Vietnam e-commerce platform Kilo raises $5M pre-Series A led by Altos Ventures and January Capital
Kilo has raised $5 million in a pre-Series A round co-led by Altos Ventures and January Capital. The round was joined by Goodwater Capital, Ascend Vietnam Ventures, Decisive…
Japan’s Olympus Corporation launches $50M venture capital fund to strengthen MedTech leadership
Olympus Corporation has announced the establishment of Olympus Innovation Ventures to invest in pioneering startups with innovative technologies that improve clinical outcomes,…
Singapore consumer data and analytics startup Milieu Insight raises $5M funding led by MassMutual Ventures Southeast Asia
Milieu Insight has secured $5 million in its latest round of funding led by MassMutual Ventures Southeast Asia. The round also saw the participation from OSK Ventures…
Hong Kong’s Animoca Brands and South Korea’s Cube Entertainment form joint venture for K-pop music metaverse and NFTs
Animoca Brands and Cube Entertainment (Cube Ent) announced a joint venture for the purposes of building a music metaverse, and issue non-fungible tokens (NFTs) and ecosystem…
Singapore healthy food chain SaladStop! Group raises $8.8M Series B funding led by Temasek
SaladStop! Group has announced the closing of a SG$12 million ($8.88 million) Series B investment round, led by Singapore state investor Temasek. The fundraising proceeds will be…
Vietnam proptech firm Homebase raises $30M led by Y Combinator and other global investors
Homebase will use the funding to expand its market leadership in Southeast Asia’s Proptech industry and get one step closer in its mission of empowering homeownership for 100,000…
Philippine tech ecosystem poised to grow further with more investments & gov support – report
Funds raised by startups in the Philippines during the first ten months of 2021 almost exceed the total amount funds raised from 2017 to 2020.
Taiwan data governance startup FST Network raises $2.9M in Seed funding round
FST Network aims to deliver a comprehensive set of tools for data governance, management, and lineage, and this investment will be used to accelerate the company’s rapid growth,…
Grab’s 3Q revenue down 9% due to coronavirus curbs, net loss widen to $988M
Mobility and food delivery services were suspended in Vietnam for most of Q3, and six of its core countries in which Grab operates experienced tighter movement controls.
Singapore asset trading platform Sparrow raises $4.4M Series A led by Gain Loyal
With the Series A funding by Gain Loyal, Sparrow also aims to attract talent in risk management, trading, technology, and operational excellence. It will also improve its KYC,…
Microsoft partners She Loves Tech to unlock $1B in capital for women entrepreneurs in Asia
Microsoft Asia has partnered with She Loves Tech to unlock $1 billion in capital for women-led businesses by 2030. The partnership will see Microsoft support an Azure-powered…
Singapore early-stage venture capital firm Antler aims to invest in 100 startups in Indonesia
Antler plans to invest in at least 100 companies in Indonesia over the next 4 years, with the first Indonesia investments to be made in early 2022. It has launched in Indonesia to…
India health & wellness startup Mosaic Wellness raises $24M in Series A led by Sequoia Capital India
Mosaic was founded in 2020 with the vision of delivering consumer-centric, vertically integrated, and affordable digital healthcare platforms, which led to the birth of Manmatters…
Indonesian Islamic body forbids crypto as currency – report
As a means of payment, cryptocurrencies are forbidden according to Shariah law because they carry elements of uncertainty and harm, and are in violation of state laws.
