation) a strategic investment fund wholly-owned by the Khazanah Nasional ... Read more ›
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Education infrastructure startup Teachmint announced raising $78 million in its Series B funding round anchored by US-based venture capital firms Rocketship.vc and Vulcan Capital. New investors, Goodwater Capital and Epiq Capital, have also joined the company’s cap table. Existing investors Learn Capital, CM Ventures, Lightspeed India and Better Capital continue to double down in the ... Read more ›
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End-to-end drone solutions provider Poladrone announced that it has secured $4.29 million in a Seed round led by one of Southeast Asia’s leading venture capital firms – Wavemaker Partners. Cheong Jin Xi (JX), Poladrone’s Founder and CEO, said this will allow them to scale up operations to better serve customers across the region, and to ... Read more ›
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Emails most vulnerable link for cyber security threats Emails are the weak link in cyber security as over 90 percent of malware is initiated through mailing systems, even for enterprises deploying multiple security solutions to protect their infrastructure. Malware, phishing and URL-based threats all exploit emails as a valuable vector for cyber attacks and the ... Read more ›
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A wide suite of financial services will now soon be available at the tip of fingertips. Kakao Pay announced its transition on Monday to an “all-encompassing mobile financial service platform”, ahead of its plan to go public on November 3. Alex Ryu, CEO of Kakao Pay, said they seek to maintain symbiotic relationships of mutual ... Read more ›
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Singapore-based AI and sustainability startup Waste Labs announced the close of its $500,000 pre-Seed funding round from a group of investors. The investors include UK-based talent investor Entrepreneur First, a Singapore venture capital firm Fund4SE, and a group of strategic angel investors. Vladimir Chuchkin, CEO and Co-Founder of Waste Labs, said they are excited “to ... Read more ›
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Tech upskilling startup Scaler (by InterviewBit) announced its recent acquisition of online learning platform Coding Minutes. The acquisition is seen as a move for Scaler to accelerate business growth, leading to their Data Science & Machine Learning vertical launch, according to the announcement. Scaler acquired Coding Minutes for $1 million in an all-cash deal. Abhimanyu ... Read more ›
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Doyobi, a Singapore-based provider of STEM teaching sources and teacher professional development to schools, announced that it recently bagged a $2.8 million pre-Series A funding. The funding round, led by Monk’s Hill Ventures, will be used in building new cohort-based courses focused on upskilling teachers, according to the announcement. This will help develop new resources ... Read more ›
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India-based digital media and lifestyle content platform ScoopWhoop has been acquired by the content-to-commerce company, The Good Glamm Group for an undisclosed sum. This is Good Glamm Group’s second acquisition in less than a month, it had acquired the baby and mother care brand The Moms Co, which was one of the largest deals in ... Read more ›
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South-East Asia’s thriving tech ecosystem has drawn attention from investors around the world. With increasing internet and smartphone penetration, about 400 million internet users, and fundraising unimpeded by the pandemic, the startups are doubling down on the region. The startups in the region raised more than $8.2 billion in the year 2020 which was about ... Read more ›
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China’s leading home appliance manufacturer Dreame has recently raised US$563 million (about 3.6 billion yuan) in a Series C financing round. The funding round was led by Dreame’s existing investor Huaxing Growth Capital along with participation from alternative asset manager CPE and real estate developer Country Garden’s investment arm Country Garden Venture Capital. The financing ... Read more ›
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Vietnam-based ecommerce startup Tiki has secured $240 million funding in Series E round led by AIA Group. the funding round also saw participation from South Korean investment manager Mirae Asset, UBS (London Branch), STIC Investments (Korean private equity firm), and Taiwan Mobile. AIA Group has invested $60 million in the round, according to data insights ... Read more ›
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Most popular sources
Business Insider
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27% 8 |
Android Authority
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9% 6 |
Ars Technica
|
8% 5 |
Gizmodo
|
8% 5 |
Tom's Hardware
|
6% 17 |
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19.12.2025 15:19
Last update: 15:10 EDT.
News rating updated: 22:11.
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