Philippines startup accelerator IdeaSpace opens 2021 program with focus on agriculture, workplace, and sustainability technologies
IdeaSpace will be accepting new applicants for its 2021 program. It is currently considering local startups in HealthTech, MedTech, AgriTech, FoodTech, EdTech FinTech, e-commerce…
Indonesia digital ledger solution CrediBook secures $1.5M pre-Series A fund to grow SME base
CrediBook is a digital ledger that allows business owners to manage and track their expenses, accounts receivables, and receipts through a mobile platform. It mainly offers…
Brinc and Future Health Asia launch accelerator program for MedTech startups
Brinc’s partnership with Future Health Asia will bolster the value that is provided to selected MedTech startups through the integration of both their networks, expertise and…
[Updated] IMMedia secures Series A funding to scale its data-driven content marketing platform
The platform creates new audience engagement metrics with actionable recommendations and predictions to increase the effectiveness of content across multiple complex markets,…
Personal loan platform Lendela gets $2M in pre-Series A financing to support business expansion
With this capital infusion, Lendela intends to fund expansion activities. Operating in Singapore and Hong Kong, the FinTech’s growth plan focuses on gaining more customers and…
Philippines-based Podcast Network Asia secures $750K Seed funding for regional expansion
The podcast agency intends to use its new investment to finance its expansion to other parts of Southeast Asia, particularly Malaysia, Indonesia, and Thailand. Part of the new…
iStore iSend secures $5.5M Series B for e-fulfillment expansion co-led by Gobi Partners and EasyParcel
iStore iSend currently operates in four countries: China, Malaysia, Indonesia, and Singapore. The company looks forward to bringing its services to other markets in Southeast Asia…
Singaporean VC Firm KK Fund returns to lead Malaysian startup CapBay’s $20M Series A
The fresh capital infusion will be used to expand its market reach for new potential investors and to work on its current tech to provide financing solutions for underserved SMEs
German early-stage tech investment firm Picus Capital eyes Asian focus starting 2021
Munich-based investment company Picus Capital is set to increase its investments across Asia. The company plans to invest up to $75 million in Asian startups in the next three to…
Indonesia plans to relax foreign investment policies for local tech startups
Indonesia is looking to give local startups a boost by exempting foreign investors from minimum investment requirements. This is seen as an opportunity to continue fostering…
Ant Group-backed Mynt targets unicorn status as it seeks additional funding after $175M investment
After closing a $175 million private equity funding from the New York-based Bow Wave Capital Management, Mynt, also known as Globe FinTech Innovations, seeks to raise more funds…
Tower Capital PE Fund I has first close at $250M, seeks mid-market investments in Southeast Asia by Q1 2021
The fund targets to invest in companies across consumer education, healthcare, manufacturing, and business services in Southeast Asia, with focus on Singapore
Malaysia private equity firm Creador plans $650M fifth fund by March 2021
Malaysian private equity firm Creador is reportedly planning to launch its fifth fund by March 2021 and is targeting a fund size of $650 million. Focusing on growth capital…
