NewsInvestmentsPhilippinesFoodTech
With $1.2M Seed funding, WTH Foods aims to bring alternative protein-based Filipino dishes to international markets
WTH Foods launched a research and development (R&D) facility to enhance the texture and taste of its plant-based products. It will use the facility to hone its plant-based…
October 28, 2021
Deploying modern enterprise services in the cloud
Ultimately, the onus is on enterprises to make an informed decision on whether to stay with their existing non-cloud deployments or to move to the cloud. And if the choice is the…
October 28, 2021
AirAsia partners more airlines to sell competitors’ flights on super app
AirAsia's move to partner with more airlines and sell more flights on its super app comes as Malaysia and other countries in Southeast Asia are beginning to reopen their economies…
October 28, 2021
India neobank Zolve closes $40M Series A funding round at a valuation of $210M, will scale financial services for US-bound immgrants
With these additional funds, Zolve intends to enhance the user experience for global citizens, allowing them to open their U.S. accounts in minutes. Moreover, the funds will help…
October 28, 2021
NewsVietnamGamingBlockchain / CryptoInvestments
Vietnam blockchain game studio Sipher raises $6.8M Seed round to develop its upcoming World of Sipheria game
Sipher is fostering an ecosystem where people can play for fun while also being rewarded for their time spent in-game. By leveraging blockchain technology, Sipher is bringing…
October 28, 2021
NewseCommerceSingaporeInvestments
Singapore fashion brand Love, Bonito raises $50M in Series C funding to fuel category and international expansion
Proceeds from the fundraise will enable Love, Bonito to bolster efforts in existing omnichannel markets and supercharge international expansion in markets that collectively are…
October 28, 2021
Malaysia home services platform Recommend Group raises $4M Series A funding led by China’s Morning Crest Capital
Recommend Group will be using the funds to expand the teams in Indonesia and Malaysia, with a focus on product and engineering. It will also improve the user experience on its…
October 28, 2021
FinTechTNGlobal Q&A and InterviewsMalaysia
Angkasa-Boustead consortium banks on Islamic bank positioning, existing captive members to win a digital banking license in Malaysia [Q&A]
In the interview, Hudhaifa shared the opportunities the consortium sees in building a digital bank in Malaysia and what are the competitive advantages it has against other…
October 27, 2021
NewsInvestmentsSingaporeVenture Capital
Temasek launches $3.34B investment platform to support businesses with regional or global aspirations
65 Equity Partners seeks to partner with fundamentally sound and well-managed businesses with clear growth strategies over the long term. It will invest across industries with…
October 27, 2021
NewsAIInvestmentsSingaporeBig Data
DaaS provider QoreNext raises $1.5M seed funding backed by Wavemaker Partners to bring data science solution to the market
The seed round will help the QoreNext platform to advance the production of its main modules and to bring its first set of data products to the market, the company said in a…
October 27, 2021
NewsInvestmentsPhilippinesMedia / Streaming
Kumu breaches $100M in funds raised with Series C led by General Atlantic, aims to create the world’s largest participatory social network
This transaction marks the largest equity financing to date for a Filipino startup not founded as a subsidiary or spinoff of an established conglomerate. It also marks General…
October 27, 2021
NewsIndonesiaCybersecurityInvestments
Privy raises $17.5M series B funding led by GGV Capital, expects faster digital transformation in Indonesia through digital identity and signing
Within five years, Privy has been enabling 18.5 million users to open bank saving accounts, stock trading accounts, apply for credit cards, insurance policy, lease a motor…
October 27, 2021
Deep TechNewsMalaysiaInvestmentsIoTeCommerceRoboticsAgriTech
DroneTech startup Poladrone raises $4.29 M in Malaysia’s largest Seed round
The funding round will allow Poladrone to scale up operations to better serve customers across the region and to attract top talent to further improve its products.
October 27, 2021
India education infrastructure startup Teachmint plans international expansion with $78M Series B led by Rocketship.vc and Vulcan Capital
Teachmint will use this fresh infusion of funds to further strengthen its proprietary classroom technology as well as to expand into international markets. To accelerate growth,…
October 26, 2021
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