Singapore-based FinTech company CoAssets to shut down its crowdfunding platform
A few days after the news about the company’s financial troubles surfaced, CoAssets, which operates its crowdfunding platform under the name CA Funding Pte Ltd (CAFPL), announced…
🪓☠️ Covid-19: Southeast Asia tech layoffs and shutdowns
We're keeping this list regularly updated.
IMC Group’s Heritas Capital set to secure $30M for its HVF II ‘impact investing’ venture fund
Launched in December 2020, HVF II was created as an “impact investing” venture fund aimed at helping early-stage tech startups. The fund particularly focuses on new but promising…
💸 Here’s a handy list of Southeast Asia’s newest VC funds
Updated regularly, here’s a rundown of fresh funding coming into the region.
What do founders want for Christmas? The perfect, but ever-elusive, start-up pitch
There are supposed hard and fast rules to pitching your start-up but if the fundamentals of product fit, market size and expert team aren’t there you’re unlikely to get a second…
On-demand logistics platform Lalamove raises $515M Series E for China expansion
On-demand logistics company Lalamove has raised $515 million in Series E funding, as announced on its website (the company is known as Huolala in China). This round was led by…
FinTech startup Finantier joins Y Combinator’s Winter 2021 batch, will expand its tech team
Finantier, a Singapore-based startup that specializes in open finance, is set to be part of Y Combinator’s W21 startup accelerator program next year
Daiwa VC fund manager DCI Partners launches $135M fund to accelerate drug discovery
Tokyo-based DCI Partners, a venture fund manager of Daiwa Securities Group, has announced the launch of Daiwa Taiwan-Japan BioVenture Investment Limited Partnership II, a $135…
Japanese conglomerate SoftBank Group seeks to raise at least $525M for SPAC in the US
SoftBank Group, Japan’s second largest publicly traded company, filed in the United States to secure up to $604 million for a special purpose acquisition company (SPAC), a shell…
Singapore-based travel-optimization platform Navisteps secures $1M in pre-Seed round
The travel startup plans to use this fund to expand and add new partner integrations onto its platform and look further into its current expense analytics model
Skuad raises $4M Seed round to ramp up global payroll platform
Skuad plans to use this fresh capital by investing in the growth team who will be located in different regions geographically and continue working on developing their remote…
Vietnamese billionaire launches VinFuture Prize to support R&D and tech innovations, pledges $4.5M annual funding
VinFuture Foundation, a charitable trust associated with one of the biggest conglomerates in Southeast Asia, Vingroup, has officially launched The VinFuture Prize on December 20,…
Logistics technology startup Zeek secures $10M pre-Series A for Southeast Asia expansion
Zeek intends to use the funds to further its expansion in Southeast Asia markets, enhance and refineme its logistics management technology, and in data analytics applications
